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Truro, Cornwall

South West

£310,000
Listed on 19/07/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1345 sqft

Description

This four-bedroom residence, featuring a loft conversion, occupies a strategically advantageous location near local amenities such as the hospital and college. This property presents excellent investment potential or serves as a spacious family home. The ground floor boasts generous living spaces, including a bright living room highlighted by a bay window and a separate dining area with access to a sunny sunroom. The galley kitchen includes essential appliances but could benefit from modernisation to enhance functionality and aesthetics. On the first floor, you will find three inviting bedrooms along with a family bathroom. Ascending to the loft conversion reveals an expansive fourth bedroom that is well-lit thanks to a large Velux window, along with additional loft storage. Externally, ample off-street parking and a garage provide practical storage solutions, while the enclosed rear garden offers outdoor space for relaxation or potential landscaping projects. With modernization needed throughout, this property holds significant renovation potential for those looking to invest in an up-and-coming area.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£230/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£478,914
10% above area average per sq ft
Potential ROI
+36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (TR1)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +0.8%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on TR1 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

Truro, Cornwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,118
Based on a loan of £232,500 over 30 years at 4.06% 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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