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Halt Road, Goonhavern

South West

£300,000
Listed on 27/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached property presents a unique opportunity for buyers looking to invest in a home with significant renovation potential. Positioned with convenient driveway parking at the front, the property features a spacious rear garden enhanced by two practical storage sheds that could easily serve as workshops or additional storage space. Internally, the home offers flexible accommodation arrangements. It can function as a three-bedroom layout with one reception room, or alternatively, be configured into two bedrooms and two reception areas to suit varying lifestyles. The kitchen and shower room round out the living space, providing fundamental amenities while allowing room for personal updates and improvements. Although currently benefiting from oil-fired heating, the property is in need of varying levels of modernization throughout. This presents an ideal project for those interested in customizing their living environment. The garden, though requiring some revitalization, holds promise as a delightful outdoor area once restored to its full potential. Additionally, it’s worth noting that the rear garden backs onto a field with approved plans for development—potentially accommodating five or six detached residences—highlighting significant investment prospects in an evolving neighborhood. This property not only offers a chance to create a comfortable home tailored to individual tastes but also opens up avenues for future value enhancement. Viewing is strongly recommended to fully appreciate the opportunities this property entails.

Investment Analysis

(TR4 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Monthly Sales
10
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +5.8% over the last 12 months
3 year growth: -3.9%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on TR4 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

Halt Road, Goonhavern
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