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See how verdicts work3-bedroom detached house · TR1 1SQ
For saleReduced £25k (−3.7%) on 23 OctListed 48 days
Opportunity summary
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About
A striking waterside home arranged in a reverse level style with fabulous broad views over the Truro River to wooded countryside beyond. 3 Bedrooms, 2 shower rooms. Freehold. EPC - E.
Situation Malpas is one of Cornwall's most coveted waterside villages, occupying an idyllic position on the upper reaches of the Fal Estuary where the Rivers Truro and Tresillian converge.
Set within an Area of Outstanding Natural Beauty, this picturesque riverside community is renowned for its breathtaking scenery, rich maritime heritage and welcoming village atmosphere.
At its heart is the much-loved Heron Inn, while Malpas Marina is just a short stroll away.
Scenic riverside footpaths lead to the charming village of St Clement and beyond, with the sheltered estuary providing exceptional opportunities for sailing, paddleboarding, kayaking and other water-based pursuits.
Despite its peaceful, semi-rural setting, Malpas is only two miles from the cathedral city of Truro, offering an outstanding selection of independent boutiques, restaurants, cafés, cultural attractions and highly regarded schools.
Truro's mainline railway station provides direct services to London Paddington, while Cornwall Airport Newquay offers convenient connections to destinations across the UK and beyond.
The Property Occupying a wonderful position on the western edge of the village, Southward enjoys fine views across the Truro River to the wooded countryside beyond.
Designed to make the most of its setting, this attractive reverse-level home has the main living accommodation on the first floor, where the views are best enjoyed.
To the front of the property is a generous brick-paved driveway providing parking and access to the integral garage.
On the ground floor is a self-contained suite comprising a kitchen, shower room and bed/sitting room, offering ideal accommodation for guests, dependent relatives or multi-generational living.
Stairs rise to the first floor, where the impressive sitting room has full-width glazing and sliding doors opening onto a wide balcony, perfectly positioned to take in the views.
Also on this floor are a contemporary fitted kitchen, two bedrooms (with scope to reinstate a dividing wall and doorway to offer a further small bedroom or office) and a modern shower room.
Outside To the front of the property, a wide brick-paved driveway provides off-road parking for two to three vehicles.
A section of the driveway is subject to a right of way serving the neighbouring property, while still retaining ample parking space.
Steps lead up to a delightful, elevated sun terrace positioned to the side of Southward, featuring a perfectly placed garden room enjoying superb views all year round.
Further steps ascend through the mature, beautifully planted rear garden, which is arranged over a series of terraces with attractive seating areas and an old garden shed.
Services Metred mains water and electricity are connected. Private drainage via a septic tank. Electric heating and hot water. Good mobile network coverage (Ofcom).
Ultrafast broadband available in the area (Ofcom) Viewings Strictly by prior appointment with Stags Truro. Directions What3words: ///suits.warms.countries
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.
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