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Coles Lane, Kingskerswell, TQ12

South West

£240,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

Located on a spacious corner plot in the desirable village of Kingskerswell, this Type 1 Cornish build presents a remarkable chance for buyers interested in modernising and enhancing a traditional family home. Originally constructed with a robust concrete frame and non-traditional panel infill, these properties offer solid foundations and generous layouts designed for longevity. Over the years, many have received various upgrades and repairs, making them potential long-term residences once suitable renovations are undertaken. It's advisable for prospective buyers to consult with their financial institutions regarding mortgage options, given their unique construction style. Internally, the property comprises three well-sized double bedrooms, all benefiting from an abundance of natural light. The ground floor features a sizable kitchen that holds great potential for transformation into a contemporary open-plan area (pending proper permissions). The ample lounge space is ideal for daily living and entertaining guests. Additional practicalities include a downstairs wet room that accommodates accessibility or multi-generational needs, paired with a separate WC for convenience. The property’s substantial outdoor area wraps around it, offering room for landscaping or potential extensions (subject to planning approval) as well as opportunities to create off-street parking. Though requiring extensive modernisation throughout, this home offers an incredible opportunity to update and personalise within a sought-after residential setting close to local amenities and transport links.

Investment Analysis

(TQ12 area)

Below Market Value

This property is priced -19.8% below area average per sq ft

-19.8%
Potential saving
This Property
£248/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £50,000
Target Value
£329,310
10% above area average per sq ft
Potential ROI
+13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (TQ12)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -1.9%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on TQ12 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

Coles Lane, Kingskerswell, TQ12
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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
£866
Based on a loan of £180,000 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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