3-bedroom detached house · TR12 6TA
Listing removedReduced £100k (−12.5%) on 20 JunListed 515 days
Opportunity summary
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About
An exciting opportunity to renovate A property set within A very generous plot, situated in the highly sought after location of coverack’s front line comanding impressive views over the ocean.
There is so much potential with this property and the gardens and grounds it sits within.
Description Perched above the picturesque bay, Pras an Mor offers a rare opportunity to acquire a property in a prime coastal location with breathtaking sea views.
The ground floor features a spacious sitting room, where expansive windows frame uninterrupted ocean views, creating a serene and light-filled living space.
At the rear, the kitchen and dining area seamlessly connect to a conservatory, perfect for enjoying morning coffee or evening sunsets.
An adjoining large integral garage provides ample storage or potential for conversion. A well-appointed bedroom with an en-suite bathroom completes the ground floor, offering convenience and privacy.
Upstairs, you'll find a generously sized bedroom, a family bathroom, and a versatile space ideal for a snug, study, or additional guest accommodation.
With its exceptional location and stunning views, Pras an Mor presents an exciting renovation opportunity to create a bespoke coastal retreat.
Gardens & Grounds Set within an exceptionally large plot, Pras an Mor boasts expansive gardens that provide a serene and private outdoor retreat.
The property is positioned at the forefront of the plot, allowing the rear gardens to unfold behind, accessible via steps leading from the rear patio.
These gardens offer a blank canvas for landscaping, gardening, or creating additional outdoor living spaces.
Complementing the main residence are several outbuildings, presenting opportunities for storage, workshops, or potential conversion, subject to the necessary permissions.
The Location Pras an Mor enjoys a privileged position on Chymbloth Way, nestled within the picturesque fishing village of Coverack on Cornwall's Lizard Peninsula.
This tranquil setting offers panoramic views over Coverack Bay and the open sea, providing a serene backdrop for coastal living.
Coverack is renowned for its traditional charm, featuring a historic harbour, thatched cottages, and a sheltered beach ideal for swimming and water sports.
The village boasts a vibrant community with amenities including a local pub, cafes, and shops, all within walking distance.
Additionally, the Southwest Coast Path runs through Coverack, offering scenic walks along Cornwall's dramatic coastline.
With its combination of natural beauty and community spirit, Coverack presents an idyllic location for those seeking a peaceful coastal lifestyle.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Pras An Mor,, Chymbloth Way, Cornwall
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