What Treveth does

Treveth is a Cornwall-focused property development LLP established in April 2019 by Cornwall Council (99%) and Corserv Group Limited (1%), operating from its Truro headquarters as a Teckal Company. The group develops mixed-tenure residential schemes and commercial workspace across nine Cornish locations, with active projects including 185-home Gwel Basset (Redruth), 96-home Hedhas Dowr (Newquay), 100-home Park Lanneves (Bodmin), 78-home Penwinnick Road (St Austell), 116-home Treyew Road (Truro), and several others totalling 600+ homes in pipeline. Offerings span open market sale, three-year private rental tenancies, shared ownership (30–40% share minimums), and Perran Housing-managed affordable rent at 80% of market; pricing on observed units ranges from £88,500 (shared ownership slice) to £482,500 (open market 4-bed). All homes are designed with low-carbon and energy-efficiency features including solar panels, and the firm holds B Corp certification (September 2023).

The commercial model is hybrid: one-time open market sales generate capital recovery and capital recycling, while the Build-to-Rent rental portfolio (Tregover, Perran Foundry future BTR, plus retained rental units within mixed-tenure schemes) delivers recurring subscription-like rental income. Distribution is intermediated — appointed estate agents (David Ball, Webbers, Bradleys) handle open market sales; Perran Housing via Pinnacle Housing Group handles shared ownership and affordable allocations; direct website/phone enquiries cover private rental. The business model is structurally aligned with Cornwall Council's local housing priorities, including local-connection criteria, and all profits return to the public-sector shareholders.

Treveth positions itself as the sustainability-led, place-based counterweight to volume national housebuilders, evidenced by B Corp status, multiple 2025–2026 industry awards (Housebuilder of the Year, national Planning Award for Gwel Basset), and decarbonisation-led design choices. The company operates an integrated LLP structure comprising Treveth Holdings, Investment, Development, Commercial, Tranche A, and Pydar LLPs alongside Perran Housing (Registered Provider), giving it full-stack control from land acquisition through long-term estate management.

Name

Treveth

Legal name

Treveth Holdings LLP

Website

https://treveth.co.uk

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Treveth is a Cornwall Council-backed property developer (LLP, founded 2019) that builds and manages mixed-tenure residential and commercial developments exclusively in Cornwall, delivering open market homes, private rentals, shared ownership, and affordable housing through its Perran Housing subsidiary, with a 600+ home pipeline across nine locations.

Ownership category

akta.pro rank

Product category

Residential Property Development

NAICS

Residential Building Construction (23611), Lessors of Residential Buildings and Dwellings (53111), New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Residential property development
• Low carbon housebuilding
• Affordable housing
• Shared ownership homes
• Commercial workspace development

Headquarters

HQ city

Cornwall

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Private Rented Properties: Treveth owns private rented properties leased to tenants under tenancy agreements at full market rent. This is the primary revenue stream, with properties managed by a third-party management company on behalf of Treveth. Three-year tenancies are offered as standard to provide occupier stability.
2. Open Market Property Sales: Open market housing offered for sale at or near open market value as freehold properties, where buyers own the land and property outright.
3. Shared Ownership: Properties sold as a share (typically 30-40%) to buyers who pay rent on the remaining share to Perran Housing via Pinnacle Housing Group. Buyers can staircase to increase their ownership share.
4. Affordable Rent: Affordable rented housing owned, let, and managed by Perran Housing (Registered Provider). Rents set at typically 80% of open market rent value. Managed via Pinnacle Housing Group.
5. Commercial Property Development: Commercial property portfolio including office and industrial developments, urban regeneration and mixed-use developments across Cornwall. Properties are leased to businesses to ensure they stay in the region.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Treveth develops new homes and commercial spaces across Cornwall, delivering residential properties for open market sale, private rent, shared ownership, and affordable rent, alongside commercial workspace units and mixed-use developments. The company operates Perran Housing LLP as its registered provider of social housing and prioritises local Cornish residents with a connection to Cornwall. Homes are built to low carbon standards with solar panels and sustainable energy solutions, and commercial units are designed for energy efficiency.

