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Gibson Way, Porthleven TR13 - Image 1
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Gibson Way, Porthleven TR13

South West

£360,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1002 sqft

Description

Located in the desirable residential area of Gibson Way, this three-bedroom end of terrace home in the charming fishing village of Porthleven presents notable renovation potential. While the property has received substantial upgrades, including modern central heating infrastructure, air source heat pump, and double glazing, there remains an opportunity for further enhancements to fully maximize its value. The open-plan kitchen/diner is a highlight, featuring contemporary fixtures and integrated appliances, but could benefit from personalization or modernization to elevate its appeal further. The ground floor offers a spacious layout with a hall, lounge, and utility room that could be reconfigured for improved functionality. On the first floor, the three bedrooms deliver pleasant views but may require updates to meet evolving standards of comfort. The rear garden is expansive and filled with mature vegetation, providing a lovely outdoor space that can be transformed into a stunning retreat or entertainment area. Additionally, the outbuildings at the rear include functional storage and utility spaces that could be converted or enhanced to offer more versatility. Porthleven is well-known for its vibrant community atmosphere and beautiful coastal scenery, making this property not only a comfortable family home but also an attractive investment for those looking to capitalize on future developments in the area.

Investment Analysis

(TR13 area)

Above Market Value

This property is priced +7.7% above area average per sq ft

+7.7%
This Property
£359/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£255
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£367,694
10% above area average per sq ft
Potential ROI
-8.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR13)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -5.8%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on TR13 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

Gibson Way, Porthleven TR13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,284
Based on a loan of £270,000 over 30 years at 3.97% 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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