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Pelynt, Looe PL13

South West

£399,950

Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1442 sqft

Description

Situated in the desirable village of Pelynt, this spacious detached bungalow presents a unique investment opportunity with its flexible 4/5 bedroom configuration. The property is set in a tranquil, non-estate environment that combines rural character with accessibility to local amenities. Although it currently requires some updating, the potential for renovation is significant, allowing future owners to tailor the space according to their needs. The accommodation includes four to five generously sized bedrooms, complemented by both a bathroom and a separate shower room, providing convenience for families or guests. There are multiple reception areas that can serve various functions—whether as formal living spaces or dedicated home offices—highlighting the adaptability of the layout. A large kitchen serves as the heart of the home and is well-equipped for everyday cooking and entertaining, featuring a Rangemaster oven and ample counter space. The open layout also accommodates casual dining at a breakfast bar, making it ideal for gatherings. Outdoor space consists of manageable gardens which enhance your enjoyment of the picturesque Cornish climate. The expansive brick-paved driveway adds functionality with secure gated access and ample parking for several vehicles, accompanied by direct entry into an attached garage/workshop—perfect for storage or hobbies. Key features such as double glazing improve energy efficiency while oil central heating ensures warmth during colder months. This single-storey residence is particularly appealing to those looking for accessible living solutions without sacrificing space. Pelynt offers a vibrant community atmosphere with local shops, a traditional pub, and primary school within easy reach. For nature enthusiasts, nearby landscapes provide beautiful walks along the South West Coast Path and opportunities for observation of local wildlife. Additionally, Looe’s nearby amenities include restaurants, shops, and sandy beaches that complement rural living with coastal leisure. In summary, this bungalow is devoid of any onward chain and offers vacant possession; its potential for modern updates makes it an opportunity worth considering.

Investment Analysis

(PL13 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£277/sq ft
Area Average
£326/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£517,736
10% above area average per sq ft
Potential ROI
+15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PL13)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -8.5%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on PL13 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

Pelynt, Looe PL13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £299,962 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-11.1% since listed
£399,950£50,050(-11.1%)
14/05/2026
Current price
£450,000Initial listing
30/04/2026

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