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Reeds Park, Lostwithiel

South West

£325,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow

Description

This three-bedroom detached bungalow offers a unique opportunity for renovation and modernization, situated in a desirable cul-de-sac on the eastern edge of Lostwithiel. The accommodation includes a welcoming hallway, cloakroom, spacious lounge with a multi-fuel stove, and a kitchen/diner that features a range of wall and base units. There are also three double bedrooms, a shower room, and an integral garage. The property benefits from double glazing and driveway parking, along with a south-facing rear garden that invites potential landscaping or extension possibilities. With its established location, this property is close to local amenities, schools, and transport links, making it an appealing investment for those looking to create their ideal home. Offered at auction.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

45out of 100
Grade ELow opportunity

Confidence: LOW

This detached three-bedroom bungalow presents a unique renovation opportunity in a popular cul-de-sac development, nestled within the vibrant community of Lostwithiel. While the interiors are dated and require significant refurbishment, the property's spacious layout and potential for a modern transformation are appealing aspects for buyers looking to add value. The south-facing rear garden and integral garage further enhance the property's appeal, providing both outdoor space and practical storage solutions.

The asking price of £325,000 is notably cheaper than the local average sale price of £308,379, making this listing an interesting option for those willing to undertake a renovation project. Although the overall opportunity score is limited, the absence of a usable floor area calculation does not diminish the potential for improvement. With renovation costs estimated between £40,000 and £80,000, this property allows for a creative vision that can elevate its value significantly in a desirable location.

Key opportunities

  • Spacious layout allowing for creative redesign and modernization.
  • South-facing rear garden providing outdoor potential.
  • Integral garage adds practical storage and utility.

Key risks

  • Requires significant refurbishment throughout.
  • Absence of defined floor area may complicate valuation.
  • Potential damp issues noted in several rooms.

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Map

Location

Reeds Park, Lostwithiel
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Tax

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Indicative tax based on the asking price and the options you select.

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