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Tregurra Lane, Truro

South West

£380,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1302 sqft

Description

This three-bedroom detached bungalow offers a wealth of potential for those looking to invest or renovate in a prime location. Built around 1935, the property is generously sized and features well-proportioned rooms that can be tailored to suit modern living. The layout includes two spacious reception areas, making it ideal for both relaxation and entertaining. Situated on Tregurra Lane, the home boasts ample outdoor space with a sizeable garden that provides opportunities for gardening enthusiasts or safe play areas for children. Additional conveniences include a driveway and a single garage, ensuring parking is straightforward. While the interior may require updating, this presents an exciting opportunity to create a personalized living space that reflects your style and preferences. The existing mains gas central heating system adds comfort throughout the year. Location plays a significant role in the appeal of this property. It lies within easy reach of Archbishop Benson Primary School and Penair Secondary School, making it particularly suitable for families. Nearby amenities include Waitrose supermarket and various local shops, ensuring everyday necessities are just a short walk away. The vicinity offers excellent transport links, with quick access to the A30 and A39. Residents can enjoy both urban conveniences and the tranquility of surrounding rural walks. Truro city center is nearby, providing a diverse mix of independent shops, restaurants, bars, and cultural venues such as a cinema and theatre. For those commuting further afield, Truro's mainline railway station facilitates travel to London and beyond. With its combination of space, location, and investment potential, this detached bungalow on Tregurra Lane represents an opportunity not to be missed for buyers eager to mold their ideal home in a vibrant community setting.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£292/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£459,521
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 3.6%
5 year growth: 15.1%
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.

Location

Tregurra Lane, Truro
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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
£1,392
Based on a loan of £285,000 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