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Polyphant, Launceston

South West

£350,000
Listed on 23/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow presents an excellent opportunity for renovation and investment, set within a generous plot of approximately 0.3 acres. While the home requires modernization, its well-proportioned layout and spacious garden provide a strong foundation for creating a bespoke living space tailored to today’s standards. The property is being sold with no onward chain, making it an appealing option for buyers looking to move quickly. Nestled in a desirable area just off the scenic village green of Polyphant, this location offers both tranquility and convenience. Residents will appreciate the proximity to local amenities, including a village shop, GP surgery, and Methodist Chapel—all within walking distance. The nearby village of Lewannick expands on these offerings with additional shops, a primary school, and public house. Moreover, the popular Rising Sun pub is just three miles away, known for its quality food and atmosphere. For leisure activities, Trethorne Hotel and Golf Club—featuring an award-winning 18-hole course—is only two miles away, while Launceston, about five miles distant, provides further shopping options alongside recreational facilities. The bungalow itself features a welcoming entrance that leads into a spacious hallway connecting the various rooms. The dual-aspect sitting/dining room boasts views over the front driveway and side garden through large windows, complemented by a decorative stone fireplace with a gas fire as its focal point. The kitchen is functional but could benefit from updating; it includes built-in units along with access to the rear terrace and garden. Three double bedrooms offer ample storage with built-in wardrobes; they share a bathroom equipped with necessary amenities plus an additional separate WC conveniently located near bedroom three. Outside, the property is approached via a charming lane that enhances its appeal. A gated entrance leads to a large driveway capable of accommodating multiple vehicles—and potential exists to expand parking capacity if desired. The detached double garage provides additional storage or workshop space. The extensive gardens offer versatility for outdoor projects or further landscaping. With mains electricity, water drainage, oil-fired central heating supplemented by gas fireplaces already in place—and good broadband availability—this property has all the essential services needed for comfortable living while providing ample potential for future enhancements. Viewing is strictly by appointment through Stags.

Investment Analysis

(PL15 area)
Area Average
£272/sq ft

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.0%
5 year growth: 21.1%
Investment Disclaimer: Analysis based on PL15 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

Polyphant, Launceston
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