Worst House on the Street Logo
Cornubia Close, Truro, TR1 - Image 1
Cornubia Close, Truro, TR1 - Image 2
Cornubia Close, Truro, TR1 - Image 3
Cornubia Close, Truro, TR1 - Image 4
Cornubia Close, Truro, TR1 - Image 5
Cornubia Close, Truro, TR1 - Image 6
Cornubia Close, Truro, TR1 - Image 7
Cornubia Close, Truro, TR1 - Image 8
Cornubia Close, Truro, TR1 - Image 9
Cornubia Close, Truro, TR1 - Image 10
Cornubia Close, Truro, TR1 - Image 11

Cornubia Close, Truro, TR1

South West

£260,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
964 sqft

Description

This three-bedroom home is ideally situated in the vibrant heart of Truro, presenting a compelling opportunity for investors or first-time buyers. Having served as a successful rental property for several years, it offers robust potential for continued rental income or as a starter home for those entering the market. The ground floor features a spacious lounge that flows seamlessly into a kitchen and dining area, complemented by access to the rear garden. Upstairs, you'll find three well-proportioned bedrooms alongside a family bathroom, making this layout suitable for families, professionals, or housemates. Additionally, the property includes a private garage and on-street parking, enhancing its appeal. While the home has been well-maintained over the years, it does require some redecoration and modernization. This provides an excellent opportunity for new owners to personalize and enhance the space according to their tastes and preferences, potentially increasing its value significantly. Located conveniently close to Truro’s city center, residents can enjoy easy access to a diverse array of independent shops, cafes, and restaurants. Cultural attractions like the Cathedral and Hall for Cornwall theatre are nearby, along with various leisure facilities. Families will appreciate being within reach of reputable schools such as Archbishop Benson Primary School and Penair School. Everyday amenities including supermarkets and medical centers are just minutes away on foot. With Cornwall’s stunning coast and countryside only a short drive away, this property offers an attractive blend of urban convenience and access to natural beauty. Whether you’re looking to expand your rental portfolio or start your journey as a homeowner with ample room for improvement, this residence represents a versatile investment opportunity in an increasingly sought-after location.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£270/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£340,229
10% above area average per sq ft
Potential ROI
+23.7%
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

Cornubia Close, Truro, TR1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE