Relubbus Lane, St. Hilary, Penzance, Cornwall, TR20

This two-bedroom detached bungalow in the desirable village of St. Hilary presents a compelling opportunity for buyers looking to invest in a renovation project. The asking price of £200,000 is exceptionally cheap at £186/sqf, significantly below the local average of £356/sqf. This affordability opens the door for potential buyers to acquire a property with room for substantial value addition.

While the interior shows signs of age and requires modernisation throughout, including a dated kitchen and bathroom, this presents an opportunity for creative improvement. The property sits on a generous plot of 0.16 acres, which could be enhanced further with some thoughtful landscaping. With an estimated renovation cost between £40,000 to £80,000, buyers can envision transforming this space into a modern living environment while still maintaining a strong margin compared to local values.