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St. Tudy, Bodmin, Cornwall, PL30

South West

£250,000
Listed on 29/06/2024

Property Details

Bedrooms
2
Type
Semi-detached house
Area
882 sqft

Description

Nestled in the charming village of St Tudy, this property offers a unique blend of traditional character and the potential for modern transformation. Its prime location provides easy access to the nearby town of Wadebridge and the stunning North Cornwall coastline, complemented by the iconic Camel Trail which is perfect for cycling, walking, or simply exploring the scenic surroundings. Upon entering, you are greeted by a sitting room that showcases original slate flagstones, an inviting feature fireplace complete with clome oven and multi-fuel burner, along with exposed beams that add distinct charm. This space flows seamlessly into a naturally lit kitchen that presents an excellent opportunity for renovation tailored to your preferences, allowing you to create a culinary area that meets your lifestyle needs. Adjacent to the sitting room is a cozy dining room, also featuring slate flooring, which adds warmth and character. The layout of the home includes a hallway leading to a bathroom equipped with a separate shower unit. Upstairs, two spacious bedrooms offer eaves storage and built-in furnishings, providing comfort and ample space for rest. Outside, you'll find paved parking at the front along with an enclosed courtyard garden accessible via a side gate—ideal for outdoor gatherings or personal gardening projects. The property benefits from electric heating, private drainage, and mains water connections. For those considering investment opportunities or looking to establish their own vision through renovation, this property holds significant potential due to its location and inherent character. Additionally, prospective buyers planning on using mortgage financing should consult their mortgage provider regarding properties with cob construction. This is more than just a home; it’s a project waiting for someone ready to embrace its potential in one of Cornwall’s most picturesque settings.

Investment Analysis

(PL30 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£283/sq ft
Area Average
£336/sq ft
Avg Rent (weekly)
£253
Avg Yield
2.6%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£325,648
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
Monthly Sales
6
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL30)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 7.6%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on PL30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

St. Tudy, Bodmin, Cornwall, PL30
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