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Black Cross, Newquay

South West

£475,000

Listed on 30/05/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1578 sqft

Description

This three-bedroom detached bungalow is set on a generous plot of approximately 1.3 acres, located in a secluded area at the edge of Black Cross. The property benefits from well-established gardens that include a variety of mature trees and shrubs, as well as a vegetable garden and multiple greenhouses, making it ideal for gardening enthusiasts. The accommodation features spacious living areas such as a sitting room with patio doors leading to the garden, a dining room, and a kitchen/breakfast room equipped with an Aga. Additionally, there's potential for expansion or development at the rear of the property, as outline planning permission has already been granted for two detached bungalows with independent access from the main road. This investment opportunity allows for creating additional dwellings while enjoying the expansive outdoor space that surrounds this charming home. Located conveniently close to local amenities and major transport routes, this property holds significant potential for both renovation and future development.

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Investment analysis

(TR8 area)

Below Market Value

This property is priced -18.8% below area average per sq ft

-18.8%
Potential saving
This Property
£301/sq ft
Area Average
£371/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£643,374
10% above area average per sq ft
Potential ROI
+13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -11.7%
5 year growth: +4.8%
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

Black Cross, Newquay
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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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