2-bedroom terraced house · TR3 6FH
Sold STCListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern and well presented, end of terrace property is conveniently located close to the Royal Cornwall hospital, Richard Lander School and Truro College making it ideal for anyone working at the hospital or who has children looking to be close to the local schools.
The property offers an open-plan lounge/diner with French doors that open to the enclosed rear garden and a kitchen that benefits from number of integrated appliances including a washing machine, fridge freezer, electric oven and a gas hob with an extractor hood.
Also on the ground floor is a cloakroom which has a toilet and hand basin. Upstairs are two double bedrooms both decorated in neutral colours with a cream carpet.
The principal bedroom over looks the rear garden whilst the second bedroom has view to the front and benefits from a built-in cupboard.
The family bathroom has ceramic wall and floor tiles, with a white suite comprising of bath with thermostatic shower over, a wash basin and matching toilet.
Outside, there is an enclosed garden to the rear which is laid to lawn and has wooden fencing around and a gate at the far end of the garden which leads to the garage and parking area.
Built in 2014, this is a modern property which benefits from gas central heating, double glazed windows. It has an EPC rating of B, making it economical to keep warm.
Utilities to the property include, electricity, mains gas, water and sewerage.
Standard and Ultrafast broadband speeds are available in this area and a good mobile signal is likely outside the property but may be variable inside the property depending on which network you are on.
EPC rating: B.
Tenure: Freehold, Additional Information An annual service charge of £310.00 is payable to the management company, Gateway Property Management Ltd, for and on behalf of Trelowen (Gloweth) Management Company Ltd.
Whilst the main property is Freehold, the garage is leasehold. There is a 999 year lease which began on 1/1/2014, leaving 987 years left.
Kitchen/Lounge/Diner 8.04m x 4.04m (26'5" x 13'3") Bedroom 1 2.76m x 4.04m (9'1" x 13'3") Bedroom 2 2.61m x 4.04m (8'7" x 13'3") Disclosure These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale.
These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact.
Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative.
Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor.
Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis.
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.
Area
Agent & docs
FAQ
About Centenary Way, Threemilestone, TR3
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