2-bedroom flat · TR1 3EW
For saleListed today
Opportunity summary
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About
PROPERTY DESCRIPTION Centrally located, being only a short walk from the city centre, this spacious two bedroom apartment forms the first floor of a beautifully converted property and would make an ideal first time buy or investment.
The property features high ceilings throughout, large windows, two spacious bedrooms, galley style kitchen with recently fitted boiler, and views towards the city.
The apartment also owns the front garden with potential for parking (subject to obtaining planning).
Packed with charm and character features - this apartment is ready for the next owner to make it home. To be sold with no chain and a long leasehold with affordable low service charge.
HALLWAY 10' 11" x 2' 9" (3.33m x 0.84m) Entering the flat from the communal hall and stairs, you have steps leading to the right or the second bedroom to the left.
Frosted sash window to the rear aspect. LIVING ROOM 10' 9" x 21' 3" (3.29m x 6.48m) Entering the lounge, filled with natural light from the three bay sash windows to the front aspect.
There is a fireplace to the left wall, with radiators. Carpet laid flooring with neutral toned walls.
KITCHEN 7' 0" x 8' 6" (2.15m x 2.61m) The kitchen has units to both sides, with a sash window facing the front aspect.
Integrated electric oven & hob with extractor fan above, Worcester combi boiler built with flue facing to the front aspect. Laminate laid flooring, space for appliances to be fitted into the units.
BEDROOM 1 10' 10" x 8' 3" (3.31m x 2.52m) The bigger of the two bedrooms, wallpapered neutral walls with laid carpet flooring. Radiator to the far wall, window to the rear aspect.
Hatch opening in to the attic space allowing extra storage.
BEDROOM 2 7' 10" x 11' 9" (2.40m x 3.60m) Second bedroom with wallpaper in neutral tones, carpet laid to the floor, sash window to the rear aspect radiator below.
BATHROOM 6' 2" x 8' 8" (1.88m x 2.65m) The bathroom has electric shower over the bathtub, with frosted shower screen. Wash basin and w/c. Heated towel rail. Extractor fan in ceiling.
STORE 2' 9" x 6' 4" (0.85m x 1.95m) Useful store with lighting, perfect for vacuum cleaners and ironing boards. GARDEN Flat 2 benefits owning the front garden.
from the decking to the wall nearside the curb. LEASEHOLD The vendor informs us that the property is to be sold with a long lease with approx.
979 years remaining, £0 ground rent and a yearly service charge of £750pa.
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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About Stratton Terrace, Truro
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