3-bedroom house · TR1 1LR
Sold STCReduced £7k (−2.6%) on 30 JulListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious end of terrace three bedroom property located on the outskirts of Truro city centre.
Situated on a popular residential development with convenient access to the city centre, only one mile away, where there are an abundance of shops and amenities.
In addition both secondary schools and primary schools are close by at Penair School and Tregolls Academy. Offered for sale with no onward chain.
Accommodation comprises a welcoming entrance hall with cloakroom, modern breakfast kitchen, well equipped with an abundance of storage, food preparation areas and space for a dining table.
Located at the rear of the property is the lounge with plenty of space to relax for sofas and easy chairs. The focal point of the room is the log burner which sits on a slate hearth.
There are double glazed French doors leading to the rear gardens, seamlessly blending the indoor with the outside space.
The ground floor accommodation is completed with a useful utility room located at the rear of the property.
To the first floor there are three bedrooms, two doubles and a single and a family bathroom, with a shower over the bath. The property benefits from gas central heating and double glazing.
A driveway provides off street parking for two cars which in turn leads to the garage. To the front of the property there is a paved patio area with an outside store and access to the rear garden.
To the rear there is a fenced and hedged rear garden, mainly laid to lawn with raised timber decked area, an ideal spot to sit and enjoy the Cornish sunshine.
A viewing is highly recommended to appreciate the excellent location and amount of accommodation on offer.
Situated approximately a mile from Truro city centre, which has an extensive range of amenities, offering a wide array of shops, supermarkets, boutiques, cafes, bars and restaurants.
Close to a comprehensive range of professional health services, schools and national rail networks, all of which are dotted around the quaint cobbled streets and riverside walks.
A short drive from the city centre there is a range of larger retail outlet centres, The Royal Cornwall Hospital, and Newquay Airport.
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.
Area
Agent & docs
FAQ
About 71, Chellew Road, Cornwall
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