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East Hill, Blackwater, Truro

South West

£850,000
Listed on 04/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3190 sqft

Description

This Grade II listed farmhouse presents an intriguing opportunity for renovation and investment, set within over 5 acres of gently sloping land that offers stunning rural vistas. The main dwelling features five bedrooms and showcases a blend of historic charm alongside modern enhancements, making it a versatile property for potential future developments (subject to appropriate consents). Although some renovations have been undertaken by the current owners—such as the impressive kitchen with quartz worktops and bespoke wooden windows—there remains ample scope for further updates. The unique layout consists of two spacious reception rooms, utility space, and additional self-contained accommodation attached to the principal house, which could serve various ancillary purposes or guest living arrangements. Outside, the farmhouse is approached via an inviting tree-lined driveway leading to a generous parking area. Mature gardens with well-maintained lawns create an appealing outdoor environment, complete with seating areas that take advantage of the panoramic views. The extensive outbuildings offer significant potential for conversions or equestrian use, supported by established paddocks perfect for hobby farming or livestock. Located near Blackwater village, this property not only boasts tranquil seclusion but also convenience to local amenities and transport links. This reflects a rare opportunity where character meets potential.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£266/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,230,957
10% above area average per sq ft
Potential ROI
+26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (TR4)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -8.0%
5 year growth: +11.4%
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

East Hill, Blackwater, 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
£3,066
Based on a loan of £637,500 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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