1-bedroom flat · TR1 2HL
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tps welcome a stunning top floor one bed apartment ever so close to the centre of Truro.
The apartment is epiphany of modern living, top floor apartment, open plan living with a sharp fresh design and a balcony.
The apartment briefly comprises of an open plan living space with a white fitted kitchen, a good size lounge, there is a modern white shower room which is part tiled.
The double bedroom has a dual Velux windows to allow maximum light into the room. The property is a short walk from the centre and benefits from secure landscaped gardens and allocated parking.
EPC rating: B Council Tax Band: B Tenant Fees (Compliant with Tenant Fees Act 2019): Rent As stated in the tenancy agreement.
Tenancy Deposit Capped at 5 weeks' rent (<£50k pa) or 6 weeks' rent (≥£50k pa). Protected in a Government-approved deposit scheme.
Holding Deposit Maximum 1 week's rent applied to first rent/deposit if tenancy proceeds. Can only be withheld in limited circumstances.
Utilities / Council Tax / TV Licence / Communication Services Where stated in the tenancy agreement, tenant is responsible for these costs.
We are a member of The Propertymark cmp Scheme We are a member of The Property Ombudsman Redress Scheme The_Property_Shop_Cornwall_Fees_2025 PDF Document · 4 mb
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About 8 The Laurels, 57 Falmouth Road, Truro
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