Gonvena Hill, Wadebridge, PL27
South West
£375,000
Listed on 03/09/2026
Listed on 03/09/2026
The listing
Property details
Bedrooms
4Type
DetachedFeatures
- Garage
- Garden
- Parking
Description
This large detached period home presents a unique opportunity for buyers looking to invest in a property with significant potential. Previously operated as two flats, the residence offers the possibility of conversion back into a spacious family home. The property features a generous layout, including four to five bedrooms, a double garage, and a driveway, all set within a desirable area of Wadebridge. The rear garden provides ample outdoor space, ideal for personalisation or further development. With its original charm and character, this home is situated in a vibrant market town known for its local amenities, including independent shops and eateries, as well as the scenic Camel Trail. This property is not just a home but a canvas for future enhancements and renovations.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
51out of 100
Grade DWeak opportunity
Confidence: LOW
This is a characterful period house with a distinctive value-add angle: it is currently arranged as two flats, and the listing sees potential to bring it back together as a substantial family home. The bay windows, fireplaces, cornicing and generous rooms give the project plenty to build on, while the two dated kitchens and bathrooms, worn floors and overgrown garden offer clear scope for improvement. The renovation range is £45,000–£85,000; the period façade and slate roof appear generally intact in the available views.
The score is 51/100, grade D: the project has appeal, but the overall opportunity is weaker rather than a clear value-led buy. Floor area is missing, so value versus local £/sqf cannot yet be judged. The listing’s conversion idea also needs feasibility checks before relying on a single-home layout.
Key opportunities
- Explore bringing the two-flat arrangement back into a substantial period family home, subject to verifying feasibility.
- Modernise the two dated kitchens and bathrooms, and renew worn or incomplete-looking flooring across several rooms.
- Clear and improve the overgrown rear garden while making use of the stated driveway, double garage and outbuildings.
Key risks
- The conversion from two flats to one home is a stated potential, not an established outcome; feasibility should be verified.
- The garage and outbuilding condition is uncertain.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,417
Based on a loan of £281,250 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.
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Stamp duty calculator
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Pricing
Price history
-6.2% since listed
£375,000£24,950(-6.2%)
30/09/2026£399,950Initial listing
04/09/2026Services
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