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Carvoza Road, Truro

South West

£575,000
Listed on 18/07/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1453 sqft

Description

This attractive semi-detached Victorian house, available for the first time in over forty years, presents a rare opportunity for renovation in a desirable area close to Truro city centre. Boasting five bedrooms and ample living space including a sitting room, lounge, dining room, and kitchen/breakfast room, this property retains many charming period features such as high ceilings and original fireplaces, making it a potentially stunning home after refurbishment. The property is set on a plot with private gardens that enjoy afternoon and evening sun along with expansive views towards Kenwyn. While the house has been well-maintained by its owners, it requires modernization to fully realize its potential. The layout offers flexibility across two floors and includes useful outbuildings that can enhance functionality. This home is perfect for those looking to invest in a project that promises significant rewards in an increasingly popular area of Truro. With no onward chain and significant space both inside and out—including a detached garage/workshop—this residence is ready for someone with vision. The location further adds to its appeal with convenient access to local amenities, schools, and scenic areas suitable for outdoor activities.

Investment Analysis

(TR1 area)

Above Market Value

This property is priced +23.3% above area average per sq ft

+23.3%
This Property
£396/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£512,815
10% above area average per sq ft
Potential ROI
-21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 3.6%
5 year growth: 15.1%
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

Carvoza Road, Truro
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,106
Based on a loan of £431,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE