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Silverwell, Near Truro

South West

£300,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Plot
Area
936 sqft

Description

This tranquil building plot located in the serene hamlet of Silverwell presents a unique opportunity for investment, just three miles from Truro and in proximity to the stunning North Cornish coast. With granted planning permission for a detached bungalow featuring three bedrooms—including an en suite master—the site already boasts essential utilities such as mains electricity, water, and private drainage, which has been installed by the current owners. The expansive 0.8-acre plot is surrounded by natural hedges, offering a private and peaceful setting ideal for hobby farming or keeping small animals. The sale includes a well-maintained Versailles mobile home with ample living space, comprising three bedrooms, an open-plan kitchen, lounge/dining area, utility room, and bathroom. This mobile home provides immediate accommodation while you embark on the journey of building your new residence. With easy access to Truro and the beautiful surroundings of St Agnes and Perranporth, this property is not only a sound investment but also offers potential for personal development in a sought-after rural location.

Investment Analysis

(TR4 area)

Below Market Value

This property is priced -8.8% below area average per sq ft

-8.8%
Potential saving
This Property
£321/sq ft
Area Average
£352/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£361,904
10% above area average per sq ft
Potential ROI
+9.7%
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
8%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -8.4%
5 year growth: +10.0%
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

Silverwell, Near Truro
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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
£1,133
Based on a loan of £225,000 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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