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Stithians, Nr. Truro, Cornwall TR3

South West

£500,000
Listed on 09/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1233 sqft

Description

This detached granite farmhouse features three bedrooms and is set on approximately 6.5 acres of expansive gardens and grounds, presenting a remarkable opportunity for renovation and investment. The property is in need of extensive refurbishment, allowing potential buyers to customize the space according to their vision. Surrounded by beautiful countryside views, the site includes a substantial derelict granite barn measuring 60 feet by 15 feet, as well as an additional granite outbuilding—both of which could be transformed into functional spaces with creative renovation efforts. The peaceful rural ambiance complements its significant development potential, appealing to those looking for a project that combines charm and functionality. Conveniently located just a short distance from the vibrant village of Stithians, this property also benefits from easy access to Truro, known for its historic cathedral and cultural offerings, as well as the seaside town of Falmouth with its maritime attractions. This location not only enhances the living experience but also adds to the investment value in a desirable area.

Investment Analysis

(TR3 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£406/sq ft
Area Average
£389/sq ft

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£527,397
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Monthly Sales
12
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR3)

Area prices are falling by +12.6% over the last 12 months
3 year growth: -15.9%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on TR3 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

Stithians, Nr. Truro, Cornwall TR3
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