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Detached Bungalow With Large Garden, Reawla TR27

South West

£575,000
Listed on 06/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom bungalow presents a unique opportunity for renovation and investment in the desirable village of Reawla. Situated on a spacious plot, the property features a large garden that offers ample outdoor space for recreation or gardening enthusiasts, alongside a barn that could serve various purposes, from storage to potential conversion (subject to planning permissions). The bungalow's layout provides generous living areas, making it suitable for families, individuals looking to downsize, or investors seeking a value-added project. Additionally, the first floor boasts scenic views extending towards St Ives, enhancing the property's overall appeal. One of the standout features of this property is its planning permission in principle for the development of up to five additional dwellings. This aspect significantly enhances its investment potential, offering a pathway for those interested in expanding their portfolio or pursuing development opportunities. Located in Reawla, residents can enjoy the tranquil countryside while benefiting from easy access to local amenities and nearby towns. The surrounding area is rich with scenic walking paths and local charm, perfect for those who appreciate the natural beauty of Cornwall. In terms of accommodation, the home includes a reception hall, dining room, kitchen, living room, conservatory, three bedrooms, and a family bathroom. Ample parking is available via a private driveway. The expansive gardens encompass approximately half an acre and are primarily laid to lawn with established trees providing privacy. A detached workshop adds further utility to the property. For those looking at future possibilities in both residential and development contexts, this bungalow represents a valuable prospect in an attractive village setting.

Investment Analysis

(TR27 area)
Area Average
£352/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£57,500 - £143,750
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +7.9% over the last 12 months
3 year growth: -6.2%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on TR27 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

Detached Bungalow With Large Garden, Reawla TR27
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