2-bedroom house · TR4 9RR
Listing removedListed 96 days
Opportunity summary
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About
Beautifully presented modern home, 2 double bedroom home, on a popular development in Shortlanesend, all just a short drive from truro city centre, with easy access to A30 & north coast, just a short walk to village amenities.
This fantastic home offers modern interior, kitchen & bathroom, log burner, good sized low maintenance garden with block built outbuilding for storage & parking for 2 cars, which is a huge selling point for this development.
* section 106 affordable home conditions apply - please read qualifying criteria below - Price based on 58.99% of the open market value of £260,000.
property: The property was built in 2014, the ground floor of the property consists of an entrance hallway with stairs to the first floor, door through to the lounge.
The lounge has wooden style flooring, window to the front, understairs storage and door through to an open plan modern kitchen/diner at the rear.
The kitchen/diner has space for a dining table, external door out to the rear garden, door to a ground floor cloakroom.
The kitchen offers a range of modern wall and base units with built-in oven, hob, and extractor hood over, tiled splash back and surrounds, space for fridge freezer, washing machine and dishwasher.
Stairs rise to the first floor where you will find 2 double bedrooms, the master bedroom has built in wardrobes, a further double bedroom with built in cupboard.
To complete this floor a modern bathroom, with white suite, bath with shower over, modern shower screen, pedestal sink, and W.C.
Externally: To the front, private parking for 2 cars, which is a huge selling point for this development.
To the rear a generous garden which has been paved for low maintenance, There is also a block built outbuilding which is a great addition, with lots of storage and could easily be converted to be a home office/gym.
Location: This property is located within a popular Wainhomes development, a short walk away from the village park, village hall and school.
Shortlanesend is a popular village, you get the benefits of being in a village, but you are only around 2 miles from Truro city centre and have easy access to the A30 and the north coast.
You also have a back road that takes you across to Treliske Hospital.
Shortlanesend offers a wide range of amenities which includes a popular primary school, shop/post office, public house, and a regular bus service.
Tenure: Freehold services: Mains water, drainage, and electricity. For Council tax visit heating & glazing: UPVC double glazing Electric heating. Log Burner.
Tenure: Freehold - Price based on 59.99% of the market value of £260,000 under the Section 106 Affordable home scheme. There is no rent payable on the share not owned.
The conditions to buying the property are as follows. Qualifying criteria Eligibility W e would be looking to prioritise someone with an Area Local Connection to Kenwyn.
Please note that local connection exemptions apply to applicants who are subject to the Armed Forces Covenant, Care Leavers under the age of 25 and/or Victims of Domestic Abuse: Current residency/permanent employment of 16 + hours per week for 3 + years Or Former residency of 5 + years Or Close family member (Mother/Father/Sister/Brother/Son/Daughter) where that family member has lived in the parish for 5 + years After 14 days of marketing we can consider those who have a local connection to the adjoining parishes of Truro, Kea, Chacewater, St Agnes, Perranzabuloe, St Allen or St Clement.
After 28 days of marketing we can consider those with a Local Connection to Cornwall (i.e. All other parishes/towns outside of the primary and secondary areas) – please ask us for details.
In addition the applicant will need to: Be in Housing Need – i.e.
Living with family/renting and otherwise unable to afford a home on the open market Have a maximum household income of £80,000 Have a minimum 10% deposit (or 5% with relevant aip) Have a recent aip from a s.106 lender (Nationwide/Halifax/Leeds/Santander/TSB/Skipton being the main ones we are aware of) Have viewed and offered on the property
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 9 Roseworthy Road, Truro
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