We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · TR1 1AX
For saleReduced £20k (−4%) on 4 SepListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Four-Bedroom Waterside Residence | Private Parking | No Onward Chain | Panoramic River Views Offered to the market with no onward chain, this exceptional four-bedroom waterside residence occupies a prime position within the highly regarded Pendower Wharf development, boasting breathtaking panoramic views across the River Truro.
Thoughtfully designed to make the most of its enviable setting, the heart of the home is an impressive open-plan kitchen, lounge and dining area, flooded with natural light and opening onto private balconies, creating the perfect space for both entertaining and everyday living while enjoying the ever-changing riverside outlook.
The spacious principal bedroom benefits from a contemporary en-suite shower room, complemented by three further well-proportioned bedrooms and a family bathroom, offering versatile accommodation for families, professionals or those seeking a luxury lock-up-and-leave home.
Further enhancing the appeal is the benefit of private parking, providing convenience in this highly desirable city-centre location.
Combining generous living space, outstanding waterside views, private parking and one of Truro’s most prestigious addresses, this is a rare opportunity to acquire an exceptional waterfront home in an unrivalled location Occupying one of Truro’s most prestigious waterside addresses, Pendower Wharf offers an exceptional lifestyle in the heart of Cornwall’s capital.
Set alongside the River Truro, the development enjoys a peaceful setting whilst being just a short, level walk from the city centre, where you’ll find an excellent choice of independent boutiques, national retailers, cafés, restaurants and everyday amenities.
Beautiful riverside walks are on your doorstep, with nearby green spaces and the harbour adding to the appeal.
Truro’s mainline railway station is also within easy reach, providing direct services to London Paddington, making this an ideal location for commuters, professionals and those seeking a relaxed waterside lifestyle without compromising on convenience.
Combining picturesque surroundings with outstanding accessibility, Pendower Wharf is widely regarded as one of the city’s most desirable places to call home.
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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FAQ
About 5 Pendowr Wharf,, Malpas Road, Cornwall
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