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Clann Lane, Lanivet, Bodmin, Cornwall - Image 1
Clann Lane, Lanivet, Bodmin, Cornwall - Image 2
Clann Lane, Lanivet, Bodmin, Cornwall - Image 3
Clann Lane, Lanivet, Bodmin, Cornwall - Image 4
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Clann Lane, Lanivet, Bodmin, Cornwall

South West

£450,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1572 sqft

Description

Nestled in a tranquil semi-rural setting, this spacious detached bungalow presents an intriguing opportunity for renovation and investment. Occupying a generous plot, the property boasts well-maintained gardens and offers ample parking options, including a garage and workshop. The sizable outbuildings add to the potential for various uses, whether for storage or possible redevelopment, subject to planning permissions. The surrounding area is characterized by its quiet atmosphere while still providing convenient access to local amenities. This combination makes it an appealing choice for those who appreciate space and privacy but also value proximity to essential services. With the neighboring property having received planning approval for the development of two additional houses (planning reference PA20-05381), this location is poised for growth and offers exciting possibilities for future enhancement. This bungalow features two bedrooms and comes equipped with oil central heating and all mains services—electricity, water, and drainage. As a freehold property in Council Tax Band D with Cornwall Council, it also represents a sound investment in a desirable area. A metalliferous mine search is required for any interested buyers, ensuring all necessary due diligence can be performed. Overall, the combination of the property's existing features and its prospective development opportunities make it a noteworthy option for those looking to invest in a promising real estate venture.

Investment Analysis

(PL30 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£286/sq ft
Area Average
£343/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£593,029
10% above area average per sq ft
Potential ROI
+18.6%
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

Clann Lane, Lanivet, Bodmin, Cornwall
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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
£1,648
Based on a loan of £337,500 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