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Hicks Close, TRURO, Cornwall, TR2

South West

£300,000
Listed on 26/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1077 sqft

Description

Nestled in a spacious corner plot within the desirable cul-de-sac of Hicks Close, Probus, this 3/4 bedroom link-detached property presents a unique opportunity for those looking to invest in a home with renovation potential. The residence is offered chain-free, making it an attractive proposition for buyers eager to customize their living space to fit modern needs.<br><br>On the ground floor, an inviting entrance hall leads into a sunlit living room and a sizeable kitchen/diner that offers ample room for family gatherings and entertainment. A convenient downstairs WC is also available, along with an additional reception room that could easily transform into a fourth bedroom or a dedicated office space, providing flexibility to adapt to various lifestyle requirements.<br><br>Upstairs, three bedrooms are serviced by a family bathroom equipped with both a bath and overhead shower. Outside, the property benefits from front and rear gardens perfect for outdoor activities, alongside off-street parking options with both a driveway and garage for essential storage.<br><br>While some updating is needed throughout the home, it stands as an exceptional canvas for creating the ideal family environment in this sought-after village setting. Probus itself is well-connected, located northeast of Truro with easy access to local amenities including shops, a pub, and medical services, as well as excellent transport links to Truro and St Austell. This location combines rural charm with everyday convenience.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -26.0% below area average per sq ft

-26.0%
Potential saving
This Property
£279/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£249
Avg Yield
2.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£446,158
10% above area average per sq ft
Potential ROI
+31.2%
After renovation
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
50%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +6.3% over the last 12 months
3 year growth: 0.0%
5 year growth: 3.0%
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

Hicks Close, TRURO, Cornwall, TR2
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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
£1,082
Based on a loan of £225,000 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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