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Poundfield Lane, Stratton, Bude

South West

£475,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled in a tranquil lane of Stratton, Irstead House presents a remarkable opportunity for renovation enthusiasts and investors alike. This late-1950s architectural gem, once celebrated in an architectural magazine for its innovative design, is steeped in local history, having served as a doctor's surgery for the community. It has been held by the same family since its inception, highlighting its character and unique charm. Spanning approximately 0.38 acres, the property currently demands extensive modernization but offers substantial potential for transformation into a contemporary residence or multi-generational living space. The generous layout includes expansive ground-floor areas and large picture windows that accentuate its mid-century aesthetic—a perfect foundation for creative renovations. Additionally, with Outline Planning Permission granted for a separate dwelling on adjacent land (PA24/09843), future owners can explore development possibilities that could enhance value or cater to family needs. Surrounded by lush gardens and mature trees, this elevated property not only provides glimpses of Stratton’s historic church and valley but also offers ample outdoor space suitable for landscaping or further enhancements. Conveniently located near Bude's amenities and the breathtaking North Cornwall coastline, Irstead House is an investment opportunity laden with potential, awaiting a visionary owner ready to bring it back to life.

Investment Analysis

(EX23 area)
Area Average
£351/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.0%
5 year growth: 11.1%
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

Poundfield Lane, Stratton, Bude
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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
£1,740
Based on a loan of £356,250 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