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Trerice Drive, Newquay

South West

£295,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
832 sqft

Description

This detached two-bedroom bungalow is situated on a desirable residential road, known for its peaceful ambiance while being conveniently close to Newquay’s town centre, local beaches, schools, and shops at the Chester Road complex. The property features a functional layout with an entrance hall, kitchen/diner, dual-aspect lounge, and two double bedrooms alongside a family shower room. Outside, the bungalow includes a single garage and driveway parking for two vehicles. The rear garden requires some attention but offers potential for landscaping or outdoor use. With full refurbishment needed throughout and available with vacant possession and no onward chain, this property presents an excellent opportunity for renovation enthusiasts or investors looking to capitalize on its prime location in the South West.

Investment Analysis

(TR7 area)

Below Market Value

This property is priced -1.6% below area average per sq ft

-1.6%
Potential saving
This Property
£355/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£329,747
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR7)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -10.5%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on TR7 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

Trerice Drive, 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
£1,064
Based on a loan of £221,250 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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