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St Minver, PL27

South West

£1,550,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
5634 sqft

Description

This property presents a unique opportunity to invest in approximately 1.25 acres of land near Polzeath, featuring a detached three-bedroom farmhouse alongside three versatile outbuildings. While the farmhouse has been recently updated to integrate modern living with traditional charm, it still offers considerable potential for further enhancement. The spacious open-plan layout is ideal for entertaining and provides direct access to the garden, while the upper floor boasts stunning views towards Polzeath and the sea. With planning permission already granted to expand the farmhouse into a four-bedroom residence, including a new en-suite principal suite and additional living spaces, this property is ripe for those looking to realize its full potential. The outbuildings also come with approved plans: a large steel barn that can be transformed into two separate homes, plus a stone barn ready for conversion into a three-bedroom dwelling. The grounds feature gently sloping lawns surrounded by mature vegetation, offering privacy and tranquility. Accessed via a private driveway with ample parking available, this tranquil setting allows for outdoor leisure activities while being conveniently close to local amenities and coastal attractions. This property not only serves as a comfortable home but also as an investment opportunity with multiple avenues for development.

Investment Analysis

(PL27 area)

Below Market Value

This property is priced -27.3% below area average per sq ft

-27.3%
Potential saving
This Property
£275/sq ft
Area Average
£378/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£2,345,406
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PL27)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -9.9%
5 year growth: -1.8%
Investment Disclaimer: Analysis based on PL27 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

St Minver, PL27
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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
£5,530
Based on a loan of £1,162,500 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

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