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Ventonlace, Grampound Road, Truro

South West

£269,950
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
369 sqft

Description

This link-detached family home features three bedrooms and is situated at the end of a peaceful cul-de-sac, providing a serene setting in a desirable village. While the property requires updating throughout, it presents a compelling opportunity for renovation, making it an ideal prospect for first-time buyers, families, or investors looking to enhance value through modernization. The downstairs layout includes a front-facing sitting room and a kitchen/diner at the rear, perfect for reconfiguration to suit contemporary living needs. Storage is available with an under-stairs cupboard, and upstairs you will find three well-proportioned bedrooms along with a family bathroom. The property benefits from mostly UPVC double glazing, contributing to energy efficiency and comfort. A noteworthy feature of the home is the generous rear garden, predominantly laid to lawn, which offers ample space for landscaping or potential extension (subject to necessary approvals). Additionally, there is off-road parking and a garage equipped with an electric up-and-over door and pitched roof for extra storage options. Access points connect the garage and garden to the kitchen and side gate. Located in Grampound Road between St Austell and Truro, this property enjoys access to local amenities such as a Post Office, shop, and primary school recognized for its quality. A regular bus service provides convenient transportation links to both cities, expanding options for shopping, education, and services. The home operates on gas central heating with mains water and drainage. This property is being sold as part of an estate closure with no onward chain involved. With its need for updates paired with its significant investment potential in an appealing location, this house awaits new owners ready to transform it into their ideal living space.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +91.0% above area average per sq ft

+91.0%
This Property
£732/sq ft
Area Average
£383/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£155,439
10% above area average per sq ft
Potential ROI
-49.0%
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

Ventonlace, Grampound 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
£989
Based on a loan of £202,462 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