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Bungalow With Potential, Coverack TR12

South West

£420,000
Listed on 24/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled on the outskirts of the charming fishing village of Coverack, this two-bedroom detached bungalow presents a compelling opportunity for renovation and investment. Situated on a generous corner plot, the property offers significant potential for updating, expanding, or even redeveloping—subject to obtaining the necessary permissions. The existing layout features light-filled rooms that create a welcoming atmosphere, though it requires modernization. The detached nature of the home provides added privacy, while its semi-rural setting strikes a balance between tranquility and accessibility to nearby coastal attractions and village conveniences. Coverack is known for its picturesque environment, situated in a sheltered cove on the eastern side of the Lizard Peninsula. Here, residents can enjoy activities such as swimming, kayaking, and paddleboarding at the crescent-shaped beach with crystal-clear waters. The village itself boasts a traditional fishing harbor with working boats that contribute to its vibrant local culture. Residents can take advantage of local amenities, including cafes, restaurants, shops, and a primary school—all within easy reach. The property also includes practical features such as driveway parking for one to two cars and a garage with an up-and-over door. The surrounding garden space is noteworthy; it offers ample room that could be utilized creatively with proper permissions in place. This property represents an exceptional opportunity to reimagine your ideal home or investment in an increasingly sought-after location. Early viewings are encouraged to fully appreciate its potential and possibilities.

Investment Analysis

(TR12 area)
Area Average
£376/sq ft

Renovation Potential

Est. Renovation Cost
£42,000 - £105,000
10-25% of property value
Monthly Sales
7
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TR12)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -14.1%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on TR12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Bungalow With Potential, Coverack TR12
Map showing location of Bungalow With Potential, Coverack TR12
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