Worst House on the Street Logo
The Leats, Truro - Image 1
The Leats, Truro - Image 2
The Leats, Truro - Image 3
The Leats, Truro - Image 4
The Leats, Truro - Image 5

The Leats, Truro

South West

£495,000
Listed on 11/06/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This distinguished detached period townhouse is situated in the heart of Truro, currently serving as office space but brimming with potential for conversion into a spacious residential home, subject to necessary planning permissions. The property's character is highlighted by features such as an elegant turning staircase, stunning bay windows that flood the rooms with light, and exquisite tessellated tile work in the entrance. Located in an elevated position within the city center, the property benefits from ample parking for several vehicles, and there is also the possibility of adding a garage or covered parking area, contingent upon obtaining appropriate consents. Notably, this property is not listed and lies outside conservation areas, providing greater flexibility for future alterations or development opportunities. There is significant potential here to reconfigure the space into multiple apartments or create a comfortable family residence. The interior boasts a well-proportioned layout, with five bedrooms and various functional spaces that can easily be adapted to suit modern living requirements. Each room retains its unique charm while offering a blank canvas for renovation ideas. The ground floor includes multiple reception areas that lead directly to a small courtyard at the rear. Truro itself offers an array of amenities including shopping facilities, diverse dining options, both private and public schools, and access to mainline rail services to London Paddington. The cultural vibrancy of the city is enhanced by venues such as the Hall for Cornwall and attractions like the Royal Cornwall Museum and Truro Cathedral. The property invites exploration and offers substantial scope for transformation — viewing is highly recommended to fully appreciate its size and possibilities for future investment.

Investment Analysis

(TR1 area)
Area Average
£327/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£49,500 - £123,750
10-25% of property value
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

The Leats, Truro
Map showing location of The Leats, Truro
Open Map