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Polcoverack Lane, Coverack - Image 1
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Polcoverack Lane, Coverack

South West

£125,000
Listed on 14/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development opportunity presents a unique chance to acquire a building plot with approved planning permission for a two-bedroom reverse-level home, strategically designed to enhance stunning sea views. Detailed planning documents are accessible through Cornwall Planning under reference PA23/01703. Nestled in the picturesque village of Coverack on the Lizard Peninsula, this site is set within an area renowned for its exceptional natural beauty. Coverack boasts a charming sandy cove that attracts water sports enthusiasts, including those interested in windsurfing, sailing, and diving. The village features an attractive harbor serving a fleet of traditional fishing boats, as well as essential amenities like a public house, restaurants, local produce shops, and a primary school. Nearby St Keverne offers additional conveniences such as a butcher’s shop and medical services, while the larger market town of Helston, located approximately eight miles away, provides more extensive shopping options. There is noteworthy potential for expanding the current design; the owner has suggested that plans could accommodate three bedrooms with ensuites on the lower ground floor—contingent upon obtaining necessary approvals. Interested parties can request layout plans prepared by the vendor to explore these possibilities further. It is important to note that there is an established agreement with the local water authority concerning the diversion of existing sewer lines to facilitate construction. Additional information and drawings related to this agreement can be supplied upon request. As part of the purchasing process, verification of identity will be required along with proof of financial capability to proceed with the acquisition. Additionally, prospective buyers should be aware of the Cornwall Infrastructure Levy applicable at the start of construction works. This property not only offers immediate building prospects but also represents a significant investment opportunity in one of Cornwall's most sought-after coastal locations.

Investment Analysis

(TR12 area)
Area Average
£376/sq ft

Renovation Potential

Est. Renovation Cost
£12,500 - £31,250
10-25% of property value
Monthly Sales
7
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR12)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -14.1%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on TR12 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

Polcoverack Lane, Coverack
Map showing location of Polcoverack Lane, Coverack
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