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Tremayne Road, Truro TR1

South West

£235,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home, constructed in the 1930s, presents an ideal opportunity for those looking to invest or renovate. Positioned conveniently for quick access to city centre amenities, the property features PVC double glazing and gas central heating. While it requires some modernization, it offers a solid foundation for a buyer to create their own vision. The front entrance is accessible via a pedestrian path from Tremayne Road, while parking is available from the rear on Eliot Road. Inside, the layout includes an entrance hall leading to a living room with a bay window and an unused fireplace, alongside a dining room equipped with a woodburning stove. The compact kitchen connects to the outside and provides essential storage space. Upstairs, you'll find three bedrooms with varying views, as well as a bathroom featuring both a bath and separate WC. The property is set on grounds that include gardens mostly laid to lawn with established borders and comes complete with an outdoor bin store and additional WC. Importantly, there is potential for development; previous planning consent was granted for constructing a detached dwelling in the side garden—subject to renewal of the lapsed consent—which presents further investment possibilities. Notably, there are mentions of mundic block within the property requiring attention and cash buyers only. All mains services are connected but untested; prospective buyers should investigate these thoroughly.

Investment Analysis

(TR1 area)
Area Average
£323/sq ft
Avg Rent (weekly)
£280
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR1)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -5.1%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on TR1 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

Tremayne Road, Truro TR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£832
Based on a loan of £176,250 over 30 years at 3.91% 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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