Product overview

Treveth is a B Corp certified Cornish property developer operating as a Limited Liability Partnership established by Cornwall Council in April 2019. The company delivers a comprehensive housing portfolio across Cornwall, encompassing residential developments for private rent, affordable rent, and open market sale; commercial property including workspace units and mixed-use schemes; and manages Perran Housing as its registered provider of social housing. The product portfolio includes multiple residential developments (Hwel Kan, Hedhas Dowr, Park Lanneves, Tregover, The Coppers, Bann an Hyns, Gwel Basset, Heathlands View, Pydar Street, Old County Hall, Coinagehall Street, Gwel an Pras, Hedhas Tewynnow) offering various house types and tenures; commercial developments (Normandy Way Business Hub, Tressider, Water-Ma-Trout, Dudnance Lane, GWRSA); and Perran Housing subsidiary managing shared ownership and affordable rental policies. All homes feature sustainability measures including solar panels and low carbon technologies, with three-year tenancies standard for private rentals. Treveth's commitment to sustainability is reinforced by B Corp certification and green website hosting via partner Solve.

Differentiator

Problem solved

Functional benefit

Brands

• Perran Housing: Treveth's Registered Provider of social housing, connecting local Cornish people with their new shared ownership or affordable rental home.

Products and services

• Hwel Kan 32-home mixed-tenure residential development in Blackwater, Cornwall, offering 1, 2 and 4 bedroom homes across Open Market, Private Rent, Shared Ownership, and Affordable Rent tenures. Features wildlife-friendly design including integrated swallow, solitary bee and bat boxes, wildlife corridors, solar panels, and downward-facing street lighting.
• Hedhas Dowr 96-home residential development in Newquay offering 1, 2, 3 and 4 bedroom homes. Sales handled via David Ball Agencies.
• Park Lanneves 100-home residential development in Bodmin offering a range of house types. Sales handled via Webbers Estate Agents.
• Tregover 28-home residential development in Newquay offering 1 and 2 bedroom apartments for Private Rent.
• The Coppers 38-home residential development in Tolvaddon offering 2 and 3 bedroom homes.
• Bann an Hyns 46-home residential development in Liskeard offering homes for sale and rent.
• Gwel Basset 185-home low carbon residential development in Tolgus, Redruth — Treveth's largest single development. Features low carbon homes and won the national Planning Award for Best Housing Scheme (fewer than 500 homes) in 2026.
• Heathlands View 75-home residential development in Bodmin offering a range of house types.
• Pydar Street (Pydar) Urban regeneration project in Truro city centre, transforming the former County Hall site into a mixed-use development.
• Old County Hall 116-home residential development at Treyew Road, Truro, west of the city centre, with planning consent secured.
• Coinagehall Street 36-home town regeneration project in Penzance including the revitalised St Anthony Gardens public space.
• Gwel an Pras 50-home future residential development in Newquay offering a mix of tenures.
• Hedhas Tewynnow 40-home affordable-led residential scheme in Connor Downs, West Cornwall.
• Penwinnick Road, St Austell 78-home mixed-tenure residential development in St Austell including a mix of one, two, three and four bedroom homes for sale and rent plus a small commercial centre.
• Perran Foundry, Perranarworthal 21-home open market rental residential development at Perran Foundry, Perranarworthal, with expected delivery across FY27/28.
• Normandy Way Business Hub Seven high-quality, energy-efficient commercial workspace units at Walker Lines Industrial Estate, Bodmin. Built using alternative construction methods that saved 5 tonnes of CO2e compared to conventional construction.
• Tressider Commercial development in Falmouth within Treveth's commercial portfolio.
• Water-Ma-Trout Commercial development in Helston within Treveth's commercial portfolio.
• Dudnance Lane Commercial units in Pool with first tenant signed, within Treveth's commercial portfolio.
• GWRSA Commercial development in Truro within Treveth's commercial portfolio.
• Perran Housing Treveth's Registered Provider of social housing, managing affordable rentals and shared ownership properties on behalf of Perran Housing LLP via Pinnacle Housing Group.
• Shared Ownership Home ownership tenure in which buyers purchase a share (typically 30–40%) of a Treveth home and pay rent on the remainder to Perran Housing via Pinnacle Housing Group, with the option to staircase to higher ownership shares.
• Affordable Rent Affordable rented housing owned, let, and managed by Perran Housing (Registered Provider) at rents set at typically 80% of open market rent value, allocated via Pinnacle Housing Group.
• Private Rented Homes Market-rate rental housing owned by Treveth, with three-year tenancies offered as standard to provide occupier stability. Properties are managed by a third-party management company on behalf of Treveth.
• Estate Management Service Ongoing estate management and aftercare service for Treveth residents, including responsive queries and property maintenance.

