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Kenwyn Street, Truro

South West

£175,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1287 sqft

Description

4 The Old School Mews presents a distinctive opportunity for those looking to invest in a character property with significant renovation potential. Nestled in a secluded spot within Truro, this unique dwelling is enriched with charming features such as exposed stone walls, beamed ceilings, and an eye-catching spiral staircase. The layout includes a spacious open-plan living area with dining space, a kitchen, and a bathroom on the ground floor, while the first floor accommodates three bedrooms, including a master en-suite and a mezzanine that adds to the property's character. Although currently in need of refurbishment, this residence offers the new owner the chance to personalize and enhance its already appealing attributes. With no onward chain and vacant possession available, this property is ready for immediate renovation projects. Truro itself boasts excellent amenities including shopping, restaurants, schools, and cultural sites such as the Hall for Cornwall and the historic Cathedral, making it a vibrant location for investment.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -57.7% below area average per sq ft

-57.7%
Potential saving
This Property
£136/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£455,360
10% above area average per sq ft
Potential ROI
+111.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by -3.7% over the last 12 months
3 year growth: +0.1%
5 year growth: +9.2%
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

Kenwyn Street, Truro
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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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