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Allen Park, St. Kew Highway, Bodmin, Cornwall, PL30

South West

£260,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1033 sqft

Description

This detached two-bedroom bungalow presents a promising opportunity for renovation, offering ample potential for investors or homeowners looking to infuse their personal style. The property is chain-free, making it an ideal option for first-time buyers or those seeking single-level living in a convenient location. The exterior features a generous driveway capable of accommodating two vehicles, complemented by an enclosed front garden that includes a handy garden shed. Previously utilized as a vegetable plot, this outdoor space can easily be revitalized. Adjacent to the driveway is a garage that offers significant potential; with existing power connections, it could be transformed into additional living space—such as an extra bedroom, home office, or gym—depending on your vision. Stepping inside, you'll discover a well-maintained interior that’s ready for modernization. The flexible layout allows for various alterations to fit individual needs. A hallway connects to the bathroom on one side and the garage on the other. The bathroom is equipped with essential amenities including a WC, bath, and sink. Further along the hall lies the kitchen which overlooks the rear garden and provides access to a conservatory—a bright and inviting extra reception area perfect for leisurely afternoons. A utility space off the kitchen accommodates additional appliances and includes an extra WC for convenience. Both bedrooms are located on the right side of the property, with the master offering ample room for storage solutions. The spacious living room at the back grants lovely views of the garden and surrounding countryside. Situated in St. Kew Highway, this bungalow enjoys close proximity to local conveniences such as a shop, petrol station, public house, renowned farm shop/café, and golf driving range. Just three miles from Wadebridge—a vibrant market town rich in amenities—this property combines country charm with accessibility to essential services and leisure options. Its renovation prospects coupled with its strategic location make it an appealing investment for both new homeowners and seasoned investors alike.

Investment Analysis

(PL30 area)

Below Market Value

This property is priced -26.6% below area average per sq ft

-26.6%
Potential saving
This Property
£252/sq ft
Area Average
£343/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£389,694
10% above area average per sq ft
Potential ROI
+29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PL30)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 6.8%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on PL30 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

Allen Park, St. Kew Highway, Bodmin, Cornwall, PL30
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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
£952
Based on a loan of £195,000 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