Headland House Falmouth Road, TRURO, Cornwall. TR1 2NG - FOR SALE Guide Price £1,300,000 Freehold
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FOR SALE Guide Price £1,300,000 Freehold Headland House Falmouth Road, TRURO, Cornwall. TR1 2NG Lemon Street 01872 264120 81, Lemon Street, Truro, TR1 2PN truro@lewishaughtonwills.com
ABOUT THE PROPERTY
Exciting opportunity to purchase the entire Freehold of this wonderful property called Headland House which dates back to the
early 1920's. Commanding a prominent elevated city centre location at the 'Head' of Truro this property originally occupied a
mature plot totalling approximately an acre which over the years was divided up to allow 3 further individual detached properties
to be built. Headland House still retains very pleasant gardens, ample parking with two separate access driveways, one off
Falmouth Road and the other main sweeping drive entering just off Green Lane.
Since purchased in 2004 the property has seen an extensive scheme of renovations, re-modelling and extending in places now
providing a tasteful conversion into a number of maisonettes plus a freehold end terrace house. Each maisonette was issued with
a 999 year lease, use of all communal gardens and allocated parking. Originally there was 8 Separate units of which two have been
sold in the last 5 years. Currently there are 5 individual units that are being let by the current owners which in this market is
achieving a gross yield circa £40,000 p.a. There is also a wonderful, spacious 3 bedroom pent-house apartment with balcony that
the current owners live in which would let for £1350 pcm. If this was incorporated alongside the other 5 units for letting purposes, a
gross yield circa £55,000 would be achieved.
LOCATION
The city of Truro is the retail and commercial centre of Cornwall, with the famous Cathedral lying at its heart. The city offers a
unique mix of independent shops and multiples as well as an excellent collection of art galleries, bars, restaurants, night clubs,
cinema, The Hall for Cornwall and the Royal Cornwall Museum. The city is steeped in history and features many wonderful
Georgian terraced streets which are rivalled only in the west by Bath. There are also a number of fine municipal gardens including
Boscawen Park and Victoria Gardens, which have in the past won many awards in the Britain In Bloom competition. The city also
lies at the centre of the Cornish transport network and has a mainline station to London Paddington.
FEATURES
Prime city centre location Generous private parking - 9 spaces in total
Fantastic Investment opportunity Two separate driveways
Striking detached residence Elevated views
Potential gross yield circa £55k p.a. Part exchange considered for family home or
Beautiful landscaped gardens building plot
5 out of 6 units currently let
ROOM DESCRIPTIONS
AGENTS NOTES
APARTMENT ONE
SERVICES
The following services are available at the property, however
KILELE we are not able to verify connection; tbc
This is a three double bedroomed apartment.
Tenure is Freehold.
APARTMENT FOUR Due to the nature of the sale: These particulars are only a
general outline for the guidance of intending purchasers and
do not constitute in whole or in part an offer or a Contract and
all information and services have NOT been
KUMEKUCHA
confirmed/approved by the current vendor. Reasonable
A two double bedroomed apartment. endeavours have been made to ensure that the information
given in these particulars is materially correct, but any
intending purchaser should satisfy themselves by inspection,
APARTMENT FIVE searches, enquiries, and survey as to the correctness of each
statement. All statements in these particulars are made
without responsibility on the part of LHW or the vendor. No
MANYATTA statement in these particulars is to be relied upon as a
statement or representation of fact. Nothing in these
A two double bedroomed apartment
particulars shall be deemed to be a statement that the
property is in good repair or condition or otherwise nor that
any services or facilities are in good working order.
APARTMENT SIX
Photographs may show only certain parts and aspects of the
property at the time when the photographs were taken and
you should rely on actual inspection. No assumption should be
SAFARI made in respect of parts of the property not shown in
A two double bedroomed apartment. photographs. Any areas, measurements or distances are only
approximate. Any reference to alterations or use is not
intended to be a statement that any necessary planning,
APARTMENT SEVEN building regulation, listed building or any other consent has
been obtained.
PENDANA
A large studio apartment.
APARTMENT EIGHT
SITAWI
A spacious purpose built one bedroomed maisonette.
ROOM DESCRIPTIONS
Lemon Street
01872 264120
truro@lewishaughtonwills.com
81, Lemon Street, Truro, TR1 2PN
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