Gorse Close, Newquay

South West

£269,950

Listed on 26/11/2025

Property Details

Bedrooms

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 -9.3% below area average per sq ft

-9.3%

Potential saving

This Property

£327/sq ft

Area Average

£360/sq ft

Avg Rent (weekly)

£271

Avg Yield

4.0%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £30,000

Target Value

£327,369

10% above area average per sq ft

Potential ROI

+9.1%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

34%

Properties sold annually

Local Market Trend (TR7)

Area prices are falling by -4.1% over the last 12 months

3 year growth: -10.5%

5 year growth: +13.3%

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

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£974

Based on a loan of £202,462 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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Similar Properties

Gorse Close, Newquay

Property Details

Description

Investment Analysis

Below Market Value

Renovation Potential

Local Market Trend (TR7)

Location

Mortgage Calculator

Next Steps

Get help with this property

Next Steps

Get help with this property

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