4-bedroom detached house · TR1 3BP
For saleListed 72 days
Opportunity summary
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About
Lucerne is a detached four bedroom dormer bungalow situated in a highly sought-after location within Truro, enjoying a pleasant position just a short distance from the city centre, now offers an exciting opportunity for general refurbishment, upgrading and modernisation Why You'll Like It - Lucerne is a detached four bedroom dormer bungalow situated in a highly sought-after location within Truro, enjoying a pleasant position just a short distance from the city centre, with Bosvigo Primary School just over the road.
The property has been a well loved family home and is offered for sale for the first time in over 60 years.
While it has been well maintained throughout this time, it now offers an exciting opportunity for general refurbishment, upgrading and modernisation.
The accommodation provides four bedrooms, making it suitable for a wide range of buyers, whether as a comfortable family home or an appealing option for those seeking city living.
The layout offers a good degree of versatility and flexibility. Externally, the property benefits from front and rear gardens, a good-sized garage, workshop and greenhouse.
Parking is available alongside the garage. NO CHAIN Where It Is - Lucerne is located in the popular Redannick area, within walking distance of the City centre.
Salisbury Road, just off Chapel Hill is essentially a cul-de-sac where it is remarkably quiet for being in the city, well away from passing traffic but within walking distance of the shopping centre.
The location is fantastic and whilst very close to the centre of Truro which is within a short 5-10 minute walk. Bosvigo primary school is also close by as is Truro High School for Girls.
Truro is renowned for its excellent shopping centre, fine selection of restaurants and bars. The main line railway station is within a fifteen minute walk with links to London (Paddington).
The Hall for Cornwall is also a popular venue providing all year round entertainment and other cultural facilities include the Royal Cornwall Museum and the historic Cathedral.
Permit parking is available within Salisbury Road and along Chapel Hill. Tenure And Services - The tenure is Freehold. Mains water, electricity, drainage. Oil central heating. Council tax band D.
Important Information - Clive Pearce Property, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements of fact.
2 It should not be assumed that the property has all necessary planning, building regulation or other consents and Clive Pearce Property have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. 3. Photos and Videos: The photographs and/or videos show only certain parts of the property as they appeared at the time they were taken.
Areas, measurements and distances given are approximate only. Any computer generated image gives only an indication as to how the property may look and this may change at any time.
Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
Information on the website about a property is liable to be changed at any time.
Value & comps
No previous sales on record.
Returns
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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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