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Pengelly, Delabole, Cornwall PL33 - Image 1
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Pengelly, Delabole, Cornwall PL33

South West

£225,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
844 sqft

Description

Nestled in the vibrant community of Delabole, this semi-detached bungalow offers a blank canvas for those interested in renovation and investment. With two bedrooms and flexible living spaces, the property is well-suited for buyers seeking to enhance its charm or adapt it to modern lifestyles. Upon entering, a central hallway leads you through the home, connecting the main living areas. To one side lies the family bathroom, equipped with both a bath and an overhead shower, providing functional amenities. The master bedroom is generously sized, designed to capture natural light, ideal for comfort and relaxation. The kitchen overlooks the rear garden and benefits from a sunny southern exposure—an appealing aspect for anyone who enjoys cooking with a view. The living room at the back of the house opens directly onto the garden via sliding doors, facilitating outdoor enjoyment and potential entertaining space. Adjacent to the living room is an additional reception area previously utilized as a bedroom. This versatile space has endless possibilities; it can be transformed into a dining room, study, playroom, or even an extra bedroom if needed. The property thus provides adaptable options depending on individual requirements. Externally, a shared driveway permits private off-road parking while the front garden enhances curb appeal. However, it's the expansive rear garden that stands out—a sizable area brimming with potential for landscaping or development. This outdoor space is perfect for gardening enthusiasts or simply relaxing in the abundant Cornish sunshine. There’s also a shed providing practical storage solutions. With its spacious layout and significant scope for modernization, this bungalow presents an exciting opportunity for those looking to invest in property or create their ideal home within a well-connected village setting. An in-person viewing would allow you to fully appreciate all that this property has to offer.

Investment Analysis

(PL33 area)

Below Market Value

This property is priced -7.4% below area average per sq ft

-7.4%
Potential saving
This Property
£267/sq ft
Area Average
£288/sq ft

Renovation Potential

Est. Renovation Cost
£22,500 - £56,250
10-25% of property value
Target Value
£267,240
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Monthly Sales
2
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PL33)

Area prices are falling by +15.7% over the last 12 months
3 year growth: -2.5%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on PL33 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

Pengelly, Delabole, Cornwall PL33
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