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Trillacott Road, North Petherwin, Launceston

South West

£375,000
Listed on 26/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1322 sqft

Description

This detached bungalow, nestled in a tranquil rural setting, offers a unique opportunity for those looking to invest in a renovation project. With 2 double bedrooms and an expansive 5.795 acres of land featuring a diverse selection of 109 specimen trees, the property presents significant potential for modernisation and enhancement. Originally built in 1964, the abode combines solid block construction with a tiled roof and boasts spacious living areas, including a bright living room with large picture windows that frame picturesque views of the surrounding gardens and countryside. The kitchen/dining area is equipped with a wood burner and includes practical features like an airing cupboard and pantry. To the rear, you'll find two double bedrooms, both enjoying serene views over the lush grounds. A previous conversion of the garage has created additional internal space suitable for various uses. The exterior is approached via a brick-paved driveway leading to ample parking. The grounds include established gardens with areas for lawn and vegetable cultivation, alongside valuable outbuildings that could serve as workshops or storage spaces. While currently requiring modern updates throughout, this property allows for personalisation to meet individual preferences while benefiting from its secluded location near North Petherwin village and easy access to Launceston and Bude's coastal charm.

Investment Analysis

(PL15 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£284/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£389,580
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PL15)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -1.1%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on PL15 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

Trillacott Road, North Petherwin, Launceston
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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
£1,328
Based on a loan of £281,250 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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