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4 Bonython Drive Grampound, Truro, TR2 4RL

South West

£150,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
934 sqft

Description

This vacant freehold 3-bedroom detached bungalow in Grampound, near Truro, presents a valuable opportunity for renovation and investment. While it offers a solid structure and generous single-storey layout, the property is ready for modernisation to unlock its full potential. Internally, you will find a reception room that serves as a comfortable living area and a kitchen with possibilities for reconfiguration into a more contemporary open-plan space. The three bedrooms are centrally located alongside a family bathroom and separate WC which enhances the home's practicality. Outside, the inclusion of both a garage and an additional storage unit opens up further options for conversion or alternative usage, pending necessary permissions. Nestled in a quiet residential area within this sought-after Cornish village, residents will enjoy easy access to local amenities and quick routes to Truro and St Austell via the A390. This property offers not just a home but an exciting project for those looking to maximise its value through thoughtful enhancements.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -57.5% below area average per sq ft

-57.5%
Potential saving
This Property
£161/sq ft
Area Average
£378/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£388,511
10% above area average per sq ft
Potential ROI
+99.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by -5.8% over the last 12 months
3 year growth: -3.9%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on TR2 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

4 Bonython Drive Grampound, Truro, TR2 4RL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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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