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Chywoone Hill, Newlyn, TR18 - Image 1
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Chywoone Hill, Newlyn, TR18

South West

£295,000
Listed on 27/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This coastal development site presents a rare opportunity in the desirable harbour town of Newlyn. Nestled on Chywoone Hill, the property comes with granted planning permission for a modern replacement dwelling that harmonizes with the site's natural slope and stunning surroundings. Designed by Apex Architecture, the proposed three-level home features an expansive open-plan kitchen, dining, and living area alongside multiple bedrooms and additional versatile spaces that maximize views and layout efficiency. Off-road parking and landscaped garden areas will enhance the property’s appeal once completed. The design thoughtfully merges traditional materials such as natural slate roofing and cladding with contemporary features to create a striking coastal residence. With Cornwall Council having discharged key planning conditions related to materials and parking arrangements, this is an excellent project for self-builders or developers looking to create a bespoke home in one of West Cornwall's most sought-after locales. As opportunities for new homes in Newlyn become increasingly scarce, this project not only promises aesthetic value but also significant investment potential given its prime location and thoughtful architectural design.

Investment Analysis

(TR18 area)
Area Average
£315/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR18)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.1%
5 year growth: +18.6%
Investment Disclaimer: Analysis based on TR18 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

Chywoone Hill, Newlyn, TR18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,052
Based on a loan of £221,250 over 30 years at 3.97% 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

This calculation uses non-residential (land/commercial) tax rates.

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