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Cormorant Drive, St. Austell, Cornwall

South West

£299,000
Listed on 10/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1012 sqft

Description

This spacious 4-bedroom detached bungalow presents a unique opportunity for renovation in a sought-after area of Cormorant Drive. The property includes a contemporary extension that enhances the original layout, yet the older sections are in need of some modernization, offering the chance for buyers to personalize the space according to their tastes. The interior is thoughtfully designed, featuring an entrance hall with storage and access to all rooms. At the front, you will find a lounge/diner perfect for family gatherings, while the rear houses a generous kitchen/diner that opens onto a patio area with stunning views, ideal for outdoor entertaining. With four bedrooms, including a main suite at the front and two additional rooms with direct access to outdoor spaces, the potential here is evident. One room benefits from French doors leading to the patio, while an extra bedroom could easily be reconfigured for better flow or access from the main hallway. Completing the internal layout is a family bathroom and a sizable wet room. The exterior features tiered gardens with multiple levels; from the kitchen and two of the bedrooms, there’s direct access to a patio seating area that leads down to a well-maintained garden primarily laid to lawn, complemented by a vegetable plot and functional outbuildings including sheds and a greenhouse. The property also includes off-road parking and a garage. Situated close to local amenities yet retaining an atmosphere of tranquility, this bungalow is just one mile from town centre conveniences—offering easy access to transport links, recreational facilities, dining options, and cultural attractions like Charlestown's historic port and The Eden Project. This residence has significant potential for those looking to invest in creating their dream home.

Investment Analysis

(PL25 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£295/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£306,408
10% above area average per sq ft
Potential ROI
-12.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL25)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -7.1%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on PL25 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

Cormorant Drive, St. Austell, Cornwall
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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
£1,059
Based on a loan of £224,250 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.

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