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See how verdicts work1-bedroom flat · TR1 1GR
For saleListed 4 days
Opportunity summary
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About
Beautifully presented, one bedroom, lower ground floor retirement apartment with direct access on to a patio area from the spacious living room. Close access to the lift that serves all floors.
*Pet Friendly* *Energy Efficient* Lys Lander Completed in late 2014 by award-winning retirement home specialists McCarthy Stone, Lys Lander is a ‘Retirement Living’ development providing a quality-of-lifestyle opportunity for the over 60’s and designed for independent living but with the peace-of-mind provided by the day-to-day support of our House Manager, who oversees the smooth running of the development.
There are extensive communal facilities including homeowner’s lounge, laundry, scooter store and landscaped gardens.
There is also a super guest suite widely used by visiting family and friends for which a small charge per night applies. A lift leads from the development providing direct street level access.
All apartments have a 24-hour careline facility and secure intercom entry intercom providing both an audio and visual link to the development main entrance.
Each apartment also has it's own intruder alarm.
There are always plenty of regular activities to choose from and whilst there is something for everyone, there is certainly no obligation to participate and home owners ‘dip in and out’ of activities or quite naturally, remain as private as they wish.
The Local Area Lys Lander is situated in the bustling Cathedral City of Truro, approximately 9 miles from the lovely Cornish Coast.
Truro is known for its excellent shopping and the famous Cathedral spire which dominates the skyline.
It is a vibrant City boasting beautiful architecture, arts and culture as well as thriving markets.
At Lys Lander, you reach the street level via a ‘shoppers entrance’ and a lift service contained within its distinctive turret.
Local shops include Marks and Spencer, Debenhams and Tesco as well as many independents retailers, coffee shops and eateries.
As the county's capital city Truro enjoys excellent transport links by road and rail. A lift leads from the development providing direct street level access.
5 Lys Lander Beautifully presented throughout, Apartment 5 is an inviting lower ground floor apartment, ideally positioned close to the homeowners’ lounge, where a variety of social events and activities take place, offering an excellent opportunity to enjoy the community atmosphere of the development.
The spacious living room provides a wonderful setting for both relaxing and entertaining, featuring a contemporary electric fireplace that creates an attractive focal point.
French doors provide direct access onto a patio area, offering a lovely spot to sit and enjoy views across the communal gardens towards Tregolls Road.
The well-appointed kitchen is fitted with a range of integrated appliances, combining practicality with a stylish finish.
The generous double bedroom benefits from a useful walk-in wardrobe, providing excellent storage space, while the modern bathroom features a walk-in shower.
A separate airing cupboard/store further enhances the apartment’s storage provision.
Conveniently located close to the lift, which serves all floors of the development, this delightful apartment combines well-presented accommodation with a pleasant outlook and easy access to the communal facilities.
Parking Parking is by annual permit at a cost of £250 per annum (subject to availability) Additional Information & Services • Ultrafast Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage Social Lifestyle The Communal Lounge is at the heart of the community at Lys Lander and is where the majority of social gatherings take place.
Regular activities can include; coffee mornings and afternoons, games nights, Chair Yoga, quiz and movie nights.
They're a perfect opportunity to meet your neighbours and make new friends, but there's never any obligation to join in, you can socialise as much or as little as you want.
Landscaped Gardens One of the main social hubs of Lys Lander is the large patio area in the communal garden. This space is enjoyed by many of the homeowners throughout the year.
Best of all, Your McCarthy Stone take care of all the maintenance, leaving you free to relax and enjoy the beautiful gardens blossom and bloom throughout the seasons.
Service Charge What your service charge pays for: • House Manager who ensures the development runs smoothly • All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates The service charge does not cover external costs such as your Council Tax, electricity or TV.
Find out more about service charges please contact your Property Consultant or House Manager.
Annual Service Charge: £3,099.80 for financial year ending 30/09/2027 Ask about our free entitlements service to find out what benefits you may be entitled to to support you with service charges and living costs.
Lease Lease 125 Years from 1st June 2014 Ground Rent: £425 per annum Ground Rent review date: 1st June 2029 Moving Made Easy Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Tregolls Road, Truro
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