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Fore Street, Tregony

South West

£295,000
Listed on 24/01/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1120 sqft

Description

This three-bedroom end-of-terrace home presents a unique opportunity in the charming village of Tregony, known as the 'Gateway to the Roseland.' Having remained within the same family for many years, this property is now ready for a new chapter. It offers a solid foundation and characterful features, though it would benefit from modernization, making it an ideal canvas for renovation enthusiasts or investors looking to capitalize on its potential. The ground floor comprises a welcoming entrance hall that leads into a spacious sitting room with a bay window and feature fireplace. Adjacent to this is a kitchen/dining area equipped with ample storage and workspace, along with plumbing for essential appliances. This space can be transformed into a contemporary gathering place with an open-plan concept if desired. The first floor houses three generously proportioned bedrooms, one of which boasts dual aspect windows providing plenty of natural light. Additionally, there is a family bathroom and separate W.C., where there's considerable scope to enhance and expand the current layout. Outside, the property benefits from off-road parking for multiple vehicles—a significant advantage in this community-oriented village. The enclosed rear garden features established flowerbeds, a greenhouse, and a timber storage shed, offering opportunities for gardening enthusiasts or those looking to create an inviting outdoor space. Tregony enjoys convenient access to local amenities such as shops, schools, and healthcare facilities within walking distance. Being well-connected by public transport allows easy exploration of the surrounding Roseland Peninsula and its beautiful beaches. The city of Truro is approximately seven miles away, enhancing its appeal for those commuting or seeking vibrant urban experiences. In summary, this property not only promises comfortable living but also represents an investment opportunity with its renovation potential amidst the serene backdrop of Tregony's village life. Viewing is recommended to appreciate what this home could become with some thoughtful enhancements.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -33.7% below area average per sq ft

-33.7%
Potential saving
This Property
£263/sq ft
Area Average
£398/sq ft

Renovation Potential

Est. Renovation Cost
£29,500 - £73,750
10-25% of property value
Target Value
£489,782
10% above area average per sq ft
Potential ROI
+32.8%
After renovation
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +11.6% over the last 12 months
3 year growth: 0.2%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on TR2 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

Fore Street, Tregony
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