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Hale Mills, Twelveheads, Truro, Cornwall, TR4

South West

£850,000
Listed on 27/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2478 sqft

Description

This expansive rural smallholding presents a remarkable opportunity for renovation and investment in the serene Cornish countryside, nestled between Truro and Falmouth. Encompassing approximately 2.21 acres, the property features a substantial five-bedroom farmhouse that has been substantially extended from its original barn structure. While it boasts a blend of rustic elements and contemporary living with high ceilings and light-filled spaces, there is potential for further enhancements to modernise or expand the residence. The sophisticated layout offers flexible living options, including en-suite facilities in two of the bedrooms and the possibility to convert existing outbuildings such as the double garage and detached workshop into additional living or working spaces (subject to necessary consents). The idyllic gardens are well-established but could benefit from refreshing to fully utilise their scenic potential. Moreover, with direct access to the Bissoe Trail, which invites outdoor enthusiasts for horse riding or cycling adventures, this property stands out not just as a home but as an investment in lifestyle. With practical grazing infrastructures already in place, it is also ideal for equestrian or smallholding pursuits. The surrounding area supports community engagement with local amenities just a short drive away while maintaining a peaceful atmosphere, making it attractive for families or those looking to escape city life. This property represents an exceptional chance to create a bespoke retreat in an accessible yet tranquil location in Cornwall.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -2.2% below area average per sq ft

-2.2%
Potential saving
This Property
£343/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£956,211
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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
£3,066
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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