Worst House on the Street Logo
Gorse Close, Newquay - Image 1
Gorse Close, Newquay - Image 2
Gorse Close, Newquay - Image 3
Gorse Close, Newquay - Image 4
Gorse Close, Newquay - Image 5
Gorse Close, Newquay - Image 6
Gorse Close, Newquay - Image 7
Gorse Close, Newquay - Image 8
Gorse Close, Newquay - Image 9
Gorse Close, Newquay - Image 10
Gorse Close, Newquay - Image 11

Gorse Close, Newquay

South West

£279,950
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
826 sqft

Description

This semi-detached bungalow features two bedrooms, a driveway for convenient parking, and a garage, all set within a compact private garden. While the property is currently in need of modernization, it presents a significant opportunity for investment or personal enhancement. Potential buyers can envision transforming this space into a comfortable home by updating its interiors and exterior to align with modern standards.

Investment Analysis

(TR7 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£339/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£328,232
10% above area average per sq ft
Potential ROI
+5.9%
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

Gorse Close, Newquay
Loading map...
Open Map

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £209,962 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Similar Properties

View property at Coulsons Place, Penzance TR18

Coulsons Place, Penzance TR18

£250,000
South West
View property at Treloggan Road, Newquay TR7

Treloggan Road, Newquay TR7

£325,000
South West
View property at Trevarth Road, Carharrack, Redruth TR16

Trevarth Road, Carharrack, Redruth TR16

£269,950
South West
View property at Alexandra Place, St. Ives

Alexandra Place, St. Ives

£295,000
South West
View property at Main Road, Crowlas, Penzance, TR20

Main Road, Crowlas, Penzance, TR20

£247,500
South West