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Poundstock, Bude, Cornwall, EX23

South West

£350,000

Listed on 07/11/2025

Property details

Bedrooms
4
Type
Detached
Area
2090 sqft

Description

Nestled in spacious gardens and located in the semi-rural village of Poundstock, this four-bedroom detached home offers a significant renovation opportunity. Pridham Hill Cottage is ripe for transformation, making it an ideal project for buyers looking to infuse their personal touch into a character-rich residence. The interior space includes two sizable reception rooms adorned with original fireplaces, a kitchen, a utility area, and a conservatory, alongside practical facilities like a ground floor shower room and pantry. An intriguing aspect of the layout features dual staircases leading to separate bedroom areas, presenting possibilities for reconfiguration or multi-generational living arrangements. Outside, the property boasts expansive gardens with mature landscaping, enhancing outdoor appeal and leisure opportunities. Additionally, there’s a double garage paired with an adjoining workshop that holds considerable potential for conversion (subject to requisite permissions), coupled with ample off-road parking. Although the property necessitates comprehensive updates—including heating system modernization, electrical rewiring, and drainage improvements—this presents a rare chance to create a family home tailored to your design preferences in an accessible coastal area renowned for its scenic beauty and close proximity to Bude and the North Cornish coastline.

Investment analysis

(EX23 area)

Below Market Value

This property is priced -51.7% below area average per sq ft

-51.7%
Potential saving
This Property
£167/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£797,638
10% above area average per sq ft
Potential ROI
+81.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +4.3%
Investment Disclaimer: Analysis based on EX23 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

Poundstock, Bude, Cornwall, EX23
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-6.7% since listed
£350,000£25,000(-6.7%)
07/03/2026
Current price
£375,000Initial listing
09/11/2025

Next Steps

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