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7 New Road

South West

£375,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Plot
Area
1276 sqft

Description

This spacious detached house, set on a generous corner plot of approximately 0.221 acres, presents an exciting opportunity for renovation or redevelopment in the heart of New Road. Once a cherished family home, the property is ready for a new owner to infuse modern updates and personal touches, particularly given its potential for expansion subject to planning permissions. Situated at an elevated position with distant views towards Tintagel Head, this home offers character and charm along with ample space for enhancement. The layout comprises an entrance hall, a sizable open plan kitchen and dining area with outdoor access, a separate sitting room featuring a wood burner, a utility room, and a WC on the ground floor. The first floor accommodates three double bedrooms alongside a bathroom and additional WC, providing flexibility for comfortable living. Externally, the property benefits from driveway parking leading to a private rear courtyard, which includes access to both a double garage and separate workshop—ideal for those looking to develop hobbies or additional storage. Port Isaac is known not only for its picturesque coastline but also as a vibrant holiday destination offering an array of dining options within walking distance. With further amenities available in the nearby market town of Wadebridge, this location combines convenience with scenic beauty. This property is well-positioned for those seeking investment opportunities in this desirable area of Cornwall.

Investment Analysis

(PL29 area)

Below Market Value

This property is priced -42.9% below area average per sq ft

-42.9%
Potential saving
This Property
£294/sq ft
Area Average
£515/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£722,573
10% above area average per sq ft
Potential ROI
+55.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL29)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on PL29 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

7 New Road
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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
£1,338
Based on a loan of £281,250 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

This calculation uses non-residential (land/commercial) tax rates.

Price History

-16.7% since listed
£375,000£75,000(-16.7%)
18/11/2025
Current price
£450,000Initial listing
03/10/2025

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