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Rejerrah, Newquay

South West

£1,650,000
Listed on 18/06/2025

Property Details

Bedrooms
7
Type
Detached house
Area
3300 sqft

Description

This expansive property, situated within a serene rural landscape and spanning nine acres of land, presents a unique opportunity for those interested in renovation or investment. Set back from the main road along a private quarter-mile lane, the residence offers both tranquility and ample space for development. The main house is currently configured as a five-bedroom dwelling and includes several versatile rooms, such as a music room and a games room, providing plenty of options for personalization. An attached self-contained annexe expands the living space further with two additional bedrooms, a kitchen, dining area, and a comfortable living room. This configuration not only accommodates large families but also offers potential for rental income or guest accommodations. Significant outbuildings enhance the property's appeal, featuring newly constructed stables that cater to equestrian interests and multiple workshops suitable for various business ventures. A large barn adds further potential for conversion into additional living space or storage facilities. The presence of separate access points to some land parcels may allow for future subdivision or development opportunities, subject to local planning permissions. Sustainability is at the forefront of this home’s features with heating supported by solar panels and an air-source heat pump. Water management is handled through a private borehole along with septic drainage systems, resulting in lower running costs and reduced environmental impact. The grounds are rich with possibilities. In addition to the mature orchard filled with diverse fruit trees, there are spacious fields offering sufficient room for smallholding endeavors or recreational activities. The property’s natural surroundings attract wildlife, making it an appealing choice for nature enthusiasts looking to create their own private retreat. With its combination of spacious living areas, extensive land use options, and strategic outbuildings, this property stands as an ideal candidate for renovation projects or investors eager to capitalize on its full potential in this tranquil setting.

Investment Analysis

(TR8 area)

Above Market Value

This property is priced +34.9% above area average per sq ft

+34.9%
This Property
£500/sq ft
Area Average
£371/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,345,460
10% above area average per sq ft
Potential ROI
-29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by +12.6% over the last 12 months
3 year growth: -13.4%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on TR8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Rejerrah, Newquay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,044
Based on a loan of £1,237,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE