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East Hill, Blackwater, Truro, Cornwall, TR4

South West

£420,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1668 sqft

Description

This four-bedroom detached home offers a unique character and significant renovation potential, situated in a quiet area just a stone's throw from the vibrant Blackwater village. The property is currently available with no onward chain, making it an attractive option for buyers looking to invest. Upon entering, you find a welcoming porch that opens up to spacious living areas, including a generous kitchen with plenty of storage and a utility room that adds convenience. The lounge diner is particularly noteworthy, featuring a wood burner that creates a cozy atmosphere—ideal for entertaining or simply relaxing at home. The property also includes a conservatory and a downstairs W/C for added practicality. Upstairs are four well-sized bedrooms, with the principal boasting an en-suite bathroom. While there is built-in storage throughout, some space could be reconfigured to enhance functionality or improve overall flow. Outside, the property includes off-road parking and an established garden complete with a pond and summerhouse—these features could be revitalised to create an inviting outdoor space. A substantial outbuilding currently serves as a workshop but holds great potential for conversion into office space, guest accommodation, or even commercial use (subject to planning permissions). This versatile character home presents an appealing opportunity for those willing to undertake refurbishment in order to maximise its potential in this desirable South West location.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£252/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£641,354
10% above area average per sq ft
Potential ROI
+36.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -12.3%
5 year growth: +8.1%
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

East Hill, Blackwater, Truro, Cornwall, TR4
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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
£1,498
Based on a loan of £315,000 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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