Green Lane, Penryn
South West
£365,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
Property details
Bedrooms
4Type
Semi DetachedArea
914 sqftFeatures
- Garden
- Parking
Description
This four-bedroom semi-detached bungalow in Penryn is offered with no onward chain. The single-level accommodation includes a living room, a fitted kitchen with dining space, four bedrooms, an en suite shower room and a family bathroom. The kitchen is usable as it stands, with scope for future updating, while the listing describes the property as recently painted throughout and liveable.
Gas central heating and double glazing are stated, along with mains services and an EPC rating of C. Outside, there is an enclosed rear garden and driveway parking for several vehicles. The freehold property is in the Green Lane area, with access to Penryn town centre and transport links towards Falmouth and the wider area. Its existing accommodation and facilities provide a practical starting point for a buyer considering cosmetic improvements or personalisation.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: MEDIUM
This four-bedroom bungalow has a clean, liveable starting point and a useful set of fundamentals: single-level accommodation, a private enclosed garden and parking for several vehicles. The older kitchen finishes, plain interiors and garden presentation offer scope for a light, personalised refresh, with the kitchen a clear place to make a visible improvement. The estimated works are £5,000–£12,000.
The main drawback is the price: at £399 per sq ft, the asking price is about 16% above the local average of £345 per sq ft. Adding the refurbishment range to the £365,000 asking price leaves the likely purchase-plus-works spend stretched against the local benchmark for this floor area; that comparison is not a forecast of the value after improvements. The location, layout and usable condition still give the project appeal, but the numbers make this a low-opportunity buy at the current price.
Key opportunities
- Refresh the dated kitchen finishes to give the home a more current focal point.
- Personalise the clean, simply finished living areas and bedrooms with a coordinated cosmetic update.
- Improve the enclosed garden’s presentation while making use of its established planting, lawn and gravel areas.
Key risks
- At the asking price, even the modest refurbishment budget pushes purchase-plus-works costs above the local benchmark for a home of this size.
- Plan on something close to £373,500 before you finish, with refurbishment in the region of £8,500, about 16% ahead of typical local benchmarks for this size; post-works value sits outside our data.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,379
Based on a loan of £273,750 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.
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