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Callestick, Truro

South West

£485,000
Listed on 01/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This charming two-bedroom cottage is nestled at the end of a long, private driveway and set within approximately 0.95 acres of mature gardens. Currently in need of complete renovation, Tanglewood Cottage presents a significant investment opportunity with the added benefit of planning permission (PA23/04131) granted for its demolition and replacement with a modern four-bedroom house, including a self-contained one-bedroom annexe and a double garage. The existing gardens are well-established, largely enclosed by a dense tree line that ensures privacy while offering ample space for outdoor activities or gardening. A gently sloping paddock provides further potential for landscaping or recreational use. Located conveniently between Truro and the north Cornish coast, this property benefits from accessibility to local amenities while retaining a peaceful setting as roadworks will soon reroute the main A30 further south. Essential services include mains electricity and private water and drainage systems, although these have not been tested. This property is ideal for those looking to capitalize on its redevelopment potential in this desirable region.

Investment Analysis

(TR4 area)
Area Average
£347/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +4.5% over the last 12 months
3 year growth: -8.8%
5 year growth: 11.1%
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

Callestick, Truro
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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
£1,777
Based on a loan of £363,750 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