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Penweathers, Near Truro

South West

£325,000
Listed on 11/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
895 sqft

Description

This charming detached cottage is situated on the outskirts of Truro, set within an expansive 1.36-acre plot that provides ample opportunity for both renovation and expansion. While the property requires modernisation, it remains fully habitable and offers significant potential for enhancement. The layout includes two double bedrooms upstairs, complemented by a sitting room, dining room, kitchen, and shower room on the ground floor. Notably, there is an opportunity to extend the property or possibly erect a garage, subject to obtaining the necessary consents. The cottage features a centrally heated interior that boasts original characteristics such as exposed beams and period details, alongside practical amenities including mains water and electricity. The generous gardens are predominantly lawned with a gently sloping paddock ideal for cultivating an orchard or pursuing hobby farming activities. Notably private yet conveniently located just a mile from Truro city centre, this property offers a unique blend of rural charm with accessibility to urban amenities. With its enchanting countryside views and substantial grounds, this detached cottage presents an enticing project for investors or those looking to create their dream home in a sought-after area.

Investment Analysis

(TR3 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£363/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£382,921
10% above area average per sq ft
Potential ROI
-0.5%
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

Penweathers, Near Truro
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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
£1,172
Based on a loan of £243,750 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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