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Church Road, Lelant, St. Ives TR26

South West

£375,000
Listed on 12/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
969 sqft

Description

Nestled in a serene, secluded area, this spacious detached bungalow presents a unique opportunity for renovation or potential redevelopment. With its timber frame and cedar shingle construction, the two-bedroom property is situated on an expansive double plot in Lelant, making it ideal for buyers looking to maximize investment. The site has significant potential for planning applications to create a larger dwelling or possibly two, subject to obtaining the necessary permissions. The interior features include an entrance hallway leading to a generous L-shaped lounge/diner with ample natural light from large windows and French doors to the garden. Both bedrooms offer good space, while the shower room requires modernisation. Outside, the mature garden surrounds the property, complemented by a single detached garage and plenty of off-road parking options. Given its construction type, cash offers are preferred, providing an opportunity for investors to explore creative renovation solutions.

Investment Analysis

(TR26 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£387/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£489,515
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TR26)

Area prices are falling by +10.6% over the last 12 months
3 year growth: -17.9%
5 year growth: 0.5%
Investment Disclaimer: Analysis based on TR26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Church Road, Lelant, St. Ives TR26
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE