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Rice Lane, Gorran Haven, St. Austell - Image 1
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Rice Lane, Gorran Haven, St. Austell

South West

£550,000

Listed on 19/09/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
1459 sqft

Description

This fine detached bungalow offers a unique opportunity for potential buyers, featuring three to four bedrooms and stunning views over Gorran Haven towards the sea. The property is set in a desirable location, surrounded by well-maintained gardens, complete with a charming pond and a double garage. Inside, the spacious layout includes a welcoming reception hall leading to a well-proportioned living room with an open fireplace and large windows that frame the coastal views. The kitchen is equipped with modern appliances and ample storage, while the dining room can serve as a fourth bedroom if needed. The accommodation also features a bathroom and two additional shower rooms, enhancing convenience for families or guests. The versatile layout allows for the possibility of creating a self-contained annexe, subject to necessary consents. The surrounding area is rich in natural beauty, with scenic coastal paths and local amenities within easy reach. This property represents a fantastic investment opportunity in a sought-after coastal village.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

32out of 100
Grade ELow opportunity

Confidence: LOW

This detached bungalow offers stunning coastal views and a well-maintained interior, making it an appealing opportunity for those looking to invest in a property that could benefit from some minor updates. With spacious living areas and versatile spaces, you have the potential to create a self-contained annexe or simply enjoy the comfortable accommodation as is.

However, the asking price of £550,000 translates to £377/sqf, which is significantly above the local average of £291/sqf, making this listing appear dearer than comparable properties in the area. While the fundamentals and location are strong, the price does raise concerns about overall value. As with any property, careful consideration is advisable, particularly in light of the renovation economics being unclear. The guide price could attract higher bids, so interested parties should be prepared for potential competition.

Key opportunities

  • Stunning coastal views from the property
  • Versatile living spaces with potential for an annexe
  • Well-maintained gardens enhancing the outdoor experience

Key risks

  • Asking price is significantly above local £/sqf, indicating poor value opportunity
  • Renovation economics are unclear, limiting insight into overall investment potential

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Map

Location

Rice Lane, Gorran Haven, St. Austell
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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