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Quenchwell, Carnon Downs, Truro, Cornwall, TR3

South West

£250,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
726 sqft

Description

Nestled in the tranquil hamlet of Quenchwell, close to Carnon Downs, this charming two-bedroom mid-terrace cottage offers a promising renovation opportunity for those ready to invest in a property with substantial potential. The home is in need of full modernization, allowing future owners to craft a personalized living space tailored to their vision. The ground floor features a spacious kitchen/diner that holds the potential for transformation into a modern and inviting family hub, alongside a separate lounge that adds warmth and charm but could benefit from enhancements. Completing this level is a family bathroom equipped with both a bath and an overhead shower. Upstairs, you’ll find two well-sized bedrooms bathed in natural light, each presenting opportunities for creative reconfiguration to maximize utility and comfort. Outside, the enclosed courtyard garden provides a secluded outdoor area ideal for relaxation or minimal maintenance gardening, along with the added convenience of a garage for storage or off-road parking. With its rural appeal and flexible layout coupled with significant scope for improvement, this cottage represents an excellent prospect in the sought-after Cornish countryside where investors can truly add value.

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Investment analysis

(TR3 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£344/sq ft
Area Average
£388/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£309,458
10% above area average per sq ft
Potential ROI
-0.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -13.7%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on TR3 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

Quenchwell, Carnon Downs, Truro, Cornwall, TR3
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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
£944
Based on a loan of £187,500 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

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