2-bedroom terraced house · TR1 3AF
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Truro, this two-bedroom property presents an exciting opportunity for investors, developers, or buyers seeking a full renovation project in a prime city centre location.
Requiring complete modernisation throughout, the property offers a blank canvas with significant scope to add value.
The existing accommodation is arranged over two floors and currently comprises a living room, kitchen, bathroom, and two bedrooms.
The property retains elements of character and, once refurbished, could make an ideal first-time purchase, holiday let, or buy-to-let investment.
Similar properties in the area demonstrate strong resale and rental demand due to the central location and accessibility to amenities.
Externally, there is a garden, offering further potential for improvement and landscaping.
Located just a short walk from Truro’s shops, restaurants, transport links, and local amenities, the property benefits from a highly desirable position within the city, making it particularly attractive for both owner-occupiers and investors.
This Property is Being sold by TAUK Modern Auction Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact TAUK to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the TAUK Auction Team.
Value & comps
No previous sales on record.
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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 starting price
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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
FAQ
About Castle Street, Truro, TR1
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