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Dunmere

South West

£320,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
948 sqft

Description

This detached bungalow is situated in an elevated position overlooking the serene River Camel, offering a unique opportunity for refurbishment and investment. Comprising two bedrooms, a spacious sitting area, kitchen/breakfast room, utility space, and a bathroom, the dwelling requires significant updates to realize its full potential. The structure features a covered verandah and ample parking for three vehicles. Surrounding grounds include paved gardens that need re-landscaping and scenic terraced lawns descending towards the riverbanks. With additional outdoor space available through separate negotiation—approximately 2.89 acres of paddock land with splendid views—this property presents an exciting project for those looking to create a tranquil riverside retreat or capitalize on the investment potential in this picturesque area. Conveniently located just over a mile from Bodmin town centre with easy access to the A389, it’s also within reach of notable coastal destinations such as Polzeath and Padstow. The proximity to transport links like Bodmin Parkway station and Newquay airport adds further appeal for future buyers or renters seeking connectivity.

Investment Analysis

(PL31 area)

Above Market Value

This property is priced +37.4% above area average per sq ft

+37.4%
This Property
£338/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£256,112
10% above area average per sq ft
Potential ROI
-37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PL31)

Area prices are falling by -8.5% over the last 12 months
3 year growth: -8.0%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on PL31 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

Dunmere
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,142
Based on a loan of £240,000 over 30 years at 3.97% 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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