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Gonvena Hill, Wadebridge, Cornwall - Image 1
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Gonvena Hill, Wadebridge, Cornwall

South West

£625,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2268 sqft

Description

This substantial five-bedroom semi-detached bungalow is located on the desirable Gonvena Hill in Wadebridge, offering a unique investment opportunity. The property boasts a well-executed double-storey rear extension and a full roof conversion, creating an expansive and versatile living space perfect for modern family needs. Upon entry, an inviting hallway greets you, featuring quality machined wooden flooring that sets a welcoming tone. To the left, two spacious ground floor bedrooms with built-in wardrobes provide options for convenient living arrangements, one currently serving as a home office. On the right side of the hallway, a cozy yet stylish living room features sophisticated built-in storage and a wood-burning stove within an attractive fireplace—ideal for relaxation in natural light. A contemporary shower room on this level adds to the practicality. The pièce de résistance is the exceptional open-plan kitchen and dining area designed for entertaining and family gatherings. This standout space includes high-spec appliances such as double ovens and a steam oven alongside an induction hob island, plus ample storage solutions. Double sliding doors lead to the rear patio, promoting seamless indoor-outdoor living—perfect for those who enjoy alfresco dining. Adjacent to this area is a snug filled with light from skylights and offers additional leisure space. Climbing the solid wood staircase leads to four further bedrooms, including a master suite with elevated views and its own en-suite bathroom. The first-floor rooms are airy with plenty of natural light thanks to multiple velux windows. Outside, Kenna Park sits on approximately 0.22 acres of land featuring generous parking space and a detached double-storey outbuilding. This versatile structure includes garage space below while the upper level requires modernisation but holds potential as an annex or studio workspace. The expansive rear garden is predominantly laid to lawn with mature landscaping—a great canvas for future enhancement or adaptation.

Investment Analysis

(PL27 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£276/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£232
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£953,388
10% above area average per sq ft
Potential ROI
+37.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PL27)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 1.8%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on PL27 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

Gonvena Hill, Wadebridge, 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
£2,290
Based on a loan of £468,750 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