A shrewd couple is poised to make a multi-million-pound profit on a seaside property in Cornwall, having transformed a 1970s bungalow into a luxurious contemporary home. They purchased the original chalet bungalow in the popular surfing destination of Polzeath for £1.4 million in 2012 and are now selling the completed rebuild for £3.95 million.
From Bungalow to Bespoke Three-Storey Home
After acquiring the property overlooking the beach, the husband and wife secured permission to demolish the existing structure. This decision proved controversial with some locals at the time, who expressed concerns that replacing smaller family homes with larger properties could urbanise the coastal area.
Undeterred, they pressed ahead, completing work on a brand-new, three-storey property in 2018. The new build was designed specifically as a functional holiday home for their family, capitalising on the exceptional location just paces from the sand and the South West Coast Path.
A High-Specification Family Retreat
The southwest-facing house is designed to maximise its elevated position and panoramic views over Polzeath beach and Padstow Bay. The interior features a large open-plan living area on the ground floor, accompanied by a separate snug and study.
Accommodation is spread across five ensuite bedrooms, two of which feature balconies with those coveted sea vistas. Practicality meets luxury with a lower ground floor that houses a guest room, laundry, an underground garage, and a cleverly designed shower and games room setup perfect for returning from the beach.
The property can comfortably sleep up to 12 people, aided by a dedicated bunk room with four built-in beds for children. Modern touches include a fingerprint entry system, ideal for a holiday home to prevent keys from being lost on the beach.
"A Very Clever House" with Glorious Views
A spokesperson for the selling agents, John Bray, described the vendors' creation as "a very clever house; high-end design and spec dovetails seamlessly with down to earth practicality."
They emphasised the stunning position and the glorious views of the sea, Pentire Head, and the coastline. "It's an easy and beautiful house to live in," the spokesperson added, noting its appeal to those who regularly host large groups of guests.
The sale marks a significant financial return on the couple's original investment and vision, turning a dated bungalow into a cutting-edge, family-friendly architectural home moments from one of Cornwall's most desirable beaches.
