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Perranwell Road, Goonhavern

South West

£399,950
Listed on 24/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1561 sqft

Description

This four-bedroom bungalow offers significant potential for renovation and investment in the desirable village of Goonhavern. Located within easy walking distance of local amenities—including shops, schools, and a post office—this property provides a convenient lifestyle for families or those looking to downsize. Upon entering, you'll find a spacious entrance porch that leads into a well-proportioned hall. The layout features two reception rooms, providing flexibility for various living arrangements. The dining room and living room are both light and airy, while the well-fitted kitchen offers possibilities for modern upgrades. The master suite is situated at the rear of the home, complete with patio doors that open directly to the garden, a dressing area, and an en-suite bathroom. Three additional bedrooms and a family bathroom complete the interior space. Externally, the bungalow is set on a generous plot with established front and rear gardens. The front garden features lawned areas that could be adapted to create more parking or turning space if desired. The low-maintenance rear garden includes paved sections accessible from both the living room and master bedroom—ideal for outdoor entertaining or private relaxation. Parking is facilitated by a driveway that accommodates two to three vehicles, with potential for further improvements or expansions based on your needs. The property benefits from double glazing and LPG central heating; however, it does offer some opportunity for modernization that could enhance both comfort and value over time. A Level 3 RICS Survey has been commissioned by the vendor and is available to interested parties, further supporting transparency in your investment decision. Situated just a short drive from nearby beaches, this bungalow not only caters to everyday conveniences but also presents an appealing prospect for those looking to personalize their living space in a vibrant community setting.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£256/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£254
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£39,995 - £99,988
10-25% of property value
Target Value
£618,414
10% above area average per sq ft
Potential ROI
+23.7%
After renovation
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -5.4%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on TR4 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

Perranwell Road, Goonhavern
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