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Reawla, Detached Bungalow With Planning TR27 - Image 1
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Reawla, Detached Bungalow With Planning TR27

South West

£499,995
Listed on 17/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow, situated in the desirable village of Reawla, presents an intriguing opportunity for both comfortable living and future investment. The property is set on a generous 0.5-acre plot featuring a sizable garden and a barn/garage that offers potential for conversion or expansion, subject to the relevant planning permissions. The bungalow itself boasts spacious and adaptable interior spaces, making it suitable for families, retirees, or investors looking to capitalize on its development potential. Notably, planning permission in principle has been granted for constructing up to five additional homes on-site, enhancing its attractiveness as a development project. Positioned within a friendly village atmosphere with convenient access to local amenities and the scenic Cornish coastline, this property embodies both immediate family appeal and considerable long-term investment prospects.

Investment Analysis

(TR27 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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
8%
Properties sold annually

Local Market Trend (TR27)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.4%
5 year growth: 16.4%
Investment Disclaimer: Analysis based on TR27 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

Reawla, Detached Bungalow With Planning TR27
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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
£1,832
Based on a loan of £374,996 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