We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · TR3 6TR
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for first time buyers or investment purposes, this first floor flat is situated in the popular village of Threemilestone and is offered with the benefit of no onward chain.
The property comprises a double bedroom, a lounge/diner, a galley style kitchen and a bathroom. It is double glazed and this is complemented by night storage heating.
Externally there is an allocated parking space.
Close to local village amenities and with no onward chain, we are very pleased to bring to market this first floor purpose built one bedroomed flat, sited approximately three miles to the west of Truro, the southernmost city in the United Kingdom.
Located within a quiet cul-de-sac, ensuring a good degree of privacy, this flat would make an ideal first property purchase or as an investment opportunity.
On entry, there is a tiled entrance vestibule with a staircase leading up to the landing. A casement glazed door opens into a generous lounge/living room/diner with a built-in corner storage cupboard.
A door opens into the galley style kitchen with a good range of storage options along with appliance space including plumbing for a washing machine.
Returning to the hallway, a door opens into the double bedroom which has the added bonus of a built-in double wardrobe.
From the hallway, access is given to the partially tiled bathroom which includes an electric shower over the bath.
Externally, there is a built-in bin store adjacent to the front door and an allocated, numbered parking space.
In terms of location, this property is very convenient for the Royal Cornwall Hospital at Treliske, Richard Lander School and Truro College.
It is a fifteen minute walk to the local primary school and the village itself has a host of amenities within walking distance including a doctor’s surgery, a pharmacy, two convenience stores, a butchers, a bakers, a hairdressers and a nearby public house.
There is also a fish and chip shop and a Chinese takeaway. Further afield, it is under twenty minutes by car to the coastal village of Perranporth with its fabulous beach.
The city of Truro with its wealth of shopping opportunities, cafes, public houses, restaurants and entertainment venues can be accessed in under fifteen minutes by car but can also be reached by public transport.
Upvc front door with two decorative obscure double glazed panels opens to: Entrance Vestibule Tiled floor and stairs to the first floor.
Hallway Loft access hatch and a clear casement glazed door opens to: Lounge/Diner (3.58m x 5.06m (11'8" x 16'7")) Built-in shelved storage cupboard and a upvc window overlooking the parking area and aspect with distant southerly views.
Night storage heater.
Part glazed internal door opens to: Kitchen (1.67m x 3.81m (5'5" x 12'5")) A galley style kitchen with a full height storage cupboard, further eye level storage cupboards and base level storage cupboards and drawers.
Roll edge work surfaces and a single stainless steel sink and drainer with a tiled splash back.
Space and plumbing for a washing machine, space for an electric cooker and further undercounter appliance space.
Space for a tall fridge/freezer, upvc double glazed window overlooking the rear aspect and a high level Xplelair extractor fan.
Bedroom (2.75m x 2.84m (9'0" x 9'3")) Upvc double glazed window overlooking the rear aspect. Night storage heater. Built-in storage cupboard housing a hot water cylinder.
Built-in double wardrobe with hanging space and shelved storage.
Bathroom (1.80m x 1.57m (5'10" x 5'1")) Partially tiled with a low level wc and a wash hand basin with a mirrored medicine cabinet above. Bath with a Mira Go electric shower over.
High level pull-cord Sunhouse electric heater and an extractor fan. Outside There is a numbered allocated parking space and a bin store adjacent to the front door with space for recycling.
Directions From the Redruth direction passing Threemilestone Retail Park on the left hand side, proceed through the traffic lights and bear right at the mini roundabout into Threemilestone.
Take the second turning right into Glenthorne Road and then the second right into Lowen Way where the property will be found on the right hand side.
Agents Note Tenure; Leasehold - 999 year lease commenced on 1/1/1980. Peppercorn Ground Rent. Council tax band: A.
Services Mains drainage, mains water, mains electricity and electric night storage heating. Broadband highest available download speeds - Standard 4 Mpbs, Superfast 80 Mpbs (sourced from Ofcom).
Mobile signal - EE - Good outdoor & variable indoor, Three - Good outdoor, O2 - Good outdoor, Vodafone - Good outdoor (sourced from Ofcom).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About 19, Lowen Way, Truro
Explore nearby