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Creegbrawse, Chacewater, Truro, Cornwall, TR4

South West

£535,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
Equestrian Facility
Area
1467 sqft

Description

This property presents a promising smallholding opportunity, featuring a three-bedroom farmhouse that requires extensive renovation, accompanied by various agricultural structures and approximately 3.25 acres of land. The property's configuration allows for an array of refurbishment options, making it ideal for equestrian activities, smallholding pursuits, or entrepreneurial ventures. The farmhouse's layout includes three bedrooms on the upper floor and a ground-floor office that could serve as an additional bedroom. A large porch area enhances functionality and leads into spacious dining and sitting rooms, with ample potential for modernization and reconfiguration to better suit personal preferences or business needs. Set in the quiet countryside near Chacewater, the property enjoys both seclusion and convenient access to Truro via the A30, providing an appealing balance between rural charm and accessibility to urban amenities. The adjoining yard features a characterful stone barn currently equipped with stables but offers great flexibility—from restoration for equestrian use to possible renovation into a home office or separate dwelling (subject to planning consents). A substantial open-fronted timber-framed barn adds further utility for storage or farming supplies. The surrounding 3.25 acres consists of Grade 3 pasture land suitable for grazing or smallholding activities, perfectly complementing the existing structures. Additional adjacent land may be available through a separate Farm Business Tenancy negotiations, allowing prospective buyers to expand their holdings without full upfront investment. Overall, this estate not only invites transformative renovations but also provides significant potential for expansion or diversification in its use.

Investment analysis

(TR4 area)

Above Market Value

This property is priced +4.9% above area average per sq ft

+4.9%
This Property
£365/sq ft
Area Average
£348/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£561,245
10% above area average per sq ft
Potential ROI
-14.3%
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

Creegbrawse, Chacewater, 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
£2,021
Based on a loan of £401,250 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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