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12 Broad StreetNewquay

South West

£325,000
Listed on 04/06/2025

Property Details

Bedrooms
2
Type
Detached house
Area
749 sqft

Description

Nestled within one of Newquay's most sought-after neighborhoods, this two-bedroom character cottage presents a unique opportunity for those looking to invest in a property with significant renovation potential. Originally built to serve the local fishing community, the home retains much of its historical charm and offers a versatile layout that can be modified to suit modern living. The ground floor features an inviting lounge with double-glazed sash windows that usher in natural light, a cozy dining room complete with an inset log burner, and a functional kitchen that includes base and wall units, as well as space for essential appliances. The family bathroom is well-equipped with both bath and shower facilities. Ascending to the first floor, you'll find two comfortable bedrooms; the main bedroom benefits from an additional cloakroom for added convenience. This cottage is situated just moments away from the picturesque Newquay Harbour and Towan Beach, making it an ideal location for beach lovers and those who appreciate vibrant coastal life. With excellent transport links nearby—bus and rail services as well as Newquay Airport within seven miles—the property is well-positioned for easy accessibility. For investors or DIY enthusiasts, there exists ample scope to extend or reconfigure the existing layout, subject to necessary planning permissions. The enclosed front garden adds character while offering potential landscaping opportunities, while the low-maintenance rear garden is primarily laid to hard standing, which could be transformed into an outdoor living space or additional storage area. This property not only combines historical allure with everyday functionality but also represents a rare chance to make your mark in one of Newquay’s premier locations. Early viewing is advised to fully appreciate the possibilities that await.

Investment Analysis

(TR7 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£434/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£297,840
10% above area average per sq ft
Potential ROI
-26.7%
After renovation
Monthly Sales
29
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (TR7)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -6.7%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on TR7 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

12 Broad StreetNewquay
Map showing location of 12 Broad StreetNewquay
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