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See how verdicts work3-bedroom terraced house · TR1 3HS
For saleListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TERRACED CITY CENTRE PROPERTY SOLD WITH NO CHAIN This three bedroom terraced property is conveniently located within the heart of Truro, just a short walk from the city centre and train station.
A modernised and well presented property offering light and spacious rooms comprising; entrance hallway, sitting/dining room, kitchen, three bedrooms and a bathroom.
There is a rear balcony from the main bedroom as well as an enclosed courtyard garden. Permit parking available to the front. Sold with no chain, viewing is highly recommended. EPC - B. Freehold.
Council Tax - B. The Property - 16 Richmond Hill is a charming three bedroom terrace property situated in Truro, within a short walk of both the city centre and train station.
The dwelling has been a successful rental property in the past, and has recently undergone modernisation including a new kitchen suite and general re-decoration throughout.
In all, the accommodation includes; entrance hallway, open plan sitting/dining room and kitchen to the ground floor with three bedrooms and a bathroom to the first floor.
There is an enclosed rear courtyard garden to enjoy outdoor seating as well as a storage room and further outbuilding. Sold with no chain, an internal viewing is highly recommended.
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.
In greater detail the accommodation comprises (all measurements are approximate): Ground Floor - Entrance Hallway - Stairs rising to first floor with opening into; Sitting/Dining Room - 6.96m x 3.90m (22'10" x 12'9") - A spacious, dual aspect room with window to front and patio doors opening out into rear garden.
Space for living area and dining table. Kitchen - 3.89m x 2.24m (12'9" x 7'4") - A modernised kitchen suite comprising a range of base and eye level units with worktops over.
Space for fridge/freezer and cooker with extractor fan over. Plumbing for dish washer, washing machine and tumble dryer. Inset sink with window to rear.
First Floor - Bedroom - 3.45m x 3.28m (11'3" x 10'9") - With fitted wardrobes and radiator. Double doors opening out onto; Balcony - A sunny, and private spot to enjoy the bright aspect to the rear.
Bedroom - 3.54m x 3.06m (11'7" x 10'0") - Window to front. Radiator. Bedroom - 2.70m x 1.85m (8'10" x 6'0") - Window to front. Radiator.
Bathroom - 3.16m x 2.24m (10'4" x 7'4") - A spacious bathroom suite comprising bath, shower cubicle, pedestal hand wash basin and low level w.c. Obscured window to side. Fitted cupboard.
Outside - An enclosed rear garden laid to patio with steps up to a further seating area with flowerbeds.
There is a useful storage room that could be utilised as a utility room as well as a further outbuilding for storage purposes. Services - Mains water, electric, drainage and gas.
N.B - The electrical circuit, appliances and heating system have not been tested by the agents. Council Tax - B. Tenure - Freehold.
Directions - Proceed from the city centre towards the train station and on reaching Richmond Hill, number 16 can be found half way up on the left hand side where a Philip Martin sale board has been erected.
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
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.
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FAQ
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