2-bedroom terraced house · TR1 3QU
Sold STCListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment opportunity for someone looking to modernise a large two double bedroomed house that also has consent for an attached dwelling, details of which are available on the Cornwall planning portal PA25/08414.
Detached garage and a large corner garden plot. Close to the Royal Cornwall Hospital and Truro Golf Course.
Why You'll Like It - Located on the west side of the city, this end of terrace home offers an excellent opportunity for a buyer who's looking for something rather different.
The property is in an area which is very popular with hospital workers and provides an opportunity to purchase a house with a substantial garden plot.
There is no onward chain and the accommodation comprises; Entrance porch, entrance hallway, kitchen/dining room, through living room with French doors to garden, two double bedrooms, (other houses in this style have created three bedrooms), and a wet room style shower room.
Also, there is gas central heating, double glazing, a large corner plot garden and detached garage.
Where It Is - Malabar Road is an exceptionally convenient location and as such is highly sought after. Within easy reach of the city centre, the hospital and college, it's a good spot.
The traffic free foot and cycle path that links it to Coosebean and St George's Road is excellent.
There's a choice of convenience stores and supermarkets close at hand and the bus service comes past the property and is easily accessed. The County Arms is a great local pub a short walk away.
Truro Golf Club can also be accessed on foot from here and primary and secondary schools are near too. Truro main line railway station is within walking distance and connects with London Paddington.
Services And Tenure - Mains water, electricity, gas & drainage Freehold Council Tax band B Planning for an additional attached dwelling within the garden under application number PA25/08414 Inportant 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Malabar Road, Truro
Explore nearby