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Lanyon Road, Playing Place, Truro, Cornwall, TR3 - Image 1
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Lanyon Road, Playing Place, Truro, Cornwall, TR3

South West

£429,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached dormer bungalow presents a remarkable opportunity for those looking to invest in a property with great potential. Located in a desirable village, it is situated on an expansive plot that includes multiple outbuildings, making it ideal for buyers envisioning renovations or alternative uses. The property is accessed via a private drive, ensuring peace and privacy while being conveniently close to local amenities. Upon entering, you're greeted by a spacious hallway leading into the bright living room, which features large windows that enhance its welcoming ambiance. The adjoining dining room is versatile for various occasions and connects seamlessly to a generous conservatory—an attractive space perfect for year-round enjoyment or entertaining. The kitchen offers modern appliances and ample counter space, designed to integrate with the living areas smoothly. A double bedroom with en-suite adds comfort on the ground level, while a separate study with its own entrance could serve as an annexe or home office, catering to multi-generational needs or guest accommodation. Upstairs reveals two additional double bedrooms and a contemporary family shower room, maximizing living space while providing opportunities for personal touches and improvements throughout the house. The extensive rear garden not only provides privacy but also houses substantial outbuildings—one already equipped with electricity—that could be transformed into studios or workshops, adding further value. Overall, this property combines charm with significant potential for renovation and customization, making it suitable for families seeking spacious living solutions or investors aiming to create bespoke homes.

Investment Analysis

(TR3 area)
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -14.5%
5 year growth: 22.0%
Investment Disclaimer: Analysis based on TR3 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

Lanyon Road, Playing Place, Truro, Cornwall, TR3
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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
£1,572
Based on a loan of £321,750 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