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Carkeel, Cornwall PL12

South West

£650,000
Listed on 22/08/2025

Property Details

Bedrooms
3
Type
Detached house

Description

With stunning views across the River Tamar, this detached three-bedroom bungalow in the hamlet of Carkeel presents a unique opportunity for renovation and investment. Set on an expansive 3.25-acre plot, this property features a private driveway that leads to ample parking space, enhancing its appeal for potential buyers seeking both comfort and convenience. The interior offers generous living areas that are ripe for updates and personal touches. The spacious living room benefits from a large uPVC double-glazed window, framing those breathtaking views. A gas fireplace with a brick surround adds warmth to the space, while an archway connects to the kitchen diner. This area includes fitted wall and base units, integrated appliances like a double gas oven and four-ring hob, as well as sliding doors leading into a bright conservatory—ideal for enjoying the serene surroundings. Each of the three bedrooms is well-sized and features built-in storage solutions, ensuring ample space even after renovations. The bathroom is functional as-is but could also be modernized to suit contemporary standards. Beyond the bungalow, the property boasts several outbuildings including a substantial garage and workshop—each with significant potential for conversion or alternative uses. The grounds include an enclosed paddock which not only provides additional outdoor space but also commands excellent views of the area. For those considering investment opportunities, this bungalow's combination of land size, outbuildings, and prime location makes it an attractive prospect for development or customization. The low-maintenance gardens at both the front and back offer peaceful retreats that could be enhanced further with landscaping efforts. This property has been cared for over 45 years and is now ready to welcome new owners who can envision its future possibilities. An internal viewing will allow prospective buyers to fully appreciate not just the space itself but also how they might transform it into their dream home or a lucrative investment.

Investment Analysis

(PL12 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL12)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 4.3%
5 year growth: 27.4%
Investment Disclaimer: Analysis based on PL12 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

Carkeel, Cornwall PL12
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