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St Mawgan, TR8

South West

£2,750,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Detached

Description

Tolcarne Merock is a Georgian Grade II listed farmhouse featuring three spacious bedrooms, poised for restoration and modernization. This property, arranged over two levels, presents a prime opportunity for investment, especially with the attached storeroom offering potential for further development or extension pending necessary planning approvals. Dating back to the early 19th century, the farmhouse is surrounded by charming stone barns and agricultural structures within an expansive rural setting that spans approximately 167 acres, including productive pasture and arable land. The symmetrical east-facing facade showcases classic 16-pane sash windows amidst an elegant walled garden, providing a canvas for potential landscape enhancements. The property's listed status encompasses both the farmhouse and its surrounding walls, ensuring historical integrity while allowing scope for thoughtful renovations. Located in a desirable spot near the North Cornish coast at St Mawgan, Tolcarne Merock is not just a tranquil retreat but also offers proximity to sandy beaches and easy access to local amenities and transport links. The large outbuildings create additional possibilities for various uses, enhancing the value of this property. With excellent access to natural features like woodland and wetland areas alongside existing diversification income from aviation lights and a telecommunications mast, this property stands out as an unspoilt gem ready for transformation into a modern country residence or investment opportunity.

Investment Analysis

(TR8 area)
Area Average
£363/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -12.8%
5 year growth: +12.0%
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

St Mawgan, TR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£9,740
Based on a loan of £2,062,500 over 30 years at 3.91% 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

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