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Belah Meadows, Otterham, Camelford

South West

£550,000
Listed on 11/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3198 sqft

Description

Nestled in the charming village of Otterham, this expansive 4-bedroom detached bungalow offers a unique opportunity for those looking to invest in a property with significant renovation potential. With ample space and facilities, it presents an ideal canvas for both family living and leisure activities.<br><br>The entrance features a welcoming porch that leads into a bright hallway, revealing a spacious L-shaped living area complete with a cozy wood-burning stove. This flows into a dining space perfect for gatherings and is adjacent to a well-equipped kitchen featuring modern appliances and an adjoining utility room for functional ease.<br><br>A standout aspect of this home is the additional reception room located behind the kitchen, which currently features a fitted bar and large dining setup. This versatile area opens up to an indoor heated swimming pool complex, providing extensive scope for entertaining or simply enjoying quiet time by the water.<br><br>All four bedrooms are generously sized, with the master bedroom enjoying en-suite facilities and built-in storage. The other bedrooms share well-designed bathrooms, making this layout ideal for families or multi-generational living.<br><br>The outdoor space boasts manicured gardens, a detached garage, along with a large workshop and several outbuildings that could be repurposed into creative workspaces or additional accommodation subject to planning permissions. The hot tub situated in the private courtyard adds another layer of relaxation to this space.<br><br>This bungalow not only offers comfortable living but also presents numerous possibilities for transformation into a holiday let or multi-family setup given its generous spaces and desirable location near the North Cornish coast. It's an exciting prospect for investors or buyers seeking to create their own haven in this picturesque setting.

Investment Analysis

(PL32 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£172/sq ft
Area Average
£266/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£934,152
10% above area average per sq ft
Potential ROI
+46.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PL32)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -0.2%
5 year growth: +31.3%
Investment Disclaimer: Analysis based on PL32 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

Belah Meadows, Otterham, Camelford
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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
£1,984
Based on a loan of £412,500 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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