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See how verdicts work3-bedroom flat · TR1 1DR
Sold STCListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FANTASTIC APARTMENT, which is MODERNISED & BEAUTFULLY PRESENTED, that is TUCKED AWAY, YET MINUTES FROM THE CITY CENTRE, AMENITIES, BUS & RAIL STATIONS, as well as local PRIMARY & SECONDARY SCHOOLS, The property is in a SOUGHT AFTER & CONVENIENT LOCATION, enjoying 3 BEDROOMS, BEAUTIFUL OPEN PLAN LOUNGE/DINER WITH SUPERB CATHEDRAL & CITY VIEWS, PRETTY COMMUNAL GARDENS, CAR PORT FOR OFF ROAD PARKING.
PROPERTY: The design of Benson Gardens works well, centred around communal gardens, the apartment is approached via external stairs You enter the property into a welcoming entrance hallway, with door leading into the lounge diner, which is beautiful room, light and airy thanks to the large window and floor to ceiling bay window, with superb views over the city and of the Cathedral.
A great place to sit and watch the world go by.
The kitchen has been modernised, with a range of base and wall units, worktops over, modern subway tiling, built in oven and hob with extractor over, integral fridge freezer, space for washing machine and dishwasher.
There are 3 bedrooms, 2 good size double bedrooms and a third single bedroom which is currently used for a study.
The shower room again has been modernised with walk in shower, tiled walls, pedestal sink, w.c. and towel rail.
EXTERNALLY: The property has one covered carport parking space and benefits from communal visitor parking. There is a communal bin store and laundry room.
The development is maintained beautifully, the communal gardens offer plenty of areas to sit and take in the wonderful established gardens.
LOCATION: The apartment is in the sought after Moresk area of Truro, on the Eastern side of Truro, in an extremely convenient position.
Just a couple of minutes walk from the city centre, You can also walk from here to Daubuz moor which is a delightful nature reserve close by, ideal for dog walking.
The local pub, The Rising Sun in Mitchell Hill has an excellent reputation for food and hospitality.
Truro City centre has a wide selection of amenities which are literally on your doorstep, with retail shops, restaurants, bars, leisure centre, cinema and a museum to name a few, as well as a wealth of cultural attractions including The Royal Cornwall Museum and The Hall for Cornwall Theatre, the county's main theatre which attracts nationally acclaimed shows and acts and of course the splendid Neo-Gothic Cathedral.
TENURE: Leasehold - 999 year lease which started in 1974 - The service charge and ground rent combined is £1,860 per annum as at Dec 25 - It can be paid annually or monthly We understand that the leaseholders collectively own the freehold - Managing agents; Belmont Property Management - Pets are allowed subject to consent from the freeholders.
COUNCIL TAX BAND: C HEATING & GLAZING: UPVC double glazing, Electric heating. SERVICES: Mains water, drainage and electricity.
For Council tax visit ROOM SIZES: Layout detailed on the floor plan, approximate room sizes EPC Rating: D
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
About Benson Gardens, Truro, TR1
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