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Porthcothan Bay, Padstow, Cornwall, PL28

South West

£650,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2818 sqft

Description

Located in the charming coastal village of Porthcothan, this substantial five-bedroom detached residence offers an excellent opportunity for renovation and investment. Set on a generous plot of approximately half an acre, the property not only boasts privacy and space but also significant potential for reconfiguration or development, pending planning approval. With around 2,200 sq ft spread over two levels, the home features well-sized rooms that capture both sea and countryside vistas. The ground floor includes a welcoming hallway leading to a separate kitchen, a large living and dining area, and a sunroom that showcases stunning views of the surrounding landscape. Additionally, there is a flexible reception room, utility space, ground-floor bathroom, and ample storage. The first floor consists of five double bedrooms, one with an en-suite bathroom, alongside a family bathroom. The central landing is brightened by elevated windows providing glimpses of the coastline. While the property requires modernisation throughout, it represents an incredible chance to tailor a home suited to your specific lifestyle needs. Positioned in an elevated part of the village and just minutes away from the beach, Carncothan's plot is divided into two sections which opens up various possibilities such as: - Constructing a second dwelling (subject to planning) - Expanding the existing home - Creating beautifully landscaped gardens or outdoor entertainment areas. Additional features include: - A detached outbuilding (approximately 570 sq ft) currently serving as a garage and storage; this adaptable space could be transformed into a studio, home office, gym, annexe or guest accommodation (subject to planning). - Two distinct entrances offering flexibility for living arrangements or subdivision. - A private driveway with ample parking enhancing convenience. - Level grounds ideal for adding amenities like a pool or garden room while enjoying expansive outdoor space. Properties like this with such potential rarely become available in Porthcothan. This is truly an opportunity to create your vision—whether as a dream family residence, serene coastal retreat, or multifunctional space.

Investment Analysis

(PL28 area)

Below Market Value

This property is priced -57.5% below area average per sq ft

-57.5%
Potential saving
This Property
£231/sq ft
Area Average
£543/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,684,121
10% above area average per sq ft
Potential ROI
+130.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL28)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -15.7%
5 year growth: -12.2%
Investment Disclaimer: Analysis based on PL28 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

Porthcothan Bay, Padstow, Cornwall, PL28
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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
£2,344
Based on a loan of £487,500 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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