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Building Plot adjacent to Lowenva

South West

£1,200,000
Listed on 04/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a unique opportunity for renovation and investment, particularly with the granted planning permission for an unrestricted dwelling under reference PA19/09086. The current owner has already taken significant steps to secure this project by laying the foundations, offering a solid starting point for potential alterations to the design, subject to planning approval. The accommodation is spread across three levels, providing ample space and flexibility. On the ground floor, you’ll find an entrance hall leading to an open-plan living area that opens out onto a patio—ideal for indoor-outdoor living. This level also includes a double bedroom with en-suite facilities, a study, a pantry/utility room, and a plant room, along with an integrated garage. Moving to the first floor, there’s a sitting room complete with a fireplace and kitchenette, as well as access to a terrace that boasts picturesque countryside views. Here, you’ll also discover another double bedroom with en-suite facilities and two additional double bedrooms sharing an en-suite bathroom. A convenient W/C rounds out this floor's offerings. The second floor features the principal bedroom equipped with an en-suite and dressing area, plus its own private terrace. Additional outdoor spaces include a garden on the ground level and balconies at both the first and second floors, ensuring multiple vantage points from which to enjoy the surrounding scenery. Located just moments away from Porthilly Cove and Rock Beach—two of North Cornwall’s most desirable spots—this plot is perfectly positioned for those seeking outdoor leisure activities such as sailing, windsurfing, or coastal walks. Local amenities are within easy reach; The Mariners pub is nearby along with shops on Rock Road. Additionally, Padstow Harbour can be accessed quickly via ferry transport. This property is set up for essential services including mains water and drainage. Electricity connections are nearby, while heating options include air source heat pumps or ground source alternatives. With its prime location and substantial renovation potential, this property stands out as an attractive investment opportunity on the North Cornwall coast.

Investment Analysis

(PL27 area)
Area Average
£382/sq ft
Avg Rent (weekly)
£232
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Building Plot adjacent to Lowenva
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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
£4,396
Based on a loan of £900,000 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