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Well Street, Tregony, Truro, Cornwall, TR2

South West

£475,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1730 sqft

Description

Tucked away in a highly private setting, this appealing detached bungalow occupies a generous parcel of land with sweeping views of the idyllic countryside. Despite its tranquil surroundings, it is just a short walk from the lively village of Tregony, offering an attractive blend of serenity and accessibility. Originally constructed in 1958 and lovingly maintained by one family, this home now offers significant potential for modernization and refurbishment. With the right vision, it could undergo extension or even redevelopment (subject to relevant planning permissions), making it particularly appealing to developers due to its spacious plot that could accommodate multiple dwellings. The interior boasts ample living space, featuring a large sitting room equipped with a picture window that frames stunning rural views. The property comprises three nicely sized bedrooms, a separate dining area, a practical kitchen, and a modern bathroom. Additionally, a former garage has been transformed into a flexible utility space that could easily serve as an extra bedroom if needed. With electric heating and double glazing in place, this home ensures comfort throughout the year. A long driveway provides plentiful off-road parking for several vehicles, as well as space for a boat or caravan. The expansive gardens are another highlight, basking in sunlight and showcasing uninterrupted countryside vistas—a delightful outdoor retreat at any hour.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -28.3% below area average per sq ft

-28.3%
Potential saving
This Property
£275/sq ft
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£728,754
10% above area average per sq ft
Potential ROI
+36.2%
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

Well Street, Tregony, 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
£1,740
Based on a loan of £356,250 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