3-bedroom terraced house · TR1 1LR
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Available for the first time since it was built in circa 1980 this is a fantastic project opportunity for those ready to make something their own!
The accommodation comprises an entrance porch with useful WC and a good sized entrance hall providing understairs storage and access to the downstairs rooms.
The kitchen is a nice size with space for a dining table and large window to front aspect.
To the rear of the house is a great sized living room with large window overlooking the garden as well as a very useful rear porch with door opening to the garden.
Upstairs a landing provides access to the sleeping accommodation as well as a storage cupboard. There are two double bedrooms and a single as well as a family bathroom.
The property benefits from double glazing and has a lovely green outlook to the rear over Glastenian Woods.
The house has been maintained and cared for over the near 50 years of ownership but now requires modernisation - offering an affordable way of purchasing and making something your own – how exciting!
Outside the rear garden is a good size and level mainly laid with lawn, planted beds and a patio seating area as well as a timber summer house, there is also the benefit of a gate to the rear.
To the front of the house there is driveway parking for two cars and a single garage with up and over door. Steps lead down from this area to a front courtyard and door to the house.
Priced according to the work required we truly believe this is a brilliant buy and would particularly suit first time buyers looking to buy something you can grow into and call home for years to come.
Available with no onward chain and recommended. The Location Chellew Road is a residential estate located on the Eastern side of Truro.
This is peaceful and practical living with lovely woodland surroundings to the rear whilst being around a mile, or a 10/15 minute walk, to the city centre.
This position is particularly convenient for Penair Secondary School and Tregolls Academy primary school, Waitrose supermarket and a local spar convenience store.
You are very quickly out into the countryside here, there are lovely walks nearby heading East towards Pencalenick, St Clements and Malpas along the Truro and Tresillian River.
Heading out of town North/West you’ll be on the A30 in less than 10 minutes and there are excellent transport links with buses heading in all directions nearby including a small minibus service regularly running from the road into town and back.
To the North/East you can be on the stunning Roseland Heritage Coast in around 10 minutes enjoying St Mawes, Portscatho and Carne Beach to name a few.
Truro is the capital of Cornwall and as such boasts much in the way of vibrancy and a real 'buzz' all year round.
There is a vast array of excellent restaurants, bars, pubs and cafes as well as varied shopping facilities from main high street retailers to independent shops and local markets.
Well renowned schools are in abundance and there is a main line railway link to London (Paddington) within 5 hours.
Draws such as the newly renovated Hall for Cornwall, historic Truro Cathedral and Royal Cornwall Museum are on one's doorstep with regular city events taking place throughout the year such as Truro Food Festival, City of Lights and famous Christmas markets.
Property Information Tenure: Freehold Council Authority: Cornwall Council Tax Band: C Services: Mains water, drainage and electric are all connected.
Mobile Signal: Best networks O2 & Vodafone – (good outdoor & variable indoor) Broadband: Superfast available. Max Download 76Mbps. Max Upload 20Mbps.
Note: Whilst every care has been taken by James Cane Estate Agent Ltd in the preparation of these sales particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given with employment of their own property professionals
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
Agent & docs
FAQ
About 73, Chellew Road, Truro
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