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St. Austell Street, Summercourt, Newquay, Cornwall TR8

South West

£400,000

Listed on 23/06/2026

Property details

Bedrooms
4
Type
Bungalow
Area
2579 sqft

Description

This four-bedroom dormer bungalow offers a significant investment opportunity with its adaptable layout and spacious design. Located centrally in the well-regarded village of Summercourt, the property is set on a good-sized plot featuring a private driveway and a separate garage. Inside, the ground floor includes two bedrooms, a separate kitchen accompanied by an adjoining utility room, and both formal dining and reception rooms that provide views of the expansive rear garden. On the first floor, there are two additional bedrooms along with a dedicated study/office space, ideal for those needing workspace or extra storage. While the property is in need of comprehensive updating throughout, it presents a strong foundation for buyers looking to renovate and personalize their living space according to individual preferences. With its generous footprint and potential for enhancement, this home is perfect for anyone seeking a renovation project with long-term prospects. The village boasts excellent transport links and local amenities, including schools and shops, all while being conveniently located between Newquay and St Austell, ensuring easy access to beautiful beaches and countryside activities.

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Investment analysis

(TR8 area)

Below Market Value

This property is priced -58.2% below area average per sq ft

-58.2%
Potential saving
This Property
£155/sq ft
Area Average
£371/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,051,497
10% above area average per sq ft
Potential ROI
+114.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -11.7%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on TR8 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

St. Austell Street, Summercourt, Newquay, Cornwall TR8
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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
£1,511
Based on a loan of £300,000 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

Price History

-5.9% since listed
£400,000£25,000(-5.9%)
23/05/2026
Current price
£425,000Initial listing
20/03/2026

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