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Cotsland Road, Truro

South West

£450,000
Listed on 04/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1237 sqft

Description

This spacious four-bedroom detached family home, positioned at the end of a quiet cul-de-sac, offers significant renovation and investment potential. Set on a generous corner plot, the property features a large garden that presents opportunities for outdoor enhancements or extensions. Notably, planning consent for an extensive rear extension (PA19/02565) has already been granted, and preliminary groundwork has commenced, which keeps the approved plans active. Interested buyers are encouraged to seek professional advice regarding these aspects. Inside, the house comprises a welcoming entrance hallway leading to a dual-aspect living room that invites natural light. The ground floor also includes a dining room and a fitted kitchen equipped with built-in appliances such as an oven, hob, and extractor fan. Moving upstairs reveals four bedrooms, two of which come with en-suite facilities, along with a family bathroom that may require some updating. Additional exterior features include a double garage—potentially convertible subject to necessary consents—and ample driveway parking. The sizable garden offers both level areas and mature trees, providing ample space for children to play or for gardening enthusiasts to cultivate their green thumb. The property's location is particularly advantageous; it sits within walking distance of various local amenities including shops like Waitrose and Dunelm Mill, as well as educational institutions such as Archbishop Benson Primary School and Penair Secondary School. Moreover, the proximity to the city center enhances its appeal for families seeking convenience in daily living. Nearby footpaths provide easy access to scenic rural walks towards St Clement. This property is equipped with mains gas central heating and UPVC double glazing but does require some refurbishment—specifically within one of the en-suite shower rooms. Importantly, buyers should verify all information through inspection or professional counsel before proceeding. Overall, this home stands out not just for its current features but also for its remarkable scope for transformation—making it an enticing opportunity for those looking to invest in property in this desirable area.

Investment Analysis

(TR1 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£364/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£444,677
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Monthly Sales
23
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by +2.1% over the last 12 months
3 year growth: 8.5%
5 year growth: 21.1%
Investment Disclaimer: Analysis based on TR1 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

Cotsland Road, Truro
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