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Mawnan Smith

South West

£650,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2185 sqft

Description

This detached dormer bungalow, held by the same family since its construction in 1962, presents a rare opportunity for renovation and investment. With a substantial floor area of 2,184 sq ft, the property offers a flexible layout that includes four bedrooms and three bathrooms, making it suitable for various living arrangements or potential rental uses. The main living spaces are designed for adaptability, featuring a spacious kitchen and breakfast room that extends the full depth of the house. This central hub is brightened by double-aspect windows and connects seamlessly to the private rear garden through sliding doors—a feature that enhances indoor-outdoor living. The property also includes a versatile annexe with both internal and external access, currently configured for family use but ripe for transformation into an independent rental unit or guest accommodation, subject to local council approvals. The outdoor space is particularly noteworthy, comprising well-maintained gardens that offer an unexpected oasis of privacy in the heart of this sought-after village. The sunny south-facing terrace is ideal for entertaining or peaceful relaxation amidst mature plantings that create a sub-tropical ambiance. With ample off-road parking at the front and easy access to local amenities—including shops, schools, and recreational facilities—this location allows for convenient daily living while providing opportunities for future enhancement. Situated adjacent to essential services like the local doctors’ surgery and a charming pub—the Red Lion—residents can enjoy community-centric living without sacrificing convenience. Nearby attractions include scenic walks along the Helford River and visits to renowned gardens such as Glendurgan and Trebah. In summary, this property not only boasts extensive living space but also presents significant renovation potential. It invites innovative ideas to modernize while retaining its charm within one of Cornwall’s most desirable villages. Whether you envision transforming it into a family home or exploring its investment potential through holiday rentals or long-term tenancy options, this bungalow stands as a promising canvas in an enviable location.

Investment Analysis

(TR11 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£297/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£346
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£981,229
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Monthly Sales
23
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (TR11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 4.3%
5 year growth: 28.4%
Investment Disclaimer: Analysis based on TR11 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

Mawnan Smith
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