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Hale Mills, Twelveheads, Truro, Cornwall, TR4

South West

£850,000
Listed on 14/10/2025

Property Details

Bedrooms
5
Type
Detached
Area
2478 sqft

Description

This rural smallholding presents a rare opportunity for investment and renovation in the heart of the Cornish countryside, situated conveniently between Truro and Falmouth. Encompassing 2.21 acres, this property features a spacious five-bedroom farmhouse that combines rustic charm with modern living. The home boasts generous open-plan spaces filled with natural light, high ceilings, and characterful features including granite finishes and a woodburning stove. With two en-suite bedrooms and additional ground-floor accommodations, there is excellent potential for multi-generational living or guest space. The extensive grounds include an established cottage garden designed over 25 years, alongside several versatile outbuildings such as a traditional stone barn, workshop with inspection pit, and double garage—each offering significant development possibilities subject to obtaining necessary permissions. These structures could cater to various uses from equestrian facilities to residential conversions. The surrounding land consists of well-maintained grass paddocks ideal for livestock or horses, complemented by direct access to the Bissoe Trail which provides miles of off-road exploring opportunities. The tranquil location is enhanced by nearby amenities in Carnon Downs and excellent transport links including mainline train services and proximity to Newquay International Airport. With some refurbishing efforts, this property could truly flourish as a thriving smallholding or equestrian venture in one of Cornwall’s most picturesque settings.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£343/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£948,715
10% above area average per sq ft
Potential ROI
+0.9%
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
9%
Properties sold annually

Local Market Trend (TR4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -6.6%
5 year growth: +12.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,011
Based on a loan of £637,500 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.

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