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St Ervan, Wadebridge

South West

£325,000

Listed on 30/06/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1210 sqft

Description

This three-bedroom detached bungalow presents a unique opportunity for cash buyers looking to invest in a property with potential. Nestled in a tranquil rural locale, just a short distance from the stunning North Cornish coastline, Mor-Vue offers a well-designed single-storey layout that can be adapted to suit modern living needs. The home features an entrance porch leading into a central hallway that connects to all living spaces. The bright living room overlooks the front garden, creating a welcoming atmosphere, while the functional kitchen opens up to a conservatory/dining area, ideal for enjoying views of the expansive rear garden and surrounding fields. The property comprises three bedrooms, including two spacious doubles that can accommodate family life or serve as guest rooms and home offices. A family bathroom completes the internal layout. There is significant renovation potential with opportunities for extension or even adding an upper level (subject to planning permission) to increase living space. Externally, this bungalow benefits from an attached car port with additional storage and private gardens both at the front and back. The front lawn is flat and well-maintained, while the rear offers scenic views of open farmland, enhancing its appeal. Additional storage is provided by a shed and there’s also an office/store featuring a timber deck area. The property's woolaway construction means it is suitable only for cash buyers. Mains electricity and water are connected while drainage is via a private system; however, these services have not been verified so interested parties should conduct their own investigations. Located approximately five miles south of Padstow, known for its gastronomic delights and charming waterfront, this property enjoys easy access to local amenities found in St Eval as well as those in nearby towns like Wadebridge. With recreational options such as Trevose Golf Club and Porthcothan Bay beach within five miles, this location strikes a fine balance between rural tranquillity and community convenience.

Investment Analysis

(PL27 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£269/sq ft
Area Average
£380/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£505,980
10% above area average per sq ft
Potential ROI
+34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PL27)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -8.2%
5 year growth: -0.6%
Investment Disclaimer: Analysis based on PL27 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

St Ervan, Wadebridge
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

+18.2% since listed
£325,000+£50,000(+18.2%)
04/06/2026
Current price
£275,000Initial listing
01/01/2026

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