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Goonhavern, Truro

South West

£350,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1000 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and development. The property features a modern kitchen and shower room, but there remains ample scope for enhancement and personalization. With a generous garden plot, driveway parking, and a detached garage, the outdoor space offers potential for landscaping or extension (subject to planning consent). Inside, the living area boasts a wood-burning stove and there is an inviting sunroom that adds charm to the layout. Both double bedrooms are well-proportioned, while the existing electric night storage heating provides basic comfort. Conveniently located within walking distance of Goonhavern village centre and close to various amenities, this property not only serves as a cozy home but also represents a solid investment opportunity in a desirable area. The absence of onward chain simplifies any proposed renovations or developments you might have in mind.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£350/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£385,880
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (TR4)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -8.0%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on TR4 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

Goonhavern, Truro
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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