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Tresean, Cubert, Newquay

South West

£600,000
Listed on 27/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2766 sqft

Description

This is an intriguing opportunity to acquire a generous residential plot that comes with approved Planning Permission in Principle for the construction of two detached houses. The existing five-bedroom chalet bungalow, previously operated as a bed and breakfast, offers spacious accommodation over two levels but requires extensive modernization to meet contemporary standards. This property presents immediate potential for renovation enthusiasts, while the approved plans provide a compelling avenue for developers aiming to create bespoke homes tailored to today's market demands. Set within peaceful surroundings characterized by mature woodland and a charming stream, this location benefits from its tranquil rural setting yet remains easily accessible to local amenities and stunning beaches. The expansive gardens surrounding the property offer excellent scope for landscaping or outdoor living enhancements, further elevating any future development. A private driveway ensures ample parking space alongside existing features such as solar panels and an EV charging point. The current structure holds significant value as it stands on previously developed land within a vibrant area that has seen recent upscale residential growth. With thoughtful investment, the site could transform into high-quality residences that capitalize on its enviable location near North Cornwall's coastline. This property invites buyers with vision — whether aiming to modernize the existing dwelling or pursue new builds, the options here are plentiful.

Investment Analysis

(TR8 area)

Below Market Value

This property is priced -41.0% below area average per sq ft

-41.0%
Potential saving
This Property
£217/sq ft
Area Average
£368/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,118,612
10% above area average per sq ft
Potential ROI
+55.4%
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
16%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by -9.7% over the last 12 months
3 year growth: -15.8%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on TR8 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

Tresean, Cubert, 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
£2,164
Based on a loan of £450,000 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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