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Chynance Drive, Newquay

South West

£315,000
Listed on 20/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
862 sqft

Description

This semi-detached house presents a compelling opportunity for renovation in a sought-after area of Newquay. Featuring an entrance porch that leads into a generous hallway, the property includes a spacious lounge/diner, a kitchen, and a convenient ground-floor WC. Upstairs, you'll find three well-proportioned bedrooms that can comfortably fit double beds, along with a family bathroom. The rear garden is notably large and currently overgrown, but offers significant potential to be transformed into an attractive outdoor space or landscaped garden. With gas central heating and double glazing already in place, you can focus your investment on modernising the interiors and enhancing the exterior. Located just a short stroll from local amenities, Fistral Beach, and the Gannel Estuary, this property is perfectly positioned within a revitalising residential area where many homes are being upgraded into spacious family residences.

Investment Analysis

(TR7 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£365/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£342,537
10% above area average per sq ft
Potential ROI
-3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR7)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -9.4%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on TR7 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

Chynance Drive, Newquay
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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
£1,154
Based on a loan of £236,250 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