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Bodmin Road, Truro, Cornwall, TR1

South West

£350,000
Listed on 21/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1401 sqft

Description

This three-bedroom detached home presents a prime opportunity for renovation and expansion, nestled just one mile from the vibrant centre of Truro. The property is well-structured, featuring two reception areas, a kitchen/breakfast room, along with two utility rooms and a cloakroom on the ground floor. The first floor accommodates three bedrooms and a bathroom. Set on approximately 0.18 acres of mature gardens, this residence includes an attached garage and ample off-street parking for several vehicles. While the interior requires modernisation, it boasts gas central heating and double glazing, signalling a solid foundation for improvement. Additionally, there is significant potential for extension, subject to planning consent from Cornwall Council. The property benefits from its desirable location, which is close to local amenities including shops, restaurants, and schools, making it an attractive investment for those looking to create their ideal family home.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -23.0% below area average per sq ft

-23.0%
Potential saving
This Property
£250/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£500,010
10% above area average per sq ft
Potential ROI
+25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by +3.0% over the last 12 months
3 year growth: 4.1%
5 year growth: 18.1%
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.

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Location

Bodmin Road, Truro, Cornwall, TR1
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