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Trevelgue Road, Newquay, Cornwall, TR7

South West

£1,800,000
Listed on 22/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique redevelopment opportunity on an expansive 1.25-acre freehold plot, featuring an existing structure of approximately 9,000 sq ft. Set high above the picturesque Porth Beach, the site offers stunning south-west facing views that encompass both the golden sands and the sweeping Atlantic horizon. Currently, there is planning permission in place for the demolition of the existing hotel and the construction of 10 detached dwellings, with four designated for holiday use. This potential for transformation makes it a rare investment prospect in Cornwall, particularly given its size and location. Such opportunities to acquire land with substantial development rights are increasingly hard to come by. The property is conveniently located just outside Newquay, within a desirable residential area that has evolved from its historical roots as a shipbuilding harbor. Porth boasts a balanced community atmosphere with various shops, cafés, and services that cater to both residents and visitors alike. The surrounding natural beauty features rugged cliffs and sandy beaches, enhancing its appeal as a location for both permanent living and vacation rentals. Accessibility is another strong point of this site; it lies within a short distance from key destinations such as Newquay Airport (7 miles), Truro (14 miles), Padstow (16 miles), Trevose Golf Club (17 miles), and Constantine Bay (17 miles). This strategic positioning not only adds value to the property but also promotes its attractiveness for future occupants or guests. In summary, this property offers compelling renovation and investment potential in an enviable coastal setting, making it an ideal canvas for visionary developers or investors looking to capitalize on the area's growing demand for quality housing options.

Investment Analysis

(TR7 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,500,000
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

Trevelgue Road, Newquay, Cornwall, TR7
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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
£6,594
Based on a loan of £1,350,000 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