6 bedroom detached for sale

£1,200,000 Guide Price

6

Bedrooms

5

Bathrooms

Floorplan

Truly unique. An incredibly stylish, modern home within an original 1930s Art Deco property. Possibly one of the best specified properties in Cornwall that is an icon of the city.

Completely renovated, restored, and extended by the current owners, this property offers a very contemporary interior with an open plan living area ideal for entertaining as well as further reception rooms including a snug, cinema room and a playroom, gym or office.

With 6 bedrooms, four of which are en-suite, the home offers plenty of space for a large family or guests.

Throughout the redevelopment of the home, care has been taken to pay homage to the style and glamour of the twenties Art Deco movement. Elements throughout the house show a care and attention to detail rarely seen.

THE PROPERTY
The custom Nolte Kitchen features a Silestone worktop with LED lighting and a Quooker Hot/Cold/Sparkling tap. Fisker & Paykell appliances including American Fridge Freezer, 5 gas ring hob and dual induction hob, two combi-ovens and two additional ovens.

The dining area has a custom-built dining table with quartz worktop with an art-deco style light feature above. A bespoke designed bar has wine and drinks fridges, and a freezer. There are bifold doors that lead out from the kitchen/dining area to the rear patio.

The living area features a built in 5.1 surround sound system and has a double-sided gas fireplace. Karndean flooring extends throughout the upper floor.

The utility room has a stackable washer/dryer, two Fisker & Paykell double drawer dishwashers in Bauformat cabinets. A Smart-home cabinet houses a house-wide Sonos system (speakers inside and out), CCTV, Roho Lighting, Nest Smoke Alarms, hot water and heating controls, all of which can be managed online via an app. A Sky hub feeds all bed and reception rooms and the house is networked with Cat6 cables throughout.

All of the bedrooms have TV and data points and Chelsom light fixtures. There are sensor night lights in the en-suite bathrooms as well as on the stairs. The interior doors all feature art-deco inspired handles and doorplates.

The Study & Playroom include a custom-built bookshelf which conceals a hidden door between the two rooms.
In the Cinema room, a large hand crafted (custom-built) sofa extends into two sofa beds. The 106' projector screen sits in tailor made cabinetry and houses a fridge/freezer while hiding the entertainment equipment. There is a 7.1 Dolby Atmos System installed.

All en-suites have electric under-floor heating. Crosswater hardware, Lusso sinks and Sottini sanitaryware. There is a TV/Mirror in the main bathroom, a freestanding bath and double sinks. Two en-suite wet rooms feature a combination mist/waterfall and rainfall showerhead.

A terraced lawn, landscaped gardens and patio area are to the front. To the rear, a Hot Tub is inset into composite decking. There is custom built bench seating and dining tables with granite worktops.

A former garage has been converted into a gym with, power, tv points, powered Velux, and Karndean flooring. Below this is an under-croft offering useful storage.
Granite steps lead down to the house from the private off road parking area which has external lighting and the provision for an intercom and/or electric gate.

The house has bespoke, aluminium, Crittal style windows including two featured Art-Deco, curved glass windows upstairs. The roof was replaced in 2019 and has aluminium Guttering.

This home is one of the best known properties in the city, and deservedly so. It is a stunning example of Art Deco design which has been completely modernised for luxurious family living. A viewing is highly recomended.

SURROUNDING AREA
The property occupies a most convenient position within half a mile of the city centre.

Truro contains an excellent range of both national retailers and smaller specialist shops together with a theatre, cinema and numerous restaurants. The recent addition of Waitrose within walking distance acts a fantastic corner shop. There is a choice of private and public sector schooling nearby, including Penair School within walking distance. Golf courses will be found at Treliske or Killiow. The waterside, Boscowan park is a delight.

The citys bus station provides convenient access to many of the main Cornish towns and villages while the main line railway station connects with Plymouth, Bristol, London and beyond. The Truro River leads into the Carrick Roads and waters of the Fal estuary which provide excellent sailing and other water sports.

SERVICES
Mains Water & Drainage. Gas Central Heating

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 993950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 30000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 93950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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