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Compton Terrace, Truro, TR1

South West

£295,000
Listed on 24/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1151 sqft

Description

This end-of-terrace, double-fronted period home presents a compelling opportunity for renovation and investment in a highly desirable area of Truro. With 1,151 sq ft of adaptable living space, the property is primed for transformation, reflecting your personal style while retaining its inherent charm. The current layout features two generously sized reception rooms filled with natural light. The full-length lounge boasts a striking fireplace and original cherry wood flooring, complemented by windows on both sides that enhance the airy feel. Adjacent to the lounge is a separate dining room, along with a fitted kitchen at the rear that includes an AGA and a convenient WC nearby. A unique aspect of this property is the former green grocer's shop area, now converted into an annexe-style bedroom complete with its own shower room and kitchenette—ideal for guests or potential rental income. Upstairs, you’ll find three bedrooms—two doubles and a single—alongside a family bathroom. The property is rich in character, showcasing features such as period fireplaces, original floorboards, high skirting boards, stained glass windows, and picture rails. Modern comforts are also covered with efficient gas heating provided by a contemporary boiler. Outside, the courtyard garden offers ample space for outdoor entertaining and benefits from side access. In addition to this private retreat, there’s potential parking space at the front that has previously accommodated a small car. Enjoy views of the iconic cathedral from both the garden and several rooms within the home. Situated on Campfield Hill, Compton Terrace allows for true city center living with every amenity just a short walk away. You can easily reach New and Old Bridge Street where independent shops, cafes, and bars thrive leading right into the city center. Families will appreciate proximity to highly regarded schools like Archbishop Benson primary school and local favorites such as The Rising Sun pub known for its excellent cuisine. With nearby parks like Daubuz Moors and Tremorvah Playing Field perfect for leisurely strolls or family activities, outdoor options abound. The convenience of transportation links—including quick access to the A30—enhances this location’s appeal. As the capital of Cornwall, Truro offers a vibrant lifestyle year-round with an impressive selection of restaurants, shopping venues ranging from global brands to charming local markets, and cultural highlights including the recently revamped Hall for Cornwall and historic sites like Truro Cathedral. Regular city events such as food festivals and Christmas markets provide additional community connection. This property not only offers character and ample renovation potential but also places you in

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -20.1% below area average per sq ft

-20.1%
Potential saving
This Property
£256/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
£406,228
10% above area average per sq ft
Potential ROI
+14.4%
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

Compton Terrace, Truro, TR1
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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
£1,081
Based on a loan of £221,250 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