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Grenville Road, Truro - Image 1
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Grenville Road, Truro

South West

£200,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
448 sqft

Description

This three-bedroom semi-detached house presents a compelling opportunity for renovation enthusiasts or investors looking to create a personalized family home. Nestled in a convenient location within Truro, the property is just a short stroll from the vibrant city center, known for its diverse shopping options, restaurants, and cultural attractions. The layout features an entrance hallway leading to a sitting room, dining room, and kitchen on the ground floor. The first floor includes three bedrooms and a bathroom, making it well-suited for both families and potential rental options. Although the home requires comprehensive renovation, the space and structure offer great potential to be transformed into a modern living environment. Notable features of the property include off-road parking that can accommodate several vehicles, along with a detached garage—a rare find in this area. The gardens at both the front and rear provide additional outdoor space for gardening or recreation. The property is sold with no chain, allowing for a smoother transaction process. While a Concrete Screening Test confirms mortgage suitability due to the presence of Class A1 and A2 Mundic in the structure, please note that internal conditions will necessitate lender approval for financing. Living in Truro offers access to excellent educational institutions as well as transportation links—including mainline services to London (Paddington)—enhancing its appeal for families and professionals alike. With investment potential evident throughout this property, it awaits your vision to bring it back to life.

Investment Analysis

(TR1 area)

Above Market Value

This property is priced +39.1% above area average per sq ft

+39.1%
This Property
£446/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£158,115
10% above area average per sq ft
Potential ROI
-50.6%
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

Grenville Road, 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
£733
Based on a loan of £150,000 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