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Polsue Way, Tresillian, Truro, Cornwall, TR2

South West

£270,000
Listed on 02/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1497 sqft

Description

Discover the unique investment potential of this 2-bedroom detached bungalow, originally designed as a 3-bedroom home. Situated in a highly sought-after area, this property boasts an elevated position that offers stunning views of a picturesque creek, making it an ideal project for those looking to realize their vision. The property is accessed via a long, private driveway that provides ample off-road parking for up to four vehicles, ensuring both convenience and seclusion. Upon entering through the welcoming conservatory, you're greeted by breathtaking views that create a tranquil atmosphere—perfect for enjoying leisurely mornings or quiet evenings. The interior features a spacious hallway leading to a generous dual-aspect living room that is filled with natural light. This comfortable space includes a cozy gas fireplace, enhancing the inviting ambiance. Adjacent to the living area is a large kitchen that presents numerous possibilities for renovation, allowing you to reimagine it into a modern culinary haven tailored for entertaining guests. The kitchen's layout also provides direct access to the beautifully landscaped rear garden, facilitating effortless indoor-outdoor living. Both double bedrooms are well-proportioned, with the master bedroom offering uninterrupted views of the creek—an idyllic retreat at any time of day. The property includes a sleek shower room and an additional separate WC for added convenience. A sizable single garage offers storage options and could potentially be transformed into extra living space with appropriate planning permission. Outside, you'll find tiered gardens that envelop the property, creating a serene escape filled with mature landscaping—a perfect setting for relaxation and enjoyment of nature’s beauty. With rolling fields surrounding the home, this location ensures privacy while still being near essential amenities. For those considering renovation or investment opportunities, this bungalow stands out as an exceptional candidate for development. Its unique characteristics and stunning location make it suitable for transformation into an exquisite residence or even an ambitious architectural project. Whether aiming to develop your dream home or seeking an appealing investment prospect, this property offers versatility and considerable potential. Early viewing is recommended to fully appreciate what this distinctive bungalow has to offer and to explore its myriad possibilities.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -52.9% below area average per sq ft

-52.9%
Potential saving
This Property
£180/sq ft
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£630,604
10% above area average per sq ft
Potential ROI
+91.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +13.9% over the last 12 months
3 year growth: -3.4%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TR2 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

Polsue Way, Tresillian, Truro, Cornwall, TR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE