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Carkeel, Saltash, Cornwall, PL12

South West

£650,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached bungalow, located in the serene hamlet of Carkeel, offers a remarkable opportunity for those looking to invest in property with significant potential. With three bedrooms and a generous plot of 3.25 acres, this home not only boasts impressive views across the river Tamar but also features multiple detached outbuildings that could be repurposed or improved for various uses. Having been in the same ownership for over 45 years, it presents a canvas for modernisation tailored to individual preferences. The internal layout includes a living room with stunning vistas and a cozy gas fireplace, a kitchen diner equipped with essential appliances, and a conservatory that enhances natural light and connects seamlessly to the outdoor space. Each bedroom is well-proportioned, featuring built-in storage solutions and ample windows providing pleasant views. While the bathroom is functional, there may be opportunities to update its fixtures and finishes to contemporary standards. The expansive grounds include private parking, an enclosed paddock area, and low-maintenance gardens ideal for enjoying the peaceful surroundings. The outbuildings - which encompass a garage and workshop - add significant value by offering versatility for hobbies or as additional storage space. Given its expansive space and desirable location, this property is ripe for renovation; transforming it into a contemporary family home or investment rental could yield considerable returns. A viewing is essential to truly appreciate what this property has to offer.

Investment Analysis

(PL12 area)
Area Average
£282/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PL12)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 5.1%
5 year growth: 28.2%
Investment Disclaimer: Analysis based on PL12 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

Carkeel, Saltash, Cornwall, PL12
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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
£2,381
Based on a loan of £487,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE