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Playing Place, Truro

South West

£450,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1066 sqft

Description

This detached bungalow, set on a desirable tree-lined avenue, offers immediate vacant possession without any onward chain. The property is conveniently located just 2.5 miles from the historic city of Truro, with a variety of local amenities easily accessible on foot. Currently requiring some modernization, it features three bedrooms and a shower room fitted with a white suite, along with spacious living areas that benefit from ample natural light. Additional highlights include double glazing, gas central heating, a garage, and generous parking space. The level gardens are well-maintained and back onto tranquil woodland, presenting an excellent opportunity for enhancement—ideal for expanding into a larger family home (subject to necessary consents) or simply refreshing to create a comfortable retirement residence. The accommodation is designed for easy accessibility, featuring level access from the garden and parking area into the reception hall. The dining room transitions into a kitchen equipped with essential fittings and plumbing for modern appliances. Notably, the lounge boasts large sliding doors leading to the rear gardens, creating a seamless connection to nature. With minor updates and potential reconfiguration of spaces, this property can significantly increase its value while offering an inviting environment surrounded by lush gardens and nearby rural walks. Whether you're looking to invest or create your dream home in this sought-after location, this bungalow represents a promising project.

Investment Analysis

(TR3 area)

Above Market Value

This property is priced +8.6% above area average per sq ft

+8.6%
This Property
£422/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£455,848
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR3)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -10.7%
5 year growth: +10.5%
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

Playing Place, Truro
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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
£1,594
Based on a loan of £337,500 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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