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Perranwell Road, Goonhavern TR4

South West

£399,950
Listed on 23/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1561 sqft

Description

This four-bedroom bungalow is situated in the sought-after village of Goonhavern, offering a favorable balance between tranquil living and proximity to local amenities. The property presents significant renovation potential, making it an appealing opportunity for those looking to invest in a versatile space that can be tailored to individual tastes. The layout encompasses two reception rooms, a welcoming entrance porch, and a dining area that flows into a well-appointed kitchen. A central hallway grants access to three bedrooms and a family bathroom, while the living room connects to the master suite at the rear of the residence. This suite features a double bedroom with patio doors leading out to the garden, complemented by a dressing area and en-suite bathroom. Nestled on a generous plot, the property boasts both front and back gardens. The low-maintenance rear garden is paved, providing direct access from both the living room and master bedroom, creating comfortable outdoor connectivity. The front garden has potential for further enhancement, possibly allowing for additional parking or turning space by altering its layout. Parking is ample with driveway space for two to three vehicles alongside an integral garage. Features such as double glazing and LPG central heating enhance comfort throughout this light-filled home. With a sound structure built in the 1950s and positioned conveniently within walking distance of shops, schools, and other local services—along with being just a short drive from the beach—this bungalow stands out not only as a family home but also as an investment opportunity. The current owner has commissioned a Level 3 RICS Survey that is available for review by interested parties. This property invites visionaries ready to reimagine its spaces while benefiting from its prime location in Goonhavern.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£256/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£39,995 - £99,988
10-25% of property value
Target Value
£617,984
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Monthly Sales
10
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +5.8% over the last 12 months
3 year growth: -3.9%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on TR4 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

Perranwell Road, Goonhavern TR4
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