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Moditonham, Saltash, Cornwall

South West

£795,000
Listed on 06/01/2026

Property Details

Bedrooms
6
Type
Detached house
Area
4109 sqft

Description

Waterside House is an exceptional detached property set on approximately 6.5 acres of private land, boasting direct access to Kingsmill Creek and around 400 yards of creek frontage. Situated in a serene woodland environment, this residence provides unparalleled privacy and opportunities for renovation or development, pending necessary approvals. The absence of a chain simplifies the purchasing process. Originally established as a period cottage, this home has undergone extensive extensions to create a sizable six-bedroom residence that can easily be adapted to include a self-contained two-bedroom annexe, ideal for multi-generational families, guest accommodations, or as an income-generating holiday let. The layout allows for various configurations, making it suitable for both personal use and investment purposes in this unique setting. The main living area features a sun-drenched conservatory leading into an expansive sitting and dining room, complemented by a secondary reception room perfect for use as an office or formal lounge. The kitchen is conveniently positioned near the rear of the house alongside utility spaces, while the ground floor also includes ample storage options and a cloakroom. Upstairs are four well-sized bedrooms accompanied by a family bathroom with scenic views of the surrounding woodland. The annexe benefits from independent entry and includes its own lounge, kitchen, bathroom, cloakroom, and two bedrooms—providing autonomy without isolation from the primary residence. The property also includes versatile outbuildings such as a spacious garage/storage area, stables, boat storage facilities, a pump house, and a timber summer house—all presenting excellent opportunities for future development or reconfiguration. The surrounding land enhances its appeal with mature trees offering tranquility and picturesque walking paths. An orchard fills part of the grounds with fruit-bearing trees while a pond offers serene seating areas for relaxation. At one end lies an ancient quay that historically served transportation needs but now provides tidal access suitable for boating or marine recreation. This property not only exudes charm but also presents substantial potential for transformation or redevelopment amidst its vast grounds and waterside position—making Waterside House an increasingly rare opportunity in South East Cornwall.

Investment Analysis

(PL12 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£193/sq ft
Area Average
£285/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,290,205
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (PL12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.7%
5 year growth: +25.5%
Investment Disclaimer: Analysis based on PL12 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

Moditonham, Saltash, Cornwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,867
Based on a loan of £596,250 over 30 years at 4.06% 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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