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St. Mawes, Truro TR2

South West

£185,000
Listed on 12/08/2025

Property Details

Bedrooms
1
Type
Detached house
Area
390 sqft

Description

Nestled in a tranquil setting near the picturesque village of St Mawes, this detached single-storey barn offers a unique opportunity for renovation and potential investment. Covering an internal floor area of 390 sq ft (36.2 sq m), the property is constructed from traditional stone and topped with a pitched slate roof, presenting an appealing blank canvas for creative enhancements. The barn features an open-plan interior enriched by rendered walls and exposed timber beams, complemented by UPVC windows that invite natural light into the space. Roof lights add to the airy atmosphere, while connections for both light and power are already established. Although it currently lacks residential planning permission, there exists a favorable report from a local planning consultant that suggests promising prospects for conversion into a one-bedroom home. This could include the addition of designated parking and a small front sun terrace, significantly increasing its value. Situated just a mile from the heart of St Mawes, this location offers both seclusion and accessibility. The village is known for its charming harbor, beautiful beaches, and rich historical context, including landmarks such as Henry VIII's castle. With the surrounding landscape designated as an Area of Outstanding Natural Beauty and much of it owned by the National Trust, residents can enjoy scenic walks right at their doorstep. Local amenities in St Mawes provide year-round convenience with two bakeries, a convenience store, medical facilities, dining options, and vibrant social spaces. The community thrives with numerous recreational activities centered around sailing and coastal exploration. Furthermore, excellent transport links facilitate easy access to nearby towns such as Truro and Falmouth. For those looking to invest in property with great potential within a sought-after region of Cornwall, this barn presents an exciting opportunity to create a bespoke living space or holiday rental—capitalizing on the area's popularity among visitors seeking relaxation by the seaside. Its enduring appeal lies not only in its architectural charm but also in its positioning among some of Cornwall's most treasured landscapes and attractions.

Investment Analysis

(TR2 area)

Above Market Value

This property is priced +19.3% above area average per sq ft

+19.3%
This Property
£474/sq ft
Area Average
£398/sq ft

Renovation Potential

Est. Renovation Cost
£18,500 - £46,250
10-25% of property value
Target Value
£170,549
10% above area average per sq ft
Potential ROI
-26.2%
After renovation
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by +11.6% over the last 12 months
3 year growth: 0.2%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on TR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

St. Mawes, Truro TR2
Map showing location of St. Mawes, Truro TR2
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