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Grampound Road, Truro, Cornwall, TR2 - Image 1
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Grampound Road, Truro, Cornwall, TR2

South West

£635,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2207 sqft

Description

This smallholding features a charming five-bedroom farmhouse, set on approximately 4.40 acres of land, along with various traditional and modern agricultural buildings. The farmhouse boasts characterful elements such as slate flagstone flooring and multiple fireplaces, one of which includes a clome oven, providing a unique opportunity for renovation enthusiasts to restore and personalize the space. While the property is in need of significant refurbishment, its size and layout offer excellent potential for transformation into a comfortable family home or even a guest accommodation setup, as it has historically operated as a Bed and Breakfast. Located in a tranquil rural area yet conveniently accessible from major routes like the A390 and A30, the surroundings are peaceful while still being within reach of local amenities found in nearby villages. The additional outbuildings present further options for redevelopment—subject to planning permissions—which could enhance the property's value or serve alternative uses. With no onward chain for sale, this property represents an interesting investment opportunity in a desirable location that is also well-connected to both coasts of Cornwall.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£288/sq ft
Area Average
£383/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£929,688
10% above area average per sq ft
Potential ROI
+23.1%
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

Grampound Road, Truro, Cornwall, TR2
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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
£2,326
Based on a loan of £476,250 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