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Old Carnon Hill, Carnon Downs, Truro, Cornwall, TR3 - Image 1
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Old Carnon Hill, Carnon Downs, Truro, Cornwall, TR3

South West

£350,000

Listed on 23/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
1238 sqft

Description

Nestled in the desirable village of Carnon Downs, this spacious three-bedroom detached bungalow offers an exciting canvas for those looking to invest in a renovation project. Set on a generous plot along Old Carnon Hill, the property presents a great opportunity to modernize and tailor it to your personal taste. While requiring comprehensive refurbishment throughout, it boasts significant room sizes and adaptable living spaces that can be transformed into a contemporary family home. The layout includes three decent-sized bedrooms, with the principal bedroom featuring an en-suite shower room, complemented by a separate family bathroom. The bungalow is highlighted by three ample reception rooms: a large living room, a dining/family room, and a bright conservatory that overlooks the wrap-around garden—ideal for relaxation or entertaining. Outside, the expansive garden provides plenty of privacy and scope for landscaping or developing further outdoor features. With a garage and off-street parking enhancing practicality, this property not only promises spacious living but also substantial potential for enhancement or reconfiguration (subject to necessary consents). This is a rare chance to acquire a detached bungalow in one of Cornwall's most appealing areas, where you can inject value through modernization and enjoy the surrounding beauty. Local amenities are conveniently close, including shops, schools, and nature trails, making it perfect for families or as an investment opportunity.

Investment analysis

(TR3 area)

Below Market Value

This property is priced -26.2% below area average per sq ft

-26.2%
Potential saving
This Property
£283/sq ft
Area Average
£383/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£521,706
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TR3)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -11.1%
5 year growth: +10.6%
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

Old Carnon Hill, 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
£1,322
Based on a loan of £262,500 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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