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Chacewater Hill, Chacewater

South West

£495,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This small holding, located on the outskirts of Chacewater, presents an exceptional investment opportunity, comprising approximately 1.6 acres of land with three dwellings and various former farm buildings. The main cottage features three bedrooms and a functional layout that could benefit from modern upgrades, while two additional one-bedroom cottages offer potential for rental income or extended family accommodation. The extensive grounds include gardens, ample parking, and a paddock, all with scenic views toward the village. The property’s outbuildings vary in size and condition, suggesting considerable potential for redevelopment into further residential units or commercial ventures, pending necessary planning permissions. This multi-faceted property is being sold without a chain, allowing for immediate exploration of its full potential. With easy access to local amenities in Chacewater and Truro just five miles away, this holding combines rural charm with practical convenience.

Investment Analysis

(TR4 area)
Area Average
£353/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -9.2%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on TR4 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

Chacewater Hill, Chacewater
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,785
Based on a loan of £371,250 over 30 years at 4.06% 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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