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Pengelly, Delabole, Cornwall

South West

£225,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
844 sqft

Description

Nestled in the vibrant community of Delabole, this semi-detached bungalow presents a promising opportunity for renovation enthusiasts and investors alike. With two bedrooms and flexible living spaces, the potential to craft a personalized home is readily apparent. Upon entering, a central hallway leads to various rooms that are filled with natural light. The family bathroom features essential amenities, including a bath with an overhead shower, a WC, and a basin. The master bedroom is generously sized, offering ample space to create a comfortable retreat. The kitchen, positioned to overlook the south-facing rear garden, provides an inviting atmosphere for culinary endeavors or leisurely breakfasts bathed in sunlight. Connected to the kitchen is the living room, which boasts sliding doors that seamlessly transition to the outdoor area. This design facilitates easy access to the garden, enhancing opportunities for al fresco dining or entertaining guests. An additional reception room extends from the living area and can easily adapt to different uses—be it a dining area, home office, playroom, or even converted back into a third bedroom. This versatility caters to varying lifestyles and needs. Externally, there is shared driveway access leading to off-road parking—a valuable asset in this coastal village setting. The front garden contributes positively to the home's curb appeal while the expansive rear garden stands out as a key feature. It offers plenty of space for gardening enthusiasts or families looking to enjoy outdoor activities under the Cornish sun. A shed provides convenient storage for tools and equipment. With its spacious plot and potential for modernization throughout, this property serves as an excellent canvas for those looking to invest in their future—whether by creating a unique home or capitalizing on its rental potential in this desirable location. An early viewing is advisable to fully appreciate all that this property has to offer.

Investment Analysis

(PL33 area)

Below Market Value

This property is priced -6.0% below area average per sq ft

-6.0%
Potential saving
This Property
£267/sq ft
Area Average
£284/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£263,294
10% above area average per sq ft
Potential ROI
-0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL33)

Area prices are falling by +15.0% over the last 12 months
3 year growth: -4.4%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on PL33 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

Pengelly, Delabole, 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
£824
Based on a loan of £168,750 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