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Truro TR4

South West

£425,000
Listed on 30/07/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow offers significant renovation and investment potential, situated on a generous corner plot that provides ample space for possible extensions or the addition of a garden room or annexe, subject to obtaining the necessary planning consents. Nestled in a quiet position within the sought-after village of Trispen, the property is conveniently located just minutes from local amenities and the A30, with easy access to Truro city center. As you enter, a welcoming hallway leads you into spacious living areas designed with functionality in mind. The semi-open plan kitchen and dining/living space offers an inviting atmosphere perfect for family gatherings. The kitchen features a practical layout with a range of base and wall-mounted cabinetry, work surfaces, and a breakfast bar ideal for casual dining. It includes an electric hob with an extractor hood, built-in oven, and plumbing provisions for modern appliances. Adjacent to the kitchen is a sizable lounge area complete with a feature fireplace and log burner, providing comfort on cooler evenings while large windows offer views of the rear garden. A utility area off the kitchen enhances practicality, featuring additional storage, plumbing for laundry appliances, and access to outdoor spaces. The three double bedrooms provide comfortable accommodation options, while the bathroom is fitted with essential amenities including both bath and separate shower facilities. Externally, the property boasts an expansive rear garden that distinguishes it from others on the market. Enclosed by established borders for privacy, this level space includes mature trees and shrubs alongside a former greenhouse site and timber storage shed. There’s also potential for creating a vegetable garden or introducing further landscaping elements. Given its size and layout, there is scope to develop additional outdoor structures such as a garden room or annexe (subject to consents), allowing new owners opportunities for personal customization or multi-generational living arrangements. At the front of the property lies another lawned area leading to the entrance along with convenient side access to the rear garden. The garage offers secure storage solutions while parking options include one designated space near the garage plus additional resident parking available nearby. In summary, this bungalow not only presents comfortable living but also represents an exciting opportunity to enhance value through renovation or expansion efforts in this desirable location.

Investment Analysis

(TR4 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Monthly Sales
10
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +5.8% over the last 12 months
3 year growth: -3.9%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on TR4 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

Truro TR4
Map showing location of Truro TR4
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