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Parkenbutts, Newquay

South West

£230,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1621 sqft

Description

This unique opportunity presents a fully permitted plot ready for the construction of a modern detached four-bedroom residence. Situated in the picturesque village of St Columb Minor, this site offers not only a prime location close to schools, parks, and the stunning Porth Beach but also breathtaking countryside views from its planned gardens. With full planning consent already granted (application number PA24/09697), including detailed architectural designs and support documents like building control approvals and structural engineer plans, this project is almost set to go. The design emphasizes eco-friendly living, featuring elements such as solar panels while covering over 114m2 of well-laid internal space alongside an integral garage and off-street parking. The cleared condition of the site allows for immediate development, making it an attractive investment for developers or those eager to embark on a self-build journey. This type of plot is rarely available in Newquay, making timely interest essential for potential buyers looking to create their dream home or secure a valuable long-term asset.

Investment Analysis

(TR7 area)

Below Market Value

This property is priced -60.6% below area average per sq ft

-60.6%
Potential saving
This Property
£142/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£642,005
10% above area average per sq ft
Potential ROI
+10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR7)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -9.5%
5 year growth: +13.0%
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

Parkenbutts, Newquay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 over 30 years at 4.06% 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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