2-bedroom flat · TR1 2GA
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a tucked away location in the heart of Truro City is this spacious ground floor two bedroom retirement flat for over 60’s, within minutes walk of high street shops and cafés, M&S, Hall for Cornwall, taxis and buses.
Access is via a secure entrance door leading to the communal hall.
The property comprises an entrance hall with built in storage, a good sized lounge/dining room with space for sofas, easy chairs and a dining room set.
The modern kitchen has an electric oven and induction hob and plenty of space for storage and food preparation.
There are two bedrooms, the primary bedroom includes a dressing area and ensuite shower room with, the accommodation is completed with an additional shower room.
Extra features for this complex include a communal lounge for socialising and events with a kitchen space, discreet pull cords in every room in case of emergency and managed by Careline alarm service, resident management staff and a laundry room.
Outside there is parking for residents and visitors on a first-come basis.
Situated in the heart of Truro city centre which has an extensive assortment of amenities; offering a vast array of shops, supermarkets, boutiques, cafes, bars and restaurants.
Close to a comprehensive range of professional health services and national rail networks. All of which are dotted around the quaint cobbled streets and riverside walks.
A short drive from the city centre there are a range of larger retail outlet centres, county hospital and Newquay airport.
Purchaser Information Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 advisers 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 Quay Street, Cornwall
Explore nearby