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Chymbloth Way, Coverack, Cornwall, TR12

South West

£700,000

Listed on 23/05/2025

Property details

Bedrooms
3
Type
Detached
Area
1239 sqft

Description

This property presents a unique opportunity to invest in a coastal gem, situated on a generously sized plot in the highly desirable village of Coverack. With commanding views over the ocean, this home offers significant potential for renovation and personal customization. The ground floor includes a spacious sitting room with large windows showcasing uninterrupted sea views, alongside a kitchen and dining area that flows effortlessly into a conservatory—ideal for enjoying the picturesque surroundings at any time of day. A well-sized bedroom with an en-suite bathroom adds convenience to this level. Upstairs features another ample bedroom, a family bathroom, and additional versatile space suitable for use as a snug or study. The expansive gardens at the rear present an open canvas for landscaping or outdoor living expansions, while several outbuildings add further potential for storage or conversion projects, subject to appropriate permissions. Whether seeking to craft a bespoke retreat or capitalize on rental prospects, this property stands as an exciting venture within one of Cornwall's most charming coastal settings.

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Investment analysis

(TR12 area)

Above Market Value

This property is priced +61.7% above area average per sq ft

+61.7%
This Property
£565/sq ft
Area Average
£349/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£476,129
10% above area average per sq ft
Potential ROI
-39.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -12.4%
5 year growth: +3.0%
Investment Disclaimer: Analysis based on TR12 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

Chymbloth Way, Coverack, Cornwall, TR12
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% 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

-12.5% since listed
£700,000£100,000(-12.5%)
02/04/2026
Current price
£800,000Initial listing
07/10/2025

Next Steps

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