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Building Plot, St. Mawgan, TR8

South West

£350,000
Listed on 08/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled in a serene wooded valley at the edge of a desirable village, this property presents a compelling opportunity for those looking to undertake a renovation or investment project. The spacious building plot offers the potential to create a custom-designed home tailored to personal specifications. Located within the historic village of St Mawgan, known for its charming atmosphere and strong sense of community, the area boasts essential amenities such as a local school, pub, and convenient access to nearby beaches. The stunning coastline at Mawgan Porth is just a 25-minute walk away or a quick five-minute drive, enhancing the appeal for both residential living and holiday rentals. Outline planning permission was granted in January 2025 for the construction of a substantial single dwelling complemented by a detached garage or home office. The plot spans approximately one-third of an acre (0.32 acres) and has been recently cleared, ready for development. Access to the site is easily obtained from Ox Lane, with elevated positions offering glimpses of sea views towards Mawgan Porth. The site comes with preliminary architectural designs created by award-winning architects Arco2. Accompanying documentation includes block plans, site surveys, and various reports that will assist future buyers in navigating through detailed planning applications. Mawgan Porth's reputation as one of North Cornwall’s most desirable locations is well-deserved, boasting a beautiful sandy beach popular among surfers and families alike. With access to fine dining options like the award-winning Scarlet Hotel and recreational facilities at adjacent properties, residents can enjoy both relaxation and active pursuits. Local amenities in Mawgan Porth include shops, cafés, restaurants, surf schools, and gift stores. For walking enthusiasts, the South West Coastal Path provides access to breathtaking routes toward Watergate Bay and Bedruthan Steps. Despite its tranquil setting, St Mawgan benefits from proximity to Newquay Airport—just minutes away—which offers direct flights to London and beyond. This makes it an ideal spot for those seeking both peaceful coastal living and easy travel connections. To visit the property location, navigate east or west along the A39 and follow signs toward Newquay before turning onto A3059 toward Newquay Airport. After passing key landmarks such as Mole Valley Farmers and Gulf petrol station, follow signposts leading into St Mawgan village where you can find further directions to your destination.

Investment Analysis

(TR8 area)
Area Average
£371/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by +12.6% over the last 12 months
3 year growth: -13.4%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on TR8 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

Building Plot, St. Mawgan, TR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE