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2 Bed Flat, Cash/Bridging Only, Truro, TR1 1RF £120,000

11 Polwhele Road, Truro, Cornwall, TR1 1RF - 5 views - 5 months ago
  1. Deal Search
  2. Truro
  3. TR1
  4. TR1 1RF
Sold STC
Leasehold
Cash
ROI: 6%
52 m²

ValuationFair Value

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Property History

Listed for £120,000

July 3, 2025

Sold for £90,000

2019

Floor Plans

Description

  • CASH BUYERS ONLY – Cornish Unit Construction +
  • Ground floor flat +
  • 2 double bedrooms, bathroom +
  • Large living room, kitchen/diner +
  • Private rear garden plus outbuilding +
  • Great investment purchase +
  • No onward chain +
  • Video tour available +

The Property

A ground floor flat located in a quiet residential location available to CASH BUYERS ONLY due to the ‘Cornish Unit’ construction - therefore not being acceptable for mortgage purposes.

Bought in 2019 by my client and having undergone a thorough renovation, the spacious accommodation comprises entrance hall with storage, two double bedrooms, large living room, bathroom and fully fitted kitchen/diner with further integrated storage. All is well presented and ready to move in to and benefits from gas central heating and modern electrics.

To the rear there is a great sized private rear garden which is South facing and has the added benefit of a lean-to outbuilding with plumbing for a washing machine and lots of storage space. Parking is available on the street and is unrestricted.

This would make a lovely affordable home or an excellent investment with a track record of profitably offering a 9-10% gross yield on the asking price, available immediately and with no onward chain.

The Location

Polwhele Road is located on the North/East side of the city and is a quiet residential location benefiting from being a cul-de-sac with no passing traffic. You can drive in to Truro city centre in around 5 minutes and a walk is less than a mile and around 20 minutes. This position is particularly convenient for Penair Secondary School, Archbishop Benson and Tregolls Academy primary schools, Waitrose supermarket, a local convenience store and a great nearby fish & chip shop. You are very quickly out into the countryside here, there are lovely walks nearby and to North/East you can be on the stunning Roseland Heritage Coast in around 10 minutes enjoying St Mawes, Portscatho and Carne Beach to name a few. Heading out of town North you’ll be on the A30 in less than 10 minutes and there are excellent transport links with buses heading in all directions nearby.

Truro is the capital of Cornwall and as such boasts much in the way of vibrancy and a real 'buzz' all year round. There is a vast array of excellent restaurants, bars, pubs and cafes as well as varied shopping facilities from main high street retailers to independent shops and local markets. Well renowned schools are in abundance and there is a main line railway link to London (Paddington) within 5 hours. Draws such as the newly renovated Hall for Cornwall, historic Truro Cathedral and Royal Cornwall Museum are on one's doorstep with regular city events taking place throughout the year such as Truro Food Festival, City of Lights and famous Christmas markets.

Property Information

Tenure: Leasehold
Leasehold Terms: 125 years from 1994 (94 years remaining). £173 service charge per year. £10 ground rent per year. Freeholder Cornwall Council.
Council Authority: Cornwall
Council Tax Band: B
Services: Mains water, drainage, electric and gas are all connected.
Mobile Signal: Best networks – EE/Vodafone/O2 (good indoor & outdoor)
Broadband: Ultrafast available. Max Download 1800Mbps. Max Upload 1000Mbps.

Note: Whilst every care has been taken by James Cane Estate Agent Ltd in the preparation of these sales particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given with employment of their own property professionals.

Agent Details

James Cane, Truro

01876 520409

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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