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Cheviot Road, Newquay

South West

£170,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
851 sqft

Description

This three-bedroom semi-detached home, nestled in a quiet area of Newquay, offers significant renovation potential for those looking to customize a property to their tastes. With its generous layout and spacious rooms, this home is perfect for first-time buyers, seasoned renovators, or investors aiming to enhance their portfolio. Currently requiring cosmetic upgrades throughout, the property's Cornish Unit construction means it will attract cash buyers only but opens up an opportunity to create significant added value through modernisation. The living space includes a bright entrance hallway leading into a comfortable living room and a well-sized kitchen/dining area that opens out onto a sizable enclosed garden—ideal for outdoor activities or family gatherings. The first floor features three ample bedrooms that can easily accommodate various needs, alongside a functional family bathroom. With anticipated rental income around £1,100 per month, this property presents an attractive yield for investors while being strategically located near local amenities and Newquay’s famous beaches.

Investment analysis

(TR7 area)

Below Market Value

This property is priced -43.7% below area average per sq ft

-43.7%
Potential saving
This Property
£200/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£332,362
10% above area average per sq ft
Potential ROI
+70.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR7)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on TR7 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

Cheviot Road, 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
£642
Based on a loan of £127,500 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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