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Lower Dimson, Gunnislake

South West

£115,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
495 sqft

Description

This charming Cornish cottage presents a unique opportunity for renovation and investment, perfect for those looking to create a space tailored to their personal taste. The property features two bedrooms, a lounge, kitchen, and bathroom, all of which offer a solid foundation for modernization. The layout includes a welcoming entrance with a uPVC double-glazed door leading into the lounge, where natural light filters through the front-facing window. A fireplace adds character and warmth to the space. Adjacent is the kitchen, which provides basic wall and base units along with essential plumbing for appliances, including space for a washing machine. A door leads directly to the rear garden. Upstairs, two bedrooms await your vision. The main bedroom boasts picturesque views across the Tamar Valley through its uPVC double-glazed window—a feature that could enhance its appeal once updated. The second bedroom houses the central heating boiler and overlooks the back garden. The bathroom includes fundamental fixtures but is ready for modern upgrades to maximize comfort and style. Outside, an elevated garden serves as a blank canvas ready for landscaping or gardening initiatives, offering potential for personal touches or functional outdoor spaces. The views from this area add an attractive element that could be capitalized on as part of your renovation plans. Located in Lower Dimson near Gunnislake village, this property benefits from nearby amenities such as shops, a post office, public house, primary school, and health center. Transport links are accessible with both bus services and a railway station providing regular connections to Plymouth. Additionally, Callington and Tavistock are within approximately five miles, further expanding access to services. This property is being sold with no onward chain, making it an ideal project for investors or those seeking their next home improvement venture in a desirable area of Cornwall. Whether you're looking to create your dream home or capitalize on rental potential in this sought-after location, this cottage offers ample opportunity to realize your vision.

Investment Analysis

(PL18 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£232/sq ft
Area Average
£276/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£150,200
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL18)

Area prices are rising by +3.6% over the last 12 months
3 year growth: -7.1%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on PL18 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

Lower Dimson, Gunnislake
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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
£421
Based on a loan of £86,250 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