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Hale Mills, Twelveheads, Truro, Cornwall, TR4

South West

£885,000
Listed on 14/10/2025

Property Details

Bedrooms
5
Type
Detached
Area
2478 sqft

Description

This charming rural smallholding offers a unique investment opportunity set within a tranquil Cornish landscape, ideally located between Truro and Falmouth. The property spans approximately 6.83 acres and includes a generous five-bedroom residence that complements its rustic surroundings. Originally designed as a barn, the house has been extensively updated yet retains many original features, making it both spacious and inviting. With room for potential enhancements, including the garage and workshop for possible residential conversion, this property presents ample scope for further development. Surrounding the home are beautifully tiered gardens filled with mature trees and various flowering plants, along with productive vegetable patches, all of which have been lovingly cultivated over the past 25 years. The grounds offer serene views of the lush farmland that envelopes the estate. The outbuildings add more versatility to the property, ranging from stables to tool storage, with options for equestrian use or customization to suit personal hobbies or business ventures. Each area is equipped with power and light, enhancing their potential utility. Additionally, the land's layout is particularly suitable for livestock or equestrian activities given its well-maintained paddocks and direct access to the Bissoe Trail—a fantastic asset for outdoor pursuits such as horse riding and cycling. This location not only affords privacy but also provides access to nearby amenities in Carnon Downs while being just a short drive from larger urban centers. Investors will appreciate the possibility of expanding upon existing structures and utilizing land effectively to increase value in this desirable area of Cornwall.

Investment Analysis

(TR4 area)

Above Market Value

This property is priced +1.8% above area average per sq ft

+1.8%
This Property
£357/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£956,211
10% above area average per sq ft
Potential ROI
-2.9%
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

Hale Mills, Twelveheads, Truro, Cornwall, TR4
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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
£3,192
Based on a loan of £663,750 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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