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Woodland Avenue, Penryn, Cornwall, TR10 - Image 1
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Woodland Avenue, Penryn, Cornwall, TR10

South West

£285,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
771 sqft

Description

Nestled at the end of a tranquil cul-de-sac, this three-bedroom detached bungalow offers a promising opportunity for renovation enthusiasts. The property is primed for extensive modernization and presents an excellent blank canvas for buyers intent on crafting their ideal living space. Essential upgrades are needed throughout, including a new heating system and complete overhauls of both the kitchen and bathroom areas. The entrance opens into a hallway with wood-block effect flooring and access to the loft, leading you into various living spaces. The living room is well-lit, featuring a sizeable front-facing double-glazed window and a central fireplace that adds potential character. Steps descend into the kitchen, which has been adapted from a former garage but currently requires a full refit; it includes only basic fittings with scope for significant enhancement. All three bedrooms are generously sized, with two enjoying picturesque views of the countryside and iconic Penryn Viaduct. The bathroom awaits a total transformation, stripped back to its essentials and ready for modern fixtures. Externally, the property is surrounded by an overgrown yet promising front garden, while the rear garden boasts stunning rural vistas—ideal for those looking to create an outdoor haven. The location in Woodland Avenue is desirable for families and individuals seeking a peaceful residential environment with easy access to local amenities and scenic green spaces. Nearby Penryn exudes charm with its historic buildings, vibrant cafe culture, and convenient transport links, while Falmouth's renowned beaches are just a short drive away.

Investment Analysis

(TR10 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£370/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£514
Avg Yield
8.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£293,570
10% above area average per sq ft
Potential ROI
-19.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (TR10)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +0.7%
5 year growth: +20.4%
Investment Disclaimer: Analysis based on TR10 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

Woodland Avenue, Penryn, Cornwall, TR10
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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
£1,028
Based on a loan of £213,750 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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