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Gustory Road, Crantock, Newquay

South West

£450,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1705 sqft

Description

This detached three-bedroom bungalow, constructed in the 1950s, presents an exceptional opportunity for buyers looking to invest in a property with considerable potential. Nestled on an elevated plot in one of Crantock's most sought-after residential streets, this home has been held by the same family since its inception. Its location offers a unique combination of privacy while being just a short stroll from the village centre, making it ideal for those seeking both tranquillity and convenience. The expansive front garden provides ample scope for extensions and additional parking options while still allowing space to enjoy late afternoon sun. The fully enclosed south-facing rear garden includes some block-built storage, enhancing its practicality. Spanning two floors, the accommodation leaves room for expansion above the garage, pending planning permission. The property benefits from recent upgrades, including extensive rewiring completed in 2023 and new double-glazed windows fitted in 2024. This home is available with vacant possession and no onward chain, making it an attractive prospect for renovation enthusiasts or those looking to create their dream home.

Investment Analysis

(TR8 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£264/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£321
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£683,620
10% above area average per sq ft
Potential ROI
+39.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -11.1%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on TR8 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

Gustory Road, Crantock, Newquay
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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
£1,605
Based on a loan of £337,500 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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