Furze Gardens, Morwenstow, Bude, Cornwall EX23
South West
£290,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowFeatures
- Garage
- Garden
- Parking
Description
This detached three-bedroom bungalow in Morwenstow is offered with no onward chain and has a plot of approximately half an acre. The accommodation includes an entrance hall, a triple-aspect living and dining room, a kitchen, three bedrooms and a family bathroom. The living room has patio doors, while the kitchen has space for freestanding appliances and a wall-mounted oil-fired boiler, which is currently not working.
Outside, the property has front and rear gardens, a tarmac driveway with parking for multiple vehicles and a single garage with light and power. The home is connected to mains water, drainage and electricity, and has roof-mounted solar panels. The owner advises that the panels are subject to a 25-year lease-back arrangement providing free electricity. The listing describes the bungalow as requiring updating and modernisation throughout, making the extent and cost of works an important part of any purchase assessment.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
51out of 100
Grade DWeak opportunity
Confidence: LOW
At £290,000, this detached bungalow offers a clear light-refresh project, with dated finishes across the photographed rooms and scope to update the kitchen and bathroom alongside redecoration and flooring. Its standout feature is the extensive garden of around half an acre, with mature planting, plus a garage and parking; the exterior and roof look broadly intact in the available views. The boiler is stated to be not working, so that needs attention as part of the project.
The score is held back by value and economics that cannot yet be judged: floor area is missing, so the asking price cannot be compared with local £/sqf. The opportunity is appealing for its plot and straightforward improvement scope, but the available figures do not establish whether the price leaves room to create value.
Key opportunities
- Refresh dated finishes and flooring across the photographed rooms, with scope to modernise the kitchen and bathroom.
- Make the most of the approximately half-acre plot, including the large lawn and mature garden setting.
- Retain the benefit of a garage, multi-vehicle parking and solar panels, subject to checking the lease arrangements.
Key risks
- The oil-fired boiler is stated to be not working; establish the repair or replacement requirement.
- Substantial belongings obstruct parts of some photographed rooms, limiting inspection of their condition.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,185
Based on a loan of £217,500 over 30 years at 5.13% 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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