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New Hill Estate, Grampound, Truro, Cornwall, TR2

South West

£150,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
851 sqft

Description

Nestled in the sought-after New Hill Estate of Grampound, this three-bedroom terraced home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. The home is available with no onward chain, making it an appealing option for first-time buyers, families, or savvy investors eager to capitalize on a promising market. The layout spans two floors and features a generous living room, a separate kitchen that leads to the rear garden, and a functional design that supports day-to-day family living. Upstairs, you will find three well-sized bedrooms alongside a family bathroom. Externally, the property includes off-street parking at the front, while the rear garden offers a private retreat that can be transformed through landscaping or personal touches. Although the home currently requires modern updates, it serves as an excellent blank canvas for future owners to imprint their style and preferences. Positioned conveniently within reach of local amenities and transport links, New Hill Estate fosters a welcoming community atmosphere while providing easy access to Truro, St Austell, and the picturesque Cornish countryside. This property is not just a house; it's an opportunity to create your ideal family home.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -53.2% below area average per sq ft

-53.2%
Potential saving
This Property
£176/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£249
Avg Yield
2.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£352,535
10% above area average per sq ft
Potential ROI
+95.9%
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

New Hill Estate, Grampound, 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
£541
Based on a loan of £112,500 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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