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Ruan High Lanes, Truro, Cornwall, TR2

South West

£1,325,000

Listed on 17/06/2026

Property Details

Bedrooms
N/A
Type
Farm Land
Area
3338 sqft

Description

Situated in a desirable area of the Roseland Peninsula, this expansive 15-acre farm presents an intriguing investment opportunity with considerable renovation potential. The property consists of three dwellings along with a mixture of both traditional and contemporary farm structures, set against a backdrop of picturesque scenery and south-facing views. The versatile layout allows for diverse uses, whether you wish to continue agricultural practices or explore redevelopment options for residential purposes, perhaps even fostering multi-generational living arrangements. Lot 1 features the primary farmhouse currently configured into two semi-detached three-bedroom units, which could easily be restored to create one large family residence. Alongside this are stone barns and modern farm buildings that offer ample scope for transformation into viable commercial or residential spaces (subject to requisite permissions). This lot encompasses approximately 14.16 acres. Lot 2 includes a standalone three-bedroom home with a garage and an expansive garden of around 1.24 acres, boasting impressive views and promising opportunities for refurbishment or redevelopment. The collection of buildings on-site comprises well-maintained traditional stone barns with characterful potential, alongside adaptable modern agricultural structures suited for various agricultural needs. The sale also includes sporting and timber rights, providing further appeal to potential buyers. Accessible via a private farm track from the A3078, the property ensures peaceful rural living while maintaining good connectivity. This is a compelling proposition for those looking to invest in a flexible rural property with significant upside through renovation or repurposing.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +4.8% above area average per sq ft

+4.8%
This Property
£397/sq ft
Area Average
£379/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£1,390,143
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TR2)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -3.3%
5 year growth: -0.2%
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

Ruan High Lanes, Truro, Cornwall, TR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,006
Based on a loan of £993,750 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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