Pengelly, Delabole, PL33
South West
£165,000
Listed on 17/09/2026
Listed on 17/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
917 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house is offered as a refurbishment project, with scope to update the accommodation and improve its rental appeal. The listing suggests a potential 6% rental yield once works are complete, although this figure is an estimate and should be checked against the eventual purchase price, refurbishment costs and achievable rent.
The sale is subject to a reservation deposit and administration fee following acceptance of an offer. The deposit is stated to form part of the purchase price, and cash buyers are required to indemnify searches and surveys in line with the seller's terms. Systems, appliances and services shown in marketing material have not been tested and are subject to the fixtures and fittings agreement.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £165,000, this three-bedroom semi-detached house is priced at about £180 per sq ft, well below the local average of £274 — a strong entry point for someone looking to take on a substantial project. The interior needs a heavy overhaul, with worn or stained flooring in several areas, dated finishes and unfinished details; the visible slate roof appears broadly intact, though weathering is present.
There’s a clear opportunity to renew the kitchen and finishes, refresh the bathroom details and make better use of the enclosed rear area. The covered parking or storage structure is another useful feature. The asking-price advantage and scope to improve give the project appeal, but it calls for a full interior programme rather than a cosmetic refresh.
Key opportunities
- The dated kitchen and unfinished details provide a clear canvas for a more cohesive, modern interior.
- Renewing flooring and finishes across the living space and bedrooms can transform the feel of the house.
- The enclosed rear area and covered parking or storage offer useful practical features to retain and improve.
Key risks
- Marked flooring, visible staining and unfinished details across several areas need investigation and a coordinated response.
- Stripped-back finishes and a heavy interior programme mean planning for a full-house sequence of work, not a cosmetic refresh.
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Transport
Nearest stations
Bodmin Parkway Rail Station
12.4 miles
Train · Bodmin
Roche Rail Station
14.7 miles
Train · Roche
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£674
Based on a loan of £123,750 over 30 years at 5.13% 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
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-5.9% since listed
£160,000£5,000(-3.0%)
22/10/2026£165,000£5,000(-2.9%)
04/10/2026£170,000Initial listing
18/09/2026Services
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