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17 Northey Road, Bodmin PL31

South West

£185,000
Listed on 17/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1011 sqft

Description

This three-bedroom property presents a promising opportunity for those seeking a renovation project with significant investment potential. Ideal for both first-time buyers looking to personalize their space and investors aiming to enhance their portfolio, this home offers a solid foundation ready for modern updates. The layout spans two levels, featuring three spacious bedrooms on the upper floor along with a full bathroom, catering well to families or individuals in need of versatile living spaces. The ground floor includes a separate toilet and generous areas for living, dining, and kitchen activities, making it suitable for daily family life as well as entertaining. Although the property requires comprehensive renovation throughout, it remains habitable, allowing you the flexibility to undertake improvements at your own pace. The outdoor space includes a private rear garden that holds potential for creative landscaping or an inviting outdoor entertainment area. Additionally, there is ample room should you wish to consider extending the property further. On-street parking is available, and the location boasts proximity to local amenities including shops, schools, and public transport options. With a robust structure and thoughtful layout, this property offers a blank canvas for those looking to invest time and resources into crafting their ideal home or realizing a profitable rental opportunity.

Investment Analysis

(PL31 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£183/sq ft
Area Average
£249/sq ft

Renovation Potential

Est. Renovation Cost
£18,500 - £46,250
10-25% of property value
Target Value
£276,746
10% above area average per sq ft
Potential ROI
+19.7%
After renovation
Monthly Sales
18
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PL31)

Area prices are falling by +5.6% over the last 12 months
3 year growth: 6.8%
5 year growth: 26.4%
Investment Disclaimer: Analysis based on PL31 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

17 Northey Road, Bodmin PL31
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