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9 Tinners Way

South West

£695,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
745 sqft

Description

This detached bungalow presents a compelling opportunity for renovation or investment in the sought-after area of Polzeath. Set on a generous 0.138-acre plot, the property encompasses approximately 745.3 square feet and features a traditional layout that includes a sitting room, two double bedrooms, a shower room, and a kitchen with convenient access to the rear garden. The existing structure offers potential buyers the chance to modernize or expand, enhancing both the living space and overall value of the property within this desirable cul-de-sac. The accommodation is functional yet ripe for improvement. It consists of an entrance porch leading into a hallway, with the kitchen providing easy access to outdoor spaces. The sitting room features a fireplace, creating a cozy focal point while offering possibilities for more extensive renovations. Both bedrooms are generously sized, allowing flexibility in design and layout. Externally, the property benefits from a private driveway that leads to a single garage, along with front and rear gardens that offer ample green space for landscaping or outdoor living enhancements. The plot's size and location provide an excellent canvas for future development. Situated in Polzeath—an attractive village known for its stunning beach—this property is surrounded by recreational opportunities such as surfing and coastal walks. Nearby attractions include Daymer Bay and various water activities like sailing and windsurfing at Rock, as well as access to St Enodoc Golf Club’s two esteemed courses. The local dining scene is vibrant with options ranging from casual eateries to fine dining establishments in Padstow and Port Isaac. Everyday necessities are available nearby; however, residents can also explore the independent shops in Wadebridge for a broader selection. With easy ferry access to Padstow, this location not only serves as an ideal holiday retreat but also represents significant investment potential amidst ongoing regional interest. Whether you are looking to create your dream home or seeking an investment opportunity with promising returns, this property has much to offer.

Investment Analysis

(PL27 area)

Above Market Value

This property is priced +144.1% above area average per sq ft

+144.1%
This Property
£933/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£232
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£313,172
10% above area average per sq ft
Potential ROI
-58.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL27)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 1.8%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on PL27 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

9 Tinners Way
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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
£2,546
Based on a loan of £521,250 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