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Callestick, Truro, Cornwall, TR4

South West

£2,250,000

Listed on 01/07/2026

Property details

Bedrooms
4
Type
Farm Land
Area
3241 sqft

Description

This expansive rural holding offers a unique opportunity for investment and renovation, featuring a Grade II listed farmhouse alongside a stone barn with planning consent for conversion. The property sits on approximately 78.63 acres, providing significant potential for diverse agricultural or equestrian pursuits. Previously known as an equestrian centre, the site includes multiple outbuildings, two outdoor arenas, and extensive grazing land that could benefit from modernization. The farmhouse itself boasts traditional charm with period features and has seen renovations about ten years ago; however, there remains room for improvement, especially with an unconverted two-storey annex that could be transformed into additional living space or guest accommodation. The stone barn holds exciting prospects for creating a three-bedroom dwelling complete with modern amenities, subject to plans already approved. This dual-use capability not only enhances the property's appeal for multi-generational living but also opens avenues for rental income. With its convenient location near Truro and close access to the A30 trunk road, this property represents an incredible canvas in a tranquil setting, ideal for those looking to embrace rural life while retaining easy accessibility to local amenities and transport links.

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Investment analysis

(TR4 area)

Above Market Value

This property is priced +99.6% above area average per sq ft

+99.6%
This Property
£694/sq ft
Area Average
£348/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,239,942
10% above area average per sq ft
Potential ROI
-50.4%
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
7%
Properties sold annually

Local Market Trend (TR4)

Area prices are rising by +4.7% over the last 12 months
3 year growth: -0.3%
5 year growth: +14.7%
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

Callestick, Truro, Cornwall, TR4
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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
£8,500
Based on a loan of £1,687,500 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

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

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