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Home For Modernisation, Large Plot, Gweek

South West

£372,400
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom bungalow, situated in a desirable area overlooking the Helford River, offers significant renovation and investment potential. While the property requires refurbishment, it sits on a generous plot that invites creativity and the opportunity to transform the space into a personalized living environment. The layout features expansive indoor and outdoor areas, ensuring ample room for reconfiguration or enhancements. The living room is particularly spacious, with large patio doors that provide direct access to the rear garden, creating possibilities for seamless indoor-outdoor living. Adjacent to the kitchen is a dining room that could be combined with the kitchen to form an inviting kitchen/diner, perfect for entertaining and enjoying meals al fresco. There are two double bedrooms and a single bedroom, all offering sufficient space for furnishings and personal touches. Outside, the extensive grounds present numerous options for landscaping or gardening projects. Whether you envision reinstating a pond or developing a vegetable garden, this property provides an ideal canvas to create an outdoor oasis. The garage adds further value through storage or secure parking opportunities. Located in Gweek, a charming creekside village known for its vibrant community atmosphere, this property benefits from proximity to local amenities such as shops, restaurants, and recreational facilities. The village hall serves as a hub for community events while providing easy access to nearby towns including Helston, Truro, and Falmouth. The surrounding area is recognized not only for its natural beauty but also for ongoing development potential; nearby planning applications indicate growth in the local housing market. With significant scope for renovation and expansion—especially considering neighboring properties have successfully undertaken substantial extensions—this bungalow stands out as a remarkable opportunity for those looking to invest in an appealing location with future value enhancement prospects. The property is offered chain-free, allowing for a straightforward acquisition process.

Investment Analysis

(TR12 area)
Area Average
£346/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -19.3%
5 year growth: 6.9%
Investment Disclaimer: Analysis based on TR12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Home For Modernisation, Large Plot, Gweek
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,364
Based on a loan of £279,300 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE