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Moditonham, Saltash, Cornwall

South West

£795,000

Listed on 27/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
4109 sqft

Description

Waterside House presents a unique opportunity to acquire a substantial detached residence nestled within approximately 6.5 acres of private grounds, featuring direct access to Kingsmill Creek and around 400 yards of creek frontage. This secluded property, located in a serene woodland environment, offers not only privacy but also an exceptional canvas for renovation and development, pending the necessary permissions. The absence of onward chain facilitates a smoother transaction process. Originally a quaint period cottage, the home has been thoughtfully expanded over the years, resulting in a versatile layout that accommodates either a six-bedroom family space or can be configured to include a self-contained two-bedroom annexe. This setup is ideal for extended families, guest stays, or even as a holiday rental option, tapping into various potential investment avenues. The main house boasts an inviting conservatory that opens into a spacious sitting and dining area — the focal point of the living space. A separate reception area serves well as either a drawing room or home office, while the kitchen is conveniently positioned at the rear alongside utility and boiler services. A cloakroom and ample storage options enhance functionality on the ground floor. The upper level comprises four generously sized bedrooms complemented by a family bathroom with tranquil woodland views. The annexe provides independent living quarters with its own lounge, kitchen, bathroom, cloakroom, and two bedrooms; perfect for maintaining privacy yet remaining connected to the main dwelling. Various outbuildings on site include an expansive garage/storage facility along with stabling, boat storage areas, and a summer house crafted from timber—these features significantly contribute to potential future developments or reconfigurations that suit modern living needs or entrepreneurial ambitions. The surrounding land enhances Waterside House’s charm with mature woodlands providing clear walking paths alongside an orchard full of fruitful trees and a large pond equipped with seating for relaxation amid nature's beauty. Additionally, the historic quay at one end of the property allows for tidal water access suitable for boating and other aquatic activities. This property encapsulates not just allure and tranquility but also vast practical opportunities for transformation and growth. With generous outdoor space and adaptable interiors in this coveted location within South East Cornwall, Waterside House is a rare find appealing to both lifestyle seekers and investors alike.

Investment Analysis

(PL12 area)

Below Market Value

This property is priced -33.0% below area average per sq ft

-33.0%
Potential saving
This Property
£193/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,304,669
10% above area average per sq ft
Potential ROI
+42.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PL12)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +3.3%
5 year growth: +18.7%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,836
Based on a loan of £596,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-6.5% since listed
£795,000£55,000(-6.5%)
05/01/2026
Current price
£850,000Initial listing
03/10/2025

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