2 bed flat for sale

Htp Apartments, Malpas Road, Truro TR1

Htp Apartments, Malpas Road, Truro Tr1 1Qa

Suitable for owner occupiers and investors! A Well-Presented 2-Bedroom Apartment with parking n a Historic Mill Conversion in Truro.

This attractive two-bedroom, one-bathroom apartment is located on the third floor of a beautifully converted 19th-century flower mill on Malpas Road, Truro. Offered for sale with vacant possession, the property provides excellent flexibility for owner-occupation or investment. The apartment combines practical modern living with the charm and character of a historic mill conversion. It benefits from a share of the freehold, with no ground rent payable, offering long-term security for the owner.

Situated in the heart of Truro, the apartment is within walking distance of the city centre’s shops, cafes, and amenities. Truro, Cornwall’s administrative and cultural hub, offers excellent transport links, a selection of schools, and a vibrant arts and leisure scene. Malpas Road is a highly desirable residential location, combining the appeal of historic architecture with convenient city living.

Investing in Truro presents a compelling opportunity. The city has a strong and stable property market, supported by its role as a commercial, educational, and cultural centre. Demand for rental accommodation is high, driven by the local workforce, university presence, and growing popularity with professionals and families relocating to Cornwall. Truro’s ongoing development, combined with its historic charm and modern amenities, makes it a solid long-term investment for both capital growth and rental income.

Financial Breakdown

Gross Rent: £12,600.00
Net income: £9,059.52
Gross yield: 5.25%
Net yield: 3.77%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08317