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Latchley, Gunnislake, PL18

South West

£1,250,000
Listed on 16/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
3752 sqft

Description

Thimble Hall is a historic country home situated on a hillside at the edge of Latchley, Gunnislake, within the scenic Tamar Valley National Landscapes. This property not only offers a charming residence but also features a well-performing wooden cabin that serves as a holiday rental, presenting an immediate income opportunity. The main house spans approximately 2,844 sq. ft., distributed over three levels, maintaining its traditional character while allowing for modern enhancements. The lower ground floor includes a spacious kitchen and dining area perfect for entertaining, complete with striking valley views and rustic elements such as exposed beams and granite window surrounds. This level is also equipped with essential facilities including a plant room and boot room. On the ground floor, the grand sitting room boasts high ceilings and large windows that flood the space with light, alongside two double bedrooms and a family shower room. An original church door adds unique character to this area. Upstairs, the first floor hosts a bedroom with a clawfoot bath in the bathroom as well as a master suite featuring an en-suite bathroom and built-in wardrobes – both rooms benefitting from magnificent valley vistas through large windows. The Lodge, situated in the grounds of Thimble Hall, is an inviting wooden cabin which currently operates as an independent holiday let due to its private entrance and picturesque setting. Additional benefits include several spacious outbuildings that offer significant potential for conversion - such as garages currently utilized for storage or recreation - providing opportunities for further development subject to planning permissions. Set within approximately 2 acres of land and available separately is an additional 5.5 acres featuring paddocks and woodland. The expansive outdoor areas offer possibilities for gardening or leisure activities amidst stunning natural scenery. With excellent transport links nearby and essential amenities in Gunnislake just minutes away, this property provides not just a beautiful home but also potential for renovation or investment to enhance its value in one of Cornwall's most desirable spots.

Investment Analysis

(PL18 area)

Above Market Value

This property is priced +20.2% above area average per sq ft

+20.2%
This Property
£333/sq ft
Area Average
£277/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,143,647
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (PL18)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -5.6%
5 year growth: +17.9%
Investment Disclaimer: Analysis based on PL18 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

Latchley, Gunnislake, PL18
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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
£4,508
Based on a loan of £937,500 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.

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