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New Hill Estate, Grampound, Truro, Cornwall, TR2

South West

£150,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Terraced
Area
851 sqft

Description

Situated in the sought-after New Hill Estate of Grampound, this three-bedroom terraced property represents a promising opportunity for those eager to invest in a home with significant potential for modernisation. With no onward chain, it's an appealing choice for first-time buyers, families, or investors keen to enhance value through refurbishment. The layout spans two floors and features a generous living area alongside a separate kitchen that opens out to the rear garden. This arrangement is conducive to family life while also providing room for creative redesign. The upper floor comprises three well-sized bedrooms complemented by a family bathroom. Externally, on-street parking is available at the front, and the secluded rear garden holds great promise for landscaping or personalisation to create a unique outdoor retreat. Although the home currently requires some updates, it serves as an ideal blank canvas ready for customization according to individual preferences. Located conveniently near local amenities and transport links, New Hill Estate fosters a vibrant community atmosphere while offering easy access to Truro, St Austell, and the picturesque Cornish countryside. This property stands as an excellent opportunity for buyers looking to make their mark on a family home with ample space and endless possibilities.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -53.7% below area average per sq ft

-53.7%
Potential saving
This Property
£176/sq ft
Area Average
£380/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£355,999
10% above area average per sq ft
Potential ROI
+92.4%
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
5%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -4.0%
5 year growth: -2.7%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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