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Bungalow with potential, Coverack

South West

£410,000
Listed on 03/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

Located on the periphery of the charming fishing village of Coverack, this two-bedroom detached bungalow offers a promising canvas for renovation, expansion, or even potential redevelopment (contingent upon acquiring the necessary permissions). Set on a generous corner plot, the property has ample opportunity for enhancement, presenting a great chance for investors or those with creative vision, whether as a primary residence, holiday home, or rental investment. While the interior requires complete updating, it benefits from a detached configuration and bright living spaces within a tranquil semi-rural environment. The location combines seclusion with easy access to coastal attractions and local amenities. With its sizable grounds and capacity for improvement, this property stands out as a rare opportunity to craft a unique dwelling in a highly sought-after area. An early viewing is advisable to explore all that this property could become.

Investment Analysis

(TR12 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£320
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by +12.3% over the last 12 months
3 year growth: -18.3%
5 year growth: 6.4%
Investment Disclaimer: Analysis based on TR12 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

Bungalow with potential, Coverack
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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
£1,479
Based on a loan of £307,500 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.

Next Steps

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