Quantifiable outcome

• 5 tonnes of CO2e saved at Normandy Way Business Hub commercial development through alternative building methods
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Pinnacle Housing GroupcoreImplementation/ SI/ Consulting PartnerPinnacle Housing Group manages Treveth's shared ownership and affordable rental properties on behalf of Perran Housing LLP. This includes allocations, lettings, and ongoing property management for affordable housing tenures.
• Perran Housing LLPStrategic or Co-development PartnerPerran Housing LLP is Treveth's Registered Provider of social housing, handling affordable rent and shared ownership allocations. Launched in October 2022, it connects local Cornish people with affordable homes. Perran Housing is a separate legal entity within the Treveth group of LLPs.
• University of Exeter Business SchoolminorStrategic or Co-development PartnerTwo students from the University of Exeter Business School are supporting Treveth's B Corp recertification process, working with the Decarbonisation and Environment Manager on social and environmental impact assessment.
• University of PlymouthminorStrategic or Co-development PartnerConstruction undergraduates from the University of Plymouth visit Treveth's live development sites (e.g., Hedhas Dowr in Newquay) to gain practical experience and witness building methods in practice. Supports skills development in the Cornish construction sector.
• Bolghen Community NurseryminorStrategic or Co-development PartnerPartnership with Bolghen Community Nursery for the orchard at Gwel Basset, Tolgus. The nursery supplies locally suitable fruit tree varieties (apple trees on hardy rootstocks, aronia berries, blackcurrants) for the community orchard, expected to mature over 3-5 years.
• Get LandscapedminorImplementation/ SI/ Consulting PartnerGet Landscaped is the contractor carrying out finishing landscaping works at Gwel Basset, Tolgus, with careful attention to quality and long-term resilience of planting across the estate.

Scale indicators20 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LiveWest: Large South West England housing association and developer operating across Devon, Cornwall, Somerset and Dorset. Most directly comparable to Treveth given overlapping South West geography, affordable and shared ownership focus, and similar council-aligned ethos.
• Keepmoat: UK regional housebuilder with significant focus on partnership and affordable housing through programmes like Homes England. Comparable as a regional for-sale and affordable-led developer, though operating across a broader geography.
• Aster Group: Southern England housing association developing affordable homes for sale and rent including shared ownership. Comparable affordable-led residential development model to Treveth's mix of open market, shared ownership and affordable rent.
• Coastline Housing: Cornwall-focused housing association developing affordable and shared ownership homes across the county. Highly comparable geographic focus and tenure mix to Treveth's residential portfolio and Perran Housing subsidiary.

Broad incumbents

• Persimmon: One of the UK's largest listed housebuilders with active operations in Cornwall. Operates a broader national portfolio and much higher volume than Treveth, but directly competes in the same Cornish open market sale segment.
• Vistry Group (including Countryside Partnerships): UK national housebuilder with a substantial partnerships division delivering affordable and PRS housing through partnerships with housing associations and local authorities. Directly comparable to Treveth's partnership-led, affordable/PRS-heavy model.
• Peabody: One of the UK's largest housing associations and developers, operating affordable rent, shared ownership and market sale homes. Comparable in tenure mix and development-plus-management model, though geographically concentrated in London and the South East.
• Barratt Homes (David Wilson Homes): Major UK national housebuilder with developments across the South West including Cornwall. Comparable as a competitor in Cornish open market housing but operates at materially greater scale and geographic breadth.

Regional players

• Sovereign Housing Association: Large housing association operating across southern England delivering affordable homes for rent and shared ownership. Comparable affordable-led development and stewardship model, though active in different geographies from Treveth's Cornish focus.

Others

• Cornwall Council Cormac / CORSERV Group: Cornwall Council-owned group of which Treveth's 1% shareholder Corserv is part. Comparable as an ecosystem participant with overlapping public-sector ownership and Cornish operational footprint, and a likely partner/supplier for Treveth's developments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/treveth
• Xx.com/Treveth1
• Facebookfacebook.com/Treveth

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Treveth