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Penarth, LOOE, Cornwall, PL13

South West

£230,000

Listed on 15/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow

Description

This detached bungalow offers a fantastic opportunity for renovation, set in an elevated cul-de-sac location with stunning views over the Looe River Valley. The property comprises three bedrooms, a bathroom, a lounge/diner, and a kitchen, all of which require updating. The spacious lounge/diner features large double-glazed windows that frame the picturesque valley views, while the kitchen is equipped with base and wall units and offers space for essential appliances. Outside, the property benefits from gardens, a garage, and a sloped block-paved driveway providing parking. The surrounding area is known for its natural beauty, with numerous walking paths and a vibrant local community, making this an ideal investment for those looking to create their dream home in a desirable seaside town.

WHOTS analysis

Our WHOTS verdict

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

55out of 100
Grade DWeak opportunity

Confidence: LOW

This detached bungalow offers a fantastic opportunity for renovation enthusiasts, particularly given its asking price of £230,000, which sits below the local average of £300,698. While the property requires extensive updating throughout, including the kitchen and bathroom, the stunning views over Looe River Valley make it a compelling canvas for those looking to add value. With three bedrooms and a good-sized lounge/diner, there's plenty of space to create a modern, inviting home.

The overall condition shows signs of dated interiors, with wear evident in the living area, bedrooms, and kitchen. However, the exterior and roof are in good condition, which can help reduce initial renovation concerns. Given the light renovation scale, prospective buyers can envision a rewarding transformation, making this property an appealing prospect despite its need for significant updates.

Key opportunities

  • Stunning views over Looe River Valley provide a unique selling point.
  • Three bedrooms and a good-sized lounge/diner allow for spacious living after renovation.
  • Potential to significantly increase property value through extensive updating.

Key risks

  • General wear and tear observed throughout the property may require attention.
  • Extensive updating needed in the kitchen and bathroom.
  • Renovation budget estimated between £40,000 and £80,000, which may impact overall investment.

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Map

Location

Penarth, LOOE, Cornwall, PL13
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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
£869
Based on a loan of £172,500 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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