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See how verdicts work2-bedroom flat · TR1 1UR
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With river views, this ground floor apartment is superbly positioned - just a short level walk into the city centre or a lovely walk along the river to the park, tennis courts and gardens at Boscawen.
No onward chain. Why You'll Like It - Conveniently located on Malpas Road, a beautifully presented two double bedroom ground floor apartment with excellent views over the River.
To be sold with no on going chain, the apartment has a gas central heating system and double glazing and is approached via an entrance porch to an entrance hallway with a lift service to all floors and a side staircase.
Alternatively, you have your own private access via the patio doors to the front of the apartment.
With a security phone entry system, the apartment has a spacious entrance hallway with shelved storage cupboard, a lounge and a kitchen/dining room with double glazed French doors opening to a large patio area and enjoy superb waterside views.
The updated kitchen is equipped with a hob, oven, hood, fridge/freezer ,dishwasher and washing machine and our client is happy to leave the fixtures, fittings and furniture as a whole .
In addition, there is a generous bathroom with boiler cupboard and two double bedrooms both with wardrobes. To the rear, there is a residents communal parking area with permit parking.
Where It Is - Located just back from the Truro River between the city and Boscawen Park, Truro City centre is a level walk away.
Truro has a fantastic array of shops, bars and restaurants as well as being home to the recently rebuilt Hall For Cornwall theatre, Royal Cornwall Museum and the splendid Neo-Gothic Truro Cathedral (visable from the balcony).
Boscawen Park is beautifully maintained and planted with spectacular flower beds and large expanses of open space.
There are sports facilities with tennis courts, table tennis tables, children's play equipment and sports pitches as well as a choice of cafés.
From Boscawen Park the riverside walk goes to Malpas via Sunny Corner where The Heron Inn is a waterside pub with a super view or further to St Clements and Tresillian.
The Old Bakery provides a cultural hub with artists studios, exhibitions and various classes on offer. There is a choice of local primary and secondary schools within the city.
Services And Tenure - The tenure is Leasehold. 999 Year lease from 2014. Mains water, electricity, drainage and gas.
Mains gas central heating.Ground Rent/Service Charge TBC 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
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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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.
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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
Agent & docs

FAQ
About Malpas Road, Truro
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