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Dunmere, Bodmin PL31

South West

£320,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom bungalow presents a compelling renovation project in the sought-after area of Dunmere. While it currently requires comprehensive modernization, the property boasts substantial outdoor space and off-road parking, adding to its investment appeal. Inside, you'll find a spacious open-plan kitchen/dining area that leads into a generous living room featuring an original fireplace. The accommodation includes two double bedrooms, a family bathroom, and additional storage options such as a utility room and airing cupboard. Although the interiors need updating—including the kitchen units, flooring, and bathroom fittings—there is significant potential to create a comfortable home tailored to modern standards. Moreover, the expansive garden space offers ample opportunity for landscaping or further development. Additional land adjacent to the property might also be available for interested buyers under separate negotiations. This property is ideal for those looking to transform a blank canvas into their dream home while benefiting from its prime location near local amenities and scenic views along the River Camel.

Investment Analysis

(PL31 area)
Area Average
£250/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL31)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 3.9%
5 year growth: 22.4%
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 PL31
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,172
Based on a loan of £240,000 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.

Next Steps

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