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Bungalow with Large Garden, Porthleven - Image 1
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Bungalow with Large Garden, Porthleven

South West

£350,000
Listed on 26/03/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow presents a unique opportunity for renovation and investment, combining flexible living space with a prime location near the village center. The property is in need of modernization, allowing new owners to create a customized environment that reflects their personal style. The dual-aspect living room is spacious and filled with natural light, making it an inviting area for relaxation or entertaining. Adjacent to this is the kitchen, which features ample storage options, adding convenience to the home's functionality. A dedicated dining room serves as an additional versatile space that can easily be transformed into a third bedroom if desired. Two well-sized bedrooms and a practical shower room complete the interior layout. One of the property's most appealing aspects is its expansive garden, offering significant outdoor potential. The garden primarily consists of lawn areas surrounding the home, providing plenty of scope for landscaping or outdoor projects. A patio at the rear allows for seating arrangements, making it an excellent spot to enjoy the outdoors while benefiting from a degree of privacy afforded by hedging around the property. Situated in Porthleven, this bungalow benefits from its proximity to local amenities including shops, restaurants, and essential services like a primary school and doctor’s surgery. The charming village features a picturesque harbor and beach, enhancing its desirability as both a residential area and an investment opportunity. Additional details include off-road parking capability for two vehicles via a driveway. The property has access to mains water, electricity, drainage services, and oil central heating. With planning potential indicated by recent applications in the area (PA23/03874), there may be further possibilities for development or enhancement. This property is ideal for those looking to invest in a blank canvas in a highly sought-after location where modernization can yield significant returns.

Investment Analysis

(TR13 area)
Area Average
£331/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR13)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.9%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on TR13 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

Bungalow with Large Garden, Porthleven
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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
£1,282
Based on a loan of £262,500 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.

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