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Dunmere, Bodmin

South West

£395,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
948 sqft

Description

This detached bungalow, nestled in an elevated location with beautiful gardens bordering the River Camel, presents a significant renovation opportunity. The property includes two bedrooms and various living spaces such as a spacious sitting room and kitchen/breakfast area. While the interiors require considerable refurbishment, the potential for transformation is evident. Surrounding the home, the gardens need re-landscaping to enhance their picturesque charm, which includes sloping lawns adorned with mature shrubs and trees. In addition to the bungalow, the property boasts a separate paddock of approximately 2.89 acres, complete with stunning views and an old timber outbuilding, offering possibilities for agricultural use or leisure activities. This unique setting allows direct access to scenic riverside walks and is conveniently located just over a mile from Bodmin town center, ensuring easy links to wider amenities and attractions along the North Cornish coast. With mains water and electricity already connected and a private drainage system in place, this property holds significant investment potential for those willing to undertake extensive refurbishments.

Investment Analysis

(PL31 area)

Above Market Value

This property is priced +69.7% above area average per sq ft

+69.7%
This Property
£417/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£256,112
10% above area average per sq ft
Potential ROI
-47.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PL31)

Area prices are falling by -8.5% over the last 12 months
3 year growth: -8.0%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on PL31 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

Dunmere, Bodmin
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,409
Based on a loan of £296,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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