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Wellington Terrace, Portscatho

South West

£599,950
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1099 sqft

Description

This charming semi-detached cottage, situated in the heart of Portscatho, offers a valuable opportunity for renovation and personal customization. The property comprises three bedrooms and a family bathroom on the upper level, while the ground floor features a sitting room, dining room, kitchen, and cloakroom. Though it has been well-loved by the same family for many years, it now requires modernization to unlock its full potential. The interior retains character details such as open fireplaces in both the sitting and dining rooms. These spaces are well-proportioned, allowing for flexible layouts that can cater to a variety of living arrangements. The kitchen, while functional with essential appliances and good storage options, presents an opportunity for refurbishment to better suit contemporary needs. One of the standout features of this property is its outdoor space. The front patio is ideal for enjoying morning sun, while the enclosed rear garden offers privacy and potential for landscaping or gardening. Its south-facing orientation allows ample sunlight throughout the day. There's also convenient parking available—a valuable asset in this popular coastal village. Located just a short walk from local amenities including shops, pubs, galleries, and schools, this cottage makes an excellent base for embracing village life. The nearby harbor invites opportunities for sailing and beach activities, making it an attractive option for those looking to invest in a coastal retreat. With thriving communities in Portscatho and Gerrans offering various services and leisure options, there’s plenty of scope to enhance both lifestyle and investment value here. Truro is approximately sixteen miles away by road—easily accessed via the King Harry Ferry—making this property not only a great holiday home but also an exciting prospect for permanent residence or rental investment. As you consider renovations at Nampitty Cottage, envision transforming this traditional Cornish home into a personalized haven that captures stunning views toward Gerrans Bay and beyond.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +42.6% above area average per sq ft

+42.6%
This Property
£546/sq ft
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£462,948
10% above area average per sq ft
Potential ROI
-27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +13.9% over the last 12 months
3 year growth: -3.4%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TR2 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

Wellington Terrace, Portscatho
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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
£2,198
Based on a loan of £449,962 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