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Nr. Chacewater, Truro

South West

£300,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
863 sqft

Description

This detached period cottage offers a unique opportunity for transformative improvement in a tranquil rural setting. With two bedrooms, a study (which could potentially serve as a third bedroom), and an expansive garden of approximately 0.87 acres, the property is ripe for renovation. The large outbuilding, measuring about 21m x 11m, provides additional potential for varied uses, whether as storage, workshop space or potentially conversion to functional living area subject to planning permissions. The interior features a traditional lounge/dining room with an open fireplace and exposed beams that can be revitalized into a cozy living space. Although the kitchen has been removed and heating systems are absent, these factors allow for flexibility in design and modernization according to personal tastes. Located on the outskirts of Chacewater, this property is just minutes away from village amenities while ensuring a peaceful lifestyle free from close neighbors. Ideal for cash buyers seeking a project that could culminate in an impressive home with plenty of outdoor space.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -1.6% below area average per sq ft

-1.6%
Potential saving
This Property
£348/sq ft
Area Average
£353/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£335,245
10% above area average per sq ft
Potential ROI
-14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -9.2%
5 year growth: +9.5%
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

Nr. Chacewater, 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
£1,082
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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