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Illogan

South West

£345,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1438 sqft

Description

Nestled on a tranquil private road, this generously sized two-bedroom detached bungalow in the village of Illogan presents an opportunity for potential investors or renovators. While the property is presented with no onward chain, it offers excellent access to local amenities including shops, a Post Office, and recreational areas like Tehidy Country Park and the stunning beaches of the north coast. Internally, you will find a functional layout featuring a fitted kitchen with utility room, a dining area that flows into a spacious lounge, two ample double bedrooms (with the master bedroom benefitting from an en suite), and a family bathroom. Although well-maintained, the interior would benefit from some cosmetic upgrades, making it an ideal project for those looking to enhance its value through modernisation. Externally, the property boasts driveway parking for multiple vehicles leading up to a garage, along with front and rear gardens providing potential for landscaping or further development. This freehold property could be an excellent investment in this desirable location, appealing to families or retirees alike. With council tax band D and an EPC rating of C, it also holds promise for energy efficiency improvements.

Investment Analysis

(TR16 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£240/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£505,385
10% above area average per sq ft
Potential ROI
+36.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -9.7%
5 year growth: +17.6%
Investment Disclaimer: Analysis based on TR16 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

Illogan
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,222
Based on a loan of £258,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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