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Retire, Bodmin, Cornwall, PL30

South West

£399,950
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1382 sqft

Description

Nestled within the picturesque Cornish countryside near Lanivet, this generously sized four-bedroom detached bungalow offers a unique proposition for those looking to invest in a property with significant renovation potential. The residence is set against the stunning backdrop of the Tremore Valley, boasting expansive views of the surrounding landscape that enhance its appeal. The interior layout presents an opportunity for personalization and updates, featuring a well-sized living room with an open fireplace that serves as a cozy gathering spot. Adjacent to the living area, the dining room includes a courtier stove with a back boiler, while the kitchen provides ample workspace and storage options, connecting seamlessly to a utility room that leads out to the gardens. The accommodation is flexible, with two comfortable ground-floor bedrooms complemented by two additional bedrooms on the upper level, ideal for accommodating family members or guests. A centrally located family bathroom services all four bedrooms, ensuring convenience for daily living. Occupying a substantial plot, the property features front, side, and rear gardens that hold considerable landscaping or cultivation potential. A patio area allows for enjoyment of the impressive rural scenery, while included outbuildings – such as a greenhouse and two versatile structures – offer opportunities for storage or workshop space. The driveway provides access to a single garage alongside additional parking options. Situated close to the quaint village of Lanivet — recognized as Cornwall's geographical heart — residents will benefit from local amenities that include a primary school, a historic 15th-century church, the award-winning Lanivet Inn, and various community resources. Just a short drive away lies Bodmin, offering further shopping and educational facilities. Additionally, popular coastal destinations like Wadebridge, Padstow, and Charlestown are easily accessible for weekend outings. For commuters or those who travel frequently, Bodmin Parkway station is conveniently located approximately fifteen minutes away by car and provides direct train services to London Paddington. Newquay Airport is also within reach at just thirteen miles from home. This property represents an exciting opportunity to create your dream residence in an idyllic rural setting while enjoying excellent connectivity to Cornwall's beautiful coastline and moorland landscapes.

Investment Analysis

(PL30 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£289/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£251
Avg Yield
2.5%

Renovation Potential

Est. Renovation Cost
£39,995 - £99,988
10-25% of property value
Target Value
£508,887
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Monthly Sales
6
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL30)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 5.7%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on PL30 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

Retire, Bodmin, Cornwall, PL30
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