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Crafthole, Near Portwrinkle Beach

South West

£160,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
622 sqft

Description

This charming end-of-terrace cottage offers significant renovation potential and is ideally located within the desirable village of Crafthole, just a short distance from the stunning coastline of Whitsand Bay. The property spans approximately 622 sq ft and features a traditional layout that includes a 14' sitting room with an original fireplace, a spacious 14' kitchen/dining area complete with an old Rayburn, and a convenient laundry room with an adjoining WC. Upstairs, you will find two bedrooms that can be transformed into comfortable retreats. The cottage is set on a long, south-facing rear garden that currently awaits cultivation. This outdoor space has great potential for those with a green thumb, providing ample room for establishing flower beds or even a kitchen garden. While there is a right of way over the garden steps for one neighbor, this should not detract from the potential enjoyment and utilization of the space by new owners. It's worth noting that there was previously a minor issue with Japanese Knotweed, but it has been treated and monitored to ensure it does not reappear. Crafthole is nestled in an unspoiled coastal area known for its natural beauty, offering residents access to tranquil beaches and scenic walking paths along the South West Coastal Path, only about 800 meters from the property. The local community benefits from essential amenities such as a grocery store and social hall while being close to the historic nearby villages of Kingsand and Cawsand. For families, Crafthole lies within the catchment areas for well-regarded primary schools and grammar schools in Plymouth. Beyond its local charm, this property also presents considerable investment opportunities. With its proximity to picturesque beaches renowned for water sports like surfing and kayaking—as well as being part of an Area of Outstanding Natural Beauty—this cottage could become either a delightful family home or a lucrative rental property catering to holidaymakers seeking a peaceful coastal getaway. For commuting needs, Saltash provides easy access to deep-water moorings along the River Tamar alongside shopping facilities including Waitrose. Just nine miles away is Plymouth, offering additional urban conveniences like shopping centers and cultural experiences, alongside excellent transport links via mainline rail services from nearby St. Germans. This cottage represents not just an opportunity for renovation but also the chance to immerse oneself in one of Cornwall's lesser-known yet captivating regions.

Investment Analysis

(PL11 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£257/sq ft
Area Average
£304/sq ft

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Target Value
£207,963
10% above area average per sq ft
Potential ROI
+4.0%
After renovation
Monthly Sales
8
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PL11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 2.1%
5 year growth: 32.8%
Investment Disclaimer: Analysis based on PL11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Crafthole, Near Portwrinkle Beach
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