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Penmere Drive, Newquay TR7 - Image 1
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Penmere Drive, Newquay TR7

South West

£835,000
Listed on 27/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1839 sqft

Description

This spacious detached family residence is set on a generous plot in the desirable Pentire neighbourhood of Newquay, offering stunning views over Penpol Creek and the River Gannel tidal estuary. The property presents a unique opportunity for investors or homeowners seeking to create their ideal coastal retreat. Boasting a dual-aspect lounge with direct access to a conservatory that captures picturesque vistas, this home provides ample living space across two floors. The ground level features an entrance hall, cloakroom, kitchen, utility room, dining room, and a detached double garage. Upstairs, there are three sizeable double bedrooms alongside a single bedroom and a family bathroom; the principal bedroom includes an en-suite shower room with elevated views. Set in well-maintained gardens with mature landscaping that enhances privacy, the property also offers off-road parking. With planning permission for substantial renovations already approved (Planning Application: PA24/07160), there is significant potential to transform this house into a modern family home tailored to maximize its scenic surroundings. Located just steps from the River Gannel and close to iconic surf destinations like Fistral Beach, this property not only benefits from its location but also from its potential for expansion or redevelopment.

Investment Analysis

(TR7 area)

Above Market Value

This property is priced +25.7% above area average per sq ft

+25.7%
This Property
£454/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£730,773
10% above area average per sq ft
Potential ROI
-21.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR7)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -9.4%
5 year growth: 20.7%
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

Penmere Drive, Newquay TR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,059
Based on a loan of £626,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE