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Gustory Road, Crantock, Newquay TR8

South West

£450,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1705 sqft

Description

This detached three-bedroom bungalow, built in the 1950s, is situated on a sought-after residential street in Crantock and presents a unique opportunity for investors or renovators. With vacant possession and no onward chain, this property has been owned by the same family since its construction, highlighting its appeal and potential for transformation. The elevated plot ensures privacy while being conveniently close to the village centre. The generous front garden not only offers an inviting entry but also holds promise for extension opportunities and additional parking while still allowing room for outdoor enjoyment during the latter hours of the day. To the rear, a fully enclosed south-facing garden comes complete with block-built storage, providing both utility and space for outdoor activities. Inside, the property spans two levels with scope to extend over the garage pending planning permission. Recent electrical rewiring completed in 2023 alongside new double-glazed windows installed in 2024 indicates that foundational improvements have already begun, setting the stage for further enhancements. This home is an excellent canvas for creative renovations that can harness its inherent strengths, making it an enticing investment in this vibrant village.

Investment Analysis

(TR8 area)

Below Market Value

This property is priced -28.3% below area average per sq ft

-28.3%
Potential saving
This Property
£264/sq ft
Area Average
£368/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£689,903
10% above area average per sq ft
Potential ROI
+39.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR8)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -10.9%
5 year growth: +7.9%
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

Gustory Road, Crantock, Newquay 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
£1,700
Based on a loan of £337,500 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.

Stamp Duty Calculator

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