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George Street, Truro, TR1

South West

£180,000
Listed on 27/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
831 sqft

Description

This charming double-fronted cottage presents a unique opportunity for renovation and investment in a highly sought-after location. Just minutes away from the city center, this property offers convenient access to the train station, supermarkets, and both primary and secondary schools, making it an ideal choice for families and professionals alike. The interior of the cottage is surprisingly spacious, featuring characterful details such as exposed beam ceilings and a stone fireplace with an ornate coal effect fire in the lounge/dining area. The traditional kitchen is equipped with an oven and hob, while the first floor hosts two generously sized double bedrooms with fitted wardrobes. The bathroom includes a corner bath along with an additional electric shower, providing ample facilities for comfortable living. Externally, the property boasts a compact courtyard garden that faces southwest, offering a private outdoor space bathed in natural light. A small gated front garden leads to the entrance of the cottage. Permit parking can be arranged through Cornwall Council, ensuring convenience for residents. Located just downhill from Truro’s city center, this cottage is perfectly positioned for enjoying all that the area has to offer. Truro serves as the administrative hub for Cornwall and provides a diverse range of amenities including museums, art galleries, theaters, restaurants, and leisure activities such as golf and tennis. For those who enjoy outdoor pursuits, nearby sandy beaches and rugged coastlines provide opportunities for surfing and water sports. With significant potential for updates and improvements, this property could easily be transformed into a stylish home or serve as an attractive investment opportunity in a thriving community. The excellent transport links—including mainline rail services to London/Paddington and flights from Cornwall Airport (Newquay)—enhance its appeal further. This freehold property features mains water, drainage, electricity, gas services, UPVC double glazing throughout, and mains gas central heating. The Energy Performance Certificate (EPC) rating stands at E.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£217/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£296,580
10% above area average per sq ft
Potential ROI
+44.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by +3.0% over the last 12 months
3 year growth: 4.1%
5 year growth: 18.1%
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.

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Location

George Street, Truro, TR1
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