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Tremayne Road, Truro

South West

£235,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house, built in the 1930s, is positioned conveniently for access to Truro's amenities. The property requires modernisation, providing a valuable opportunity for investors or buyers looking to create their ideal home. It features PVC double glazing and gas central heating, with an entrance hall that leads to a living room with a bay window and a fireplace (currently not in use). The dining room includes a wood-burning stove and useful understairs storage. The compact kitchen offers a range of floor and wall-mounted units and connects to the outside area. Upstairs, the galleried landing provides access to three bedrooms, each offering views toward the viaduct in various directions. The bathroom includes both bath and shower facilities, along with a separate WC. The gardens surrounding the property are primarily laid to lawn with mature borders and include an outdoor bin store and WC. Parking is available for 1-2 cars along with a garage equipped with power and light. Notably, there is potential for building on the land within the garden; previous lapsed planning consent indicated suitability for a detached two-bedroom dwelling (subject to reapplication). However, it is important to note that a mundic report has identified mundic block within the premises, limiting buyer options primarily to cash buyers. Situated in an established residential area of Truro, this property combines renovation potential with investment prospects.

Investment Analysis

(TR1 area)
Area Average
£323/sq ft
Avg Rent (weekly)
£280
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -5.1%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on TR1 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

Tremayne Road, 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
£832
Based on a loan of £176,250 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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