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Carlyon Road, Playing Place

South West

£600,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2014 sqft

Description

This detached three-bedroom bungalow, set within approximately half an acre of mature gardens in the sought-after village of Playing Place, is ripe for transformation. While the property requires substantial refurbishment throughout, it features a practical layout with spacious rooms bathed in natural light. The existing accommodation includes an entrance hall, lounge with conservatory access, a well-sized kitchen/dining area, three bedrooms, bathroom, cloakroom, utility room, and attached workshop and garage. The expansive gardens add to its appeal, offering plenty of outdoor space and potential for further enhancement or extension (subject to necessary consents). Additionally, this property comes with no onward chain and presents a unique investment opportunity thanks to available adjoining land. Lot 2 provides orchard plots with planning permission for up to four dwellings. Furthermore, Lot 3 consists of additional paddock land. Together or separately, these lots create possibilities for both personal habitation and development projects. Located conveniently near Truro and local amenities in Carnon Downs and Feock, this property not only allows for a reimagined residential experience but also offers prospects for expansion in a desirable locale.

Investment Analysis

(TR3 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£298/sq ft
Area Average
£389/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£862,455
10% above area average per sq ft
Potential ROI
+25.0%
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 (TR3)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -12.3%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on TR3 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

Carlyon Road, Playing Place
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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
£2,141
Based on a loan of £450,000 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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