Cornwall
Truro
development finance.
Expert property development finance in Truro, Cornwall. Median price £322,500, 622 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £323k
- Sales (12m)
- 622
- YoY change
- -1.1%
Truro, Cornwall
Property finance
in Truro.
Truro - cornwall's only city and administrative centre with growing commercial sector and year-round residential demand. With a median property price of £322,500 and 622 transactions in the last twelve months, Truro represents a steady market with prices down 1.1% year-on-year.
Detached homes command a median of £455,000 while flats average £181,000, reflecting the breadth of Truro's residential market. Terraced houses sit at £265,000, offering developers a range of scheme types from conversions to ground-up residential.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Truro and the wider Cornwall area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Truro scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Truro developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Truro
market snapshot.
HM Land Registry sold-price data for Truro over the last twelve months, cross-referenced with local planning pipeline. Updated weekly.
- Median price
- £322,500
- Sales (12m)
- 622
- YoY change
- -1.1%
- Approved (12m)
- 0
- Pipeline units
- 979
- Pipeline GDV
- £308.2M
Truro development appraisal
Model the numbers
for your scheme.
Pre-populated with Truro median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Truro median prices. Adjust to match your scheme.
Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Truro.
622 residential transactions in the last twelve months. Median sold price £322,500 (-1.1% YoY). 3 new-build transactions with a -13.2% premium over existing stock.
Detached
£455,000
Semi-Detached
£300,000
Terraced
£265,000
Flat
£181,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 27 Apr 2026 | 18, VICTORIA SQUARETR1 2RX | Terraced | £120,000 | Freehold |
| 24 Apr 2026 | 7, ALWIN CLOSETR4 9FX | Detached | £464,500 | Freehold |
| 23 Apr 2026 | 5, GLOWETH VIEWTR1 3JZ | Detached | £318,000 | Freehold |
| 17 Apr 2026 | 93, CHYVELAH OPETR1 3YB | Terraced | £245,000 | Freehold |
| 15 Apr 2026 | 31, ROBARTES COURT, REDANNICK LANETR1 2XX | Flat | £60,000 | Leasehold |
| 15 Apr 2026 | 86, PENWETHERS CRESCENTTR1 3FX | Semi-Detached | £340,000 | Freehold |
| 13 Apr 2026 | 26, ATLANTIC WAYTR4 8AH | Detached | £415,000 | Freehold |
| 13 Apr 2026 | APARTMENT 35, DEVINGTON HALL, AGAR ROADTR1 1GP | Flat | £260,000 | Leasehold |
| 9 Apr 2026 | 5, TREVALLION PARKTR3 6RS | Detached | £670,000 | Freehold |
| 9 Apr 2026 | 7, BOWNDER HYNSHORNTR1 2GS | Terraced | £265,000 | Freehold |
Planning pipeline
Planning activity
in Truro.
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| PA26/04243 | Application for Permission in Principle for the construction of an affordable le… Land Adj To Grambla Cottage Grambla Cottage Treloquithack Wendron Helston Cornwall TR13 0NQ | 2 | £640,000 | Pending | 23/06/2026 |
| PA26/04296 | Application for Permission in Principle for the construction of up to 1 dwelling… Paradise Cottage Golant Fowey Cornwall PL23 1LH | 1 | £320,000 | Pending | 19/06/2026 |
| PA26/03807 | Extension and alteration to existing building currently containing 8 units of ac… 17 Trenance Road Newquay Cornwall TR7 2LT | 8 | £1.4M | Pending | 19/06/2026 |
| PA26/03770 | Certificate of Lawfulness for proposed use: confirmation of commencement of work… Land East Of Rame View Rame View East Looe Cornwall PL13 1DR | 5 | £1.6M | Pending | 17/06/2026 |
| PA26/03465 | Redevelopment of existing Polvellan Manor (retaining the original house) and the… Polvellan Manor The Millpool West Looe Cornwall PL13 2AH | 25 | £4.5M | Pending | 12/06/2026 |
Common questions
Property finance in Truro
— answered.
What is the average property price in Truro?
Is Truro a good area for property development?
What types of property finance are available in Truro?
How do I apply for development finance in Truro?
What are typical development finance rates in Truro?
Where we fund
Truro,
Cornwall.
Nearby markets
Adjacent towns
we also fund.
Falmouth
Median · £350,000
University town with maritime heritage, creative industries, and strong rental demand
Newquay
Median · £314,000
Surf capital with airport connectivity and growing year-round residential market beyond tourism
Penzance
Median · £280,000
West Cornwall market town with heritage waterfront and emerging creative sector
St Austell
Median · £257,500
Central Cornwall town with Eden Project proximity and affordable development opportunities
Bodmin
Median · £233,300
Former county town with affordable land values and A30 dual carriageway connectivity
Camborne
Median · £220,000
Former mining town with regeneration opportunities and World Heritage Site status
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Truro and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.