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Lovering Dry, Charlestown

South West

£750,000
Listed on 04/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity to create a custom-designed home in the picturesque village of Charlestown, renowned for its rich history and stunning coastal views. Located just a short distance from the iconic harbour, beautiful beaches, and local cafés, this site offers both convenience and charm in a UNESCO World Heritage Site. The plot enjoys an elevated south-facing position, allowing for remarkable vistas that encompass the sea, surrounding countryside, and the village's historic Grade II listed chimney. With full planning permission already in place, aspiring builders can bring their vision to life with confidence. The approved design features a four-bedroom detached home inspired by classic Georgian architecture, effectively blending traditional elements with contemporary touches that respect the area’s heritage. Spanning approximately 230 square meters, the proposed layout includes reverse living spaces to take full advantage of the scenic outlook. The ground floor is designed to house four spacious en suite bedrooms for privacy and comfort. Upstairs, an open-plan living area is set to maximize natural light through large windows and incorporates kitchen, dining, and lounge spaces—a perfect setting for entertaining or relaxing while enjoying the views. Accessed via secure electric gates, this property comes with essential utilities already available on-site. Additional features will include an in-and-out driveway capable of accommodating multiple vehicles and beautifully landscaped gardens designed for outdoor enjoyment. Situated alongside The Nest development in Charlestown, this property is not only about building a home but also about investing in a burgeoning community that appreciates both its historical significance and breathtaking natural beauty. This represents a rare chance to carve out a personal sanctuary within one of Cornwall's most coveted locations while enhancing its architectural landscape with thoughtful design. For further details on planning permissions and construction guidelines, prospective buyers are encouraged to consult the Cornwall Council Planning Portal under reference PA24/04732.

Investment Analysis

(PL25 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on PL25 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

Lovering Dry, Charlestown
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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
£2,747
Based on a loan of £562,500 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