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Salisbury Road, Truro, TR1

South West

£395,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1345 sqft

Description

This detached three-bedroom bungalow is situated on a spacious corner plot in a desirable area of Truro, offering views of the iconic Truro Cathedral and proximity to the city centre. The property is free from any onward chain, making it an inviting opportunity for those looking to invest or add value through renovation. While the home has been well-maintained for many years, there’s significant scope for enhancement and modernization throughout. Upon entering, you are greeted by a central hallway leading to light-filled principal rooms. The sitting room at the front of the property features a large box bay window that brings in ample natural light while overlooking the charming front garden. Adjacent to this is a fully fitted kitchen with two side-facing windows and direct access to the garden, which opens up potential for creating an open-concept kitchen/dining area by integrating with the adjacent reception room — currently set up as a dining space with its own bay window that provides inviting views. The sleeping quarters comprise three generously sized bedrooms: the main bedroom at the front comes with fitted wardrobes and a box bay window, while another double bedroom and a spacious single complete this wing of the home. The properties' shower room and separate WC are functional but could benefit from modern upgrades, as could the substantial loft space that presents exciting possibilities for conversion into additional living accommodation, subject to necessary approvals. The outdoor space enhances the property's appeal with expansive gardens surrounding it. The mature landscaping includes both lawned areas and practical features such as vegetable plots and greenhouses; perfect for gardening enthusiasts or those desiring considerable outdoor space. Further adding to the functionality of this property is a single garage equipped with power and light, along with driveway parking options that can potentially be expanded upon. While all essential services are connected (including mains water, gas, electric), prospective buyers should note that a recent mundic test will be needed for mortgage purposes given its previous satisfactory status from 1999. In summary, this bungalow not only offers comfortable living close to Truro's vibrant community but also presents as an excellent investment opportunity with numerous avenues for renovation and customization.

Investment Analysis

(TR1 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£294/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£482,687
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -5.3%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on TR1 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

Salisbury Road, Truro, TR1
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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
£1,409
Based on a loan of £296,250 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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