5, Lanoweth, Cornwall, TR10 8RP

A rare opportunity to acquire a detached two-bedroom bungalow within the popular residential area of Lanoweth, Penryn.

Requiring modernisation throughout, the property presents an exciting prospect for purchasers seeking a renovation project with considerable potential.

The accommodation currently comprises a sitting room, kitchen, two bedrooms and a bathroom, offering a practical layout with scope for improvement.

Externally, the property benefits from a detached garage and driveway parking. Prospective purchasers should note that the driveway is steep and may not be suitable for all vehicles.

The elevated position, however, provides an attractive setting and enhances the property's appeal.

Now in need of updating throughout, the bungalow offers an excellent opportunity for developers, investors or owner-occupiers wishing to create a home tailored to their own requirements.

Offered to the market with no onward chain, this is a fantastic opportunity to realise the potential of a detached bungalow in a highly sought-after location.

Location Lanoweth is a well-established residential area situated on the outskirts of the historic town of Penryn.

The location offers convenient access to a wide range of local amenities, including shops, schools, healthcare facilities and regular public transport links.

Penryn is one of Cornwall's oldest towns, renowned for its character, historic streets and vibrant community.

The town is home to a variety of independent businesses, cafés and public houses, whilst neighbouring Falmouth provides an extensive range of shopping, dining and leisure facilities.

The area is particularly popular due to its proximity to the university campus and the south Cornish coastline.

Beautiful beaches, scenic coastal walks and sailing facilities are all within easy reach, making this an attractive location for both permanent residents and investment purchasers alike.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).

Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.

These services are optional.