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Church Road, Lelant, St. Ives

South West

£375,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
969 sqft

Description

Nestled in a serene, secluded area of Lelant, this spacious two-bedroom bungalow presents a unique opportunity for those looking to invest in property with significant potential. Set on an expansive double plot, this timber frame and cedar shingle clad home is currently offered for sale without any onward chain. The considerable size of the grounds opens up possibilities for redevelopment to create a larger dwelling or even multiple units, subject to the necessary planning permissions. Inside, the property features a welcoming entrance hallway leading into a generous L-shaped lounge/diner, perfect for entertaining or relaxing. The two bedrooms are well-sized with ample storage options, while the shower room provides essential amenities. Outside, the mature garden encircles the home, highlighted by a feature tree and additional parking provided by a detached garage. This property is best suited for cash buyers due to its construction type and holds potential for refurbishment or redevelopment in a sought-after location.

Investment Analysis

(TR26 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£387/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£489,515
10% above area average per sq ft
Potential ROI
+15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TR26)

Area prices are falling by +10.6% over the last 12 months
3 year growth: -17.9%
5 year growth: 0.5%
Investment Disclaimer: Analysis based on TR26 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

Church Road, Lelant, St. Ives
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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
£1,374
Based on a loan of £281,250 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