Belhay, Penryn
South West
£290,000
Listed on 15/07/2026
Listed on 15/07/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
1017 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached dormer bungalow in Penryn is arranged around a central hallway, with a living room, two bedrooms and a family bathroom on the ground floor, plus a third bedroom upstairs. The listing describes the property as requiring complete refurbishment, making it a substantial updating project rather than a ready-to-occupy home.
The house sits on a corner plot with gardens on three sides, a garage and driveway parking. The listing also notes mains gas, electricity, water and drainage, and a clear Mundic test. It is within reach of Penryn's amenities, schools and transport links, as well as the harbours at Penryn and nearby Falmouth. Any extension or other alterations would be subject to the necessary consents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
61out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £290,000, this detached three-bedroom dormer bungalow is priced well below the local average per square foot, giving a project buyer an attractive entry point in a quiet Penryn setting. The corner plot, garage, driveway and gardens around three sides add useful scope, while the dated interiors, worn floors and heavily overgrown garden offer plenty to reshape and improve. The kitchen and two bathrooms are also clear candidates for replacement, and the listing mentions possible extension subject to consents.
The balance to watch is the budget: the £55,000–£95,000 renovation range puts purchase plus refurbishment costs on the tight side against local benchmarks.
Key opportunities
- Rework the dated interiors, including the kitchen and both bathrooms, into a coherent updated home.
- Restore the overgrown gardens and make better use of the corner plot, garage and driveway.
- Explore the listing’s stated extension potential, subject to the necessary consents.
Key risks
- Worn finishes and flooring across several rooms, two dated bathrooms, a tired kitchen and an overgrown garden make the £55,000–£95,000 works range a substantial whole-house programme rather than a cosmetic refresh.
- All-in purchase and refurbishment costs look tight against local benchmarks, so the project’s budget needs careful control.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Nearest stations
Penryn Rail Station
0.2 miles
Train · Penryn
Penmere Rail Station
1.8 miles
Train · Penmere
Falmouth Town Rail Station
2.5 miles
Train · Falmouth
Falmouth Docks Rail Station
2.7 miles
Train · Falmouth
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
£1,185
Based on a loan of £217,500 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
-10.8% since listed
£290,000£35,000(-10.8%)
17/10/2026£325,000Initial listing
07/10/2026Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
