Plain-looking bungalow goes up for sale for a hefty £1million price tag because it is hiding an amazing secret
- Boswergy, a four-bedroom bungalow near Perranuthnoe in Cornwall has been put on the market for £1 million
- Open to cash buyers only, the property has a simple interior but presents an incredible opportunity
- The bungalow boasts uninterrupted views of the Cornish coastline, including over to St Michael’s Mount
- While buyers can move in straight away, it is likely the plot will be redeveloped given its stunning location
£1 million upfront may seem like an eye-watering asking price for a humdrum 1930s bungalow with simple décor and a humble outdoor shed.
It is not the drab interiors bumping up the property’s market value, but rather its spectacular sea views, giving the house an undeniable competitive edge.
Perched on a clifftop above Perran Sands, the bungalow, called Boswergy, boasts far-reaching views over the Cornish coastline including the iconic St Michael’s Mount.
The four-bedroom home sits in a garden plot that is just over a quarter of an acre and is within walking distance from one of Cornwall’s most picturesque and sought after villages, Perranuthnoe.
Despite the price tag, the house will probably be demolished because it is the plot it sits on that is valuable as a prime coastal redevelopment spot.
An unassuming four-bedroom bungalow near Perranuthnoe in Cornwall has been put on the market for £1 million and is only available to cash buyers
The bungalow, called Boswergy, boasts uninterrupted coastal views including towards the iconic St Michael’s Mount
The property has a simple décor with two bathrooms, a sun room and a garden room as well as a sitting room and a kitchen
The plain-looking interiors are surpassed by the bungalow’s spectacular views over the south Cornish coastline and out over the sea
It is expected that buyers would be more interested in buying the property to redevelop the plot rather than inhabit the bungalow
The bungalow was built in 1938 and is ready for immediate occupation as a main or second home.
The house covers 1,521 square feet of accommodation with a kitchen, sitting room, garden room, sun room, conservatory, four bedrooms and a family bathroom.
But it is expected most interested buyers would be looking to redevelop the plot to create an incredible coastal home due to its position and views.
Boswergy is on a quiet unmade lane that heads down to the beach with access onto the National Trust-owned coastal path leading to St Michael’s Mount and Penzance.
Mark Bracey, a director at Lillicrap Chilcott, who are selling the house, said: ‘Boswergy has a very quintessentially Cornish outlook with the sea and crashing waves and a proper view of St Michael’s Mount, which is probably the most iconic structure in Cornwall.
‘You have this huge swathe of the peninsula and the beach below, it’s really quite a dramatic view.
‘The beach below is one of the real gems of south Cornwall – proper golden sands, really good surfing.
‘The fact you have a very nice, quiet spot but you can walk to the beach without crossing a single busy road is a very rare opportunity.
Boswergy is situated within walking distance of picturesque Cornish village Perranuthnoe, a village pub and the beach
Mark Bracey, from Lillicrap Chilcott who are selling the house, said: ‘You have this huge swathe of the peninsula and the beach below, it’s really quite a dramatic view’
The quiet unmade lane leads down to the beach with access onto the National Trust-owned coastal path to St Michael’s Mount and Penzance
The bungalow was built in 1938 and would be ready for buyers to move into, but the property is also a prime opportunity for redevelopment
Boswergy sits in a garden plot that is just over a quarter of an acre and has an outdoor shed and a conservatory
‘Cornwall had lots of buildings in the 20s, 30s and 40s that were built in incredible locations but with fairly ordinary houses.
‘The house is perfectly habitable, if someone wanted to buy it to live in now you could quite happily for the next 15 years but eventually someone is going to want to rebuild. Its potential is its main selling point.
‘The great thing with this one is you have those unobstructed and unobstructable views in a nice big plot. It would be perfect to create a new home, make the best use of the views, and have a £2m-plus house (subject to gaining necessary consents).
‘There are few places you can have that proximity to the beach that aren’t compromised in some way.’
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