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Bungalow with potential, Coverack

South West

£410,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled on the edge of the charming fishing village of Coverack, this two-bedroom detached bungalow is poised for transformation. The property occupies a generous corner plot, offering ample opportunity for renovation, extension, or even potential redevelopment, subject to necessary permissions. Its layout currently consists of light-filled rooms that await modernization, presenting an exciting blank canvas for those with creative vision. Set in a semi-rural area, the bungalow benefits from a peaceful atmosphere while still maintaining convenient access to both the coastline and local amenities. The surrounding landscape enhances the property's appeal, making it a suitable candidate for a primary residence, seasonal getaway, or rental investment. The existing accommodation includes essential living spaces such as a living room and kitchen, alongside two bedrooms and a bathroom that could all benefit from updating. A rear porch provides additional utility, while outside, the expansive lawn area surrounds the property and offers further development possibilities—an enticing prospect for buyers looking to capitalize on the space. Coverack itself is renowned for its picturesque beaches and vibrant local culture. The village's traditional fishing harbor not only enriches its character but also supports an active community with daily catches from local fishermen. Nearby establishments offer dining options ranging from casual fish and chips to more refined fare at local restaurants. With driveway parking accommodating one to two vehicles and a garage providing extra storage or workshop potential, this bungalow truly caters to practical needs. Given its size and location advantages combined with scope for enhancement, this property represents a rare opportunity to create something remarkable in a desirable Cornish setting. Prospective buyers are encouraged to view early to appreciate all that this property has to offer.

Investment Analysis

(TR12 area)
Area Average
£346/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -19.3%
5 year growth: 6.9%
Investment Disclaimer: Analysis based on TR12 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

Bungalow with potential, Coverack
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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
£1,502
Based on a loan of £307,500 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