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Eliot Court, Newquay

South West

£239,950
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
686 sqft

Description

This 3-bedroom semi-detached house, situated in a quiet cul-de-sac just off the well-regarded Eliot Gardens, presents a compelling renovation opportunity for both first-time buyers and investors. The property features a south-facing rear garden that is fully enclosed and paved, providing a low-maintenance outdoor space with significant potential for enhancements such as a sunroom or an extension. Conveniently located near Newquay Town Centre, this home benefits from close proximity to local amenities, including shops, restaurants, Tolcarne Beach, and Newquay Train Station. Additionally, the nearby Trenance Boating Lake and River Gannel offer attractive recreational options for families and residents alike. With Newquay Airport just a short drive away, this location is also advantageous for those commuting or welcoming visitors. Constructed in the late 1980s/early 1990s, the home retains a modern layout but will require comprehensive internal refurbishment to realize its full potential. Upon entering, you’ll find a small vestibule leading to a bright lounge area that features large front windows. The open-plan kitchen diner at the rear includes patio doors that open onto the garden, facilitating easy indoor-outdoor living. The first floor accommodates two double bedrooms along with a single bedroom and a shower room that has enough space to be retrofitted with a bathtub if desired. While the front garden is modest, there is potential for creating additional parking space with appropriate permissions. The rear garden offers practicality with its block paving, making it easy to maintain after some minor cosmetic work. This property holds significant appeal as an investment or renovation project in an increasingly sought-after location.

Investment Analysis

(TR7 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£350/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£272,599
10% above area average per sq ft
Potential ROI
-0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR7)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -9.4%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on TR7 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

Eliot Court, Newquay
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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
£879
Based on a loan of £179,962 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