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Troon, Camborne

South West

£200,000
Listed on 13/06/2024

Property Details

Bedrooms
2
Type
Barn Conversion

Description

Presenting a unique investment opportunity in the tranquil village of Troon, this detached traditional stone barn comes with approved planning consent for conversion into two separate residential units. Each planned dwelling features two bedrooms, a sitting room, kitchen, utility room (in the larger barn), cloakroom, and a bathroom across two levels. The property benefits from enclosed gardens and dedicated parking spaces. With comprehensive planning permissions already secured from Cornwall Council, you can embark on this renovation project with confidence. The barns are set within a serene former farmyard environment, offering pleasant views and ample potential for modern living while retaining their historical charm. This venture not only provides the chance to create desirable homes but also represents a rare find in an increasingly competitive market.

Investment Analysis

(TR14 area)
Area Average
£266/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TR14)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +16.2%
Investment Disclaimer: Analysis based on TR14 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

Troon, Camborne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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