2-bedroom flat
For saleListed 2 days
Opportunity summary
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About
*** £72,000 represents a 40% share in the property *** Rent of the additional 60% share is £305.07 per month. A Modern and spacious two bedroom upper floor apartment.
Situated on the fringes of Truro city centre, a short walk away from shops and amenities with Truro Health Park a few minutes around the corner on Infirmary Hill.
A communal entrance hall leads to the property.
Accommodation comprises an entrance hall with intercom entry system leading to a spacious open plan living area with kitchen/dining/lounge providing access to the balcony, idea for alfresco eating.
The lounge area has space for sofas and easy chairs. The dining kitchen has room for a dining table, plenty of storage space, food preparation areas and some built in appliances.
There are two double rooms and a bathroom with a shower over. The property benefits from double glazing and a gas central heating system. There is one allocated parking space.
Council Tax Band B Located centrally for Truro city centre and within half a mile of an extensive assortment of amenities, offering a vast array of shops, boutiques, cafes, bars and restaurants as well as a comprehensive range of professional and health services.
All of which are dotted around the quaint cobbled streets and riverside walks.
Further to the outskirts, the city offers a range of larger retail outlet centres, county hospital and links to the national rail network.
Council Tax Band B Agents Note Some pets may not be allowed are permitted in the property. Lease Details Original lease length was 99 years which commenced in 2008.
As of 14/10/2026 Service charge is £110.23 per month and buildings insurance £12.72 per month.
Eligibility You can apply to buy the home if both of the following apply • Your household income is £80,000 or less • You cannot afford all of the deposit and mortgage buy a home that meets your needs.
One of the following must also be true: • You're a first-time buyer • You used to own a home but cannot afford to buy one now • You're forming a new household - for example, after a relationship breakdown.
• You're an existing shared owner, and you want to move • You own a home and want to move but cannot afford to buy a new home for your needs.
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
If there is a local connection criteria, it will be attached to the how to apply email. Reservation Fee £500.00 You’ll need to pay a reservation fee to secure your home.
When you pay the fee, no one else will be able to reserve the home. If you complete on the purchase of your home, the reservation fee will be added to your rent account.
If you or the seller withdraw from the sale the £500 will be refunded.
Additional Information Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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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 Tresawya Drive, Cornwall
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