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Higher Terrace, Ponsanooth, Truro, TR3

South West

£240,000
Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
951 sqft

Description

This charming three-bedroom home in the desirable village of Ponsanooth presents an excellent opportunity for buyers looking to invest in a property with character and renovation potential. Nestled in a vibrant community, the mid-terrace house is conveniently located within walking distance to local amenities and offers quick access to Truro and Falmouth. While the current owners have initiated some modernization efforts, there remains significant scope for further enhancement tailored to personal taste. The ground floor features an inviting entrance porch that leads into a spacious dining area, perfect for gatherings. The cozy sitting room, accentuated by a wood-burning stove, offers warmth and comfort. The existing kitchen and utility area provide functionality but would benefit from upgrading to maximize their utility and aesthetic appeal. A ground floor shower room is also included. Upstairs, you’ll find three generous double bedrooms, two of which boast lovely village views—ideal for families or investors seeking rental opportunities. Outside, the south-west facing garden is a delightful space bathed in sunlight throughout the day, complete with various seating areas, a level lawn, and a versatile outbuilding suitable for storage or hobbies. Ponsanooth is known for its strong community spirit and excellent amenities including a local pub, post office, shop, and primary school. This property stands out as an attractive option in today’s market due to its blend of charm, location advantages, and promising renovation prospects that can significantly increase its value.

Investment Analysis

(TR3 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£252/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£406,881
10% above area average per sq ft
Potential ROI
+48.0%
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
32%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -13.7%
5 year growth: +15.0%
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

Higher Terrace, Ponsanooth, Truro, TR3
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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
£866
Based on a loan of £180,000 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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