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Perhaver Way,  Gorran Haven - Image 1
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Perhaver Way, Gorran Haven

South West

£495,000
Listed on 31/08/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3191 sqft

Description

This spacious detached house, owned by the same family since its construction in the early 1970s, presents a unique opportunity for renovation and investment. Set against stunning coastal and countryside views, the property is conveniently located within walking distance of local amenities, beautiful beaches, and scenic coastal walks. Spanning three levels with a total internal floor area of 3,191 sq. ft., the layout includes a ground floor featuring an entrance hall, dining room, sun room, living room, kitchen/breakfast room, utility area, rear porch, bedroom five, and a bathroom. On the first floor, you'll find four additional bedrooms along with a bathroom, separate WC, and shower room. The lower ground floor offers significant potential for further development or the creation of an annexe—subject to necessary consents—with three spacious basement rooms that could serve various purposes. The property benefits from an integral double garage with dual access and ample parking space for several vehicles. The rear garden is mostly level and predominantly laid to lawn, complemented by a greenhouse and pagoda—ideal for those looking to cultivate their own outdoor space or enhance it further. Despite being livable as-is thanks to an oil-fired heating system and double-glazed windows installed alongside solar panels for energy efficiency, this home has reached a point where modernization would greatly enhance its appeal. This presents an excellent opportunity for buyers who wish to tailor the space to their personal taste or adapt it for multi-generational living. Historically used as a guest house, there’s also potential here for generating rental income through holiday lettings or long-term tenants. Situated in Gorran Haven—a picturesque fishing village known for its natural beauty—the location offers easy access to local beaches and amenities including shops and recreational facilities. The village boasts year-round social activities and is within catchment areas for highly regarded schools. Proximity to various attractions such as the Lost Gardens of Heligan and the stunning South Cornwall coastal paths adds further value to this investment opportunity. In summary, this property combines versatility with significant renovation potential in an enviable location that appeals to both families seeking a permanent residence or those considering vacation rentals. With careful updates and development plans in mind, this home could transform into a remarkable asset in one of Cornwall's most sought-after areas.

Investment Analysis

(PL26 area)

Below Market Value

This property is priced -46.2% below area average per sq ft

-46.2%
Potential saving
This Property
£155/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£49,500 - £123,750
10-25% of property value
Target Value
£1,012,137
10% above area average per sq ft
Potential ROI
+63.6%
After renovation
Monthly Sales
20
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PL26)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -1.4%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on PL26 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

Perhaver Way, Gorran Haven
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