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Tremayne Park, Pengegon, Camborne, Cornwall TR14

South West

£225,000
Listed on 27/07/2025

Property Details

Bedrooms
2
Type
Detached house
Area
823 sqft

Description

Nestled on the outskirts of Tremayne Park, this two-bedroom semi-detached bungalow offers a unique opportunity for those looking to invest in a property with significant renovation potential. The home presents itself as a blank canvas, ideal for buyers eager to update and personalize their living space. Upon entering, you are greeted by an entrance porch featuring dual-aspect double glazed windows that fill the area with natural light. The main lounge boasts a front-facing double glazed window and provides access to both the kitchen and inner hall, creating an open flow throughout the living areas. The kitchen is functional, equipped with a range of wall and base units, and includes space for essential appliances along with an archway leading to a conservatory that overlooks the rear garden. Both bedrooms offer comfortable accommodations, with built-in wardrobes in the primary bedroom maximizing storage. The second bedroom benefits from dual-aspect windows, enhancing its appeal. The bathroom features a three-piece suite including an oversized shower cubicle, which can be updated to suit modern preferences. Externally, the property is set back from a quiet close with an open front garden and off-road parking available on a hardstanding driveway leading to a garage. The enclosed rear garden presents expansive views toward nearby moorland and features decking that could be revitalized, along with a lawned area bordered by traditional Cornish walling. This property not only holds immediate charm but also represents considerable investment potential. With rising demand in this area of Cornwall, there’s ample opportunity for enhancement or expansion that could significantly increase its value. Whether you’re seeking a new home or looking to capitalize on the growing housing market, this bungalow’s location and features make it an appealing choice for visionary buyers.

Investment Analysis

(TR14 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£273/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£22,500 - £56,250
10-25% of property value
Target Value
£251,130
10% above area average per sq ft
Potential ROI
-10.7%
After renovation
Monthly Sales
20
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR14)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 6.8%
5 year growth: 30.6%
Investment Disclaimer: Analysis based on TR14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Tremayne Park, Pengegon, Camborne, Cornwall TR14
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