1-bedroom flat · TR1 2GA
For saleListed 93 days
Opportunity summary
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About
ONE BEDROOM APARTMENT SOLD WITH NO CHAIN A well-presented one bedroom retirement apartment situated within the popular Lowen Court development.
Conveniently located close to local amenities and transport links, the accommodation comprises an entrance hall, shower room (newly installed), double bedroom, sitting/dining room and fitted kitchen.
An ideal low-maintenance home for those looking to downsize and enjoy independent retirement living in a quiet location. Viewing is highly recommended. EPC-TBC. Leasehold. Council Tax-B.
General Comments - Situated within the popular Lowen Court retirement development, this well-presented one bedroom apartment offers comfortable and low-maintenance accommodation.
Conveniently located close to local amenities and transport links, it provides an excellent opportunity for those seeking independent retirement living within a friendly community.
The accommodation comprises an entrance hall, shower room, double bedroom, sitting/dining room and fitted kitchen.
Offering well-proportioned accommodation throughout, the apartment is ideal for those looking to downsize while enjoying the benefits of a purpose-built retirement development in a quiet location.
Viewing is highly recommended. EPC-TBC. Leasehold. Council Tax-B.
Truro - Truro is renowned for its excellent shopping centre, fine selection of restaurants, bars, private and state schools and main line railway link 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.
Entrance Hall - Sitting/Dining Room - 3.22 x 7.22 (10'6" x 23'8") - Juliet balcony over river. Radiator. Kitchen - 2.37m x 2.65m (7'9" x 8'8") - A range of base and eye level units.
Electric hob with extractor fan over. Wall mounted electric oven. Stainless steel sink and drainer. Window to rear. Master Bedroom - 2.74m x 5.37m (8'11" x 17'7") - Built in storage. Window to rear.
Radiator. Shower Room - 1.61m x 2.01m (5'3" x 6'7") - Recently modernised with a brand new walk in shower. Low level W.C. and hand wash basin with storage below. Heated towel rail.
Services - Mains electric, water and drainage. Tenure - Leasehold. 125 Years from 1st November 2000 Annual ground rent - £725. Service charge - approx £3,850.
Council Tax - Council Tax- B N.B - The electrical circuit, appliances and heating system have not been tested by the agents.
Directions - From Lemon Quay proceed along Green Street and turn into the lane between The Old Ale House and the stove shop where the entrance to Lowen Court can be found directly ahead.
Viewing - Strictly by Appointment through the Agents Philip Martin, 9 Cathedral Lane, Truro, TR1 2QS. Telephone: or 3 Quayside Arcade, St. Mawes, Truro TR2 5DT. Telephone .
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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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