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Wellington Terrace, Portscatho

South West

£625,000
Listed on 11/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1099 sqft

Description

Tucked away in the vibrant village of Portscatho, this semi-detached cottage presents a unique opportunity for renovation and investment. This property boasts three bedrooms, making it an ideal candidate for a family home or rental venture in a sought-after coastal community. The ground floor features a sitting room with an open fireplace, a dining room with similar charm, and a kitchen that opens onto the rear garden. A cloakroom adds convenience to this level. Upstairs, the bedrooms offer picturesque sea views from two of the rooms, along with ample natural light and built-in storage solutions. The family bathroom provides essential amenities but is ripe for modernization to suit contemporary tastes. Set on a generous plot with both front and rear outdoor spaces, the property includes an enclosed garden that faces south—ideal for sun-seekers—and is perfect for children or pets. The front patio offers potential as an inviting entry point or additional outdoor seating area. Parking is available on-site, which is a valuable asset in this popular area. Nampitty Cottage has been held by the same family for several years and now requires updating, allowing new owners to infuse their style into a traditional Cornish home while enhancing its overall value. Its location is one of its key benefits; situated just moments from the harbor and local facilities like shops, eateries, and schools, it ensures that daily conveniences are within easy reach. Portscatho offers not only community amenities but also access to stunning beaches and scenic walking trails protected by the National Trust. With Truro just 16 miles away and St Mawes accessible via ferry, this area combines rural tranquility with convenient transport links to larger towns. Given its prime location and renovation potential, this property represents an excellent opportunity for those looking to make their mark in the heart of Portscatho's coastal lifestyle.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +41.6% above area average per sq ft

+41.6%
This Property
£569/sq ft
Area Average
£402/sq ft

Renovation Potential

Est. Renovation Cost
£62,500 - £156,250
10-25% of property value
Target Value
£485,434
10% above area average per sq ft
Potential ROI
-37.9%
After renovation
Monthly Sales
5
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +9.7% over the last 12 months
3 year growth: -0.2%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on TR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wellington Terrace, Portscatho
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