1-bedroom flat · TR1 2PE
Sold STCListed 69 days
Opportunity summary
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About
GRADE II LISTED ONE BEDROOM APARTMENT SOLD WITH NO CHAIN A well-presented grade II listed one-bedroom apartment situated within the popular Southleigh House development, conveniently located for Truro city centre and its excellent range of amenities.
The accommodation comprises; entrance hall, spacious sitting/dining room, well-appointed kitchen, double bedroom, separate W.C. and a modern shower room.
Externally there are beautifully presented communal gardens as well as off-road parking.
The property would make an ideal first home, investment purchase or low-maintenance home for those looking to downsize. EPC-TBC. Leasehold. Council Tax-C.
General Comments - A well-presented Grade II listed one-bedroom apartment situated within the popular Southleigh House development, conveniently located for Truro city centre and its excellent range of amenities.
The accommodation comprises; entrance hall, spacious sitting/dining room, well-appointed kitchen, double bedroom, separate W.C. and a modern shower room.
Externally the property benefits from well kept communal gardens and off road parking for one vehicle.
The property would make an ideal first home, investment purchase or low-maintenance home for those looking to downsize.
Southleigh House enjoys a convenient position within Truro, providing easy access to the city's shops, cafés, restaurants and transport links. An internal viewing is highly recommended.
Truro - Truro is renowned for its excellent shopping centre, fine selection of restaurants, bars, private and state schools and main line railway link to London (Paddington).
The Hall for Cornwall is also a popular venue providing all year round entertainment and other cultural facilities include the Royal Cornwall Museum and the historic Cathedral.
Entrance Hall - Kitchen - 2.65m x 3.89m (8'8" x 12'9") - A range of base and eye level units. Integral electric oven and hob with extractor fan over. White moulded sink and drainer.
Window with views of Truro Cathedral. Radiator. Sitting/Dining Room - 4.84m x 5.57m (15'10" x 18'3") - Beautiful sashed windows with period fireplace. Two radiators.
Master Bedroom - 3.22m x 5.13m (10'6" x 16'9" ) - Built in wardrobe. Shower cubicle with potential for ensuite or walk in wardrobe. Window with views of Truro Cathderal. Radiator. W.C.
- Recently modernised. Low level W.C and hand wash basin. Shower Room - 2.12m x 1.52m (6'11" x 4'11") - Recently modernised walk in shower. Vanity hand wash basin.
Outside - The property benefits from well kept communal grounds, one off road parking space and three visitor's spaces for any guests. Tenure - Leasehold.
The lease is 999 years from June 1976 The annual service charge is £1560. Building insurance is approximately £450 per annum. The ground rent is £20 per annum which is included in the service charge.
The new purchaser will also buy with the lease a £1 share in the Southleigh Management Company Ltd which owns the Freehold for the property. Council Tax - C.
Services - Mains water, electric, drainage and gas. N.B - The electrical circuit, appliances and heating system have not been tested by the agents.
Directions - From Truro city centre proceed up Lemon Street taking the turning right opposite the Richard Lander memorial by the Thomas Daniell into Infirmary Hill.
The property can be located on your right hand side off Infirmary Hill. Data Protection - We treat all data confidentially and with the utmost care and respect.
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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.
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