Sold STC Flat

37 PENDEEN ROAD

TRURO, CORNWALL TR1 1QP

1 beds 1 baths 538 sq ft Listed 14 Aug 2024 (-647d)

£140,000

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# 1 bedroom flat for sale (TR1 1QP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 37 PENDEEN ROAD, TRURO, CORNWALL TR1 1QP |
| Price | £140,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1976-1982 |
| Floor area | 50 m² |
| Last sold | £133,250 Feb 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Current heating cost:** £754/year
- **Est. upgrade cost to C:** £11,000

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- T (£3,000 - £7,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0130-2974-9064-2422-8055)

## Description

The main accommodation comprises of an entrance hall giving access to all rooms. A light and airy lounge/dining room with storage and  carpeted flooring. The kitchen area is well equipped with an abundance of storage, food preparation space. The bedroom benefits from laminate flooring. The accommodation is completed with a tiled bathroom which has a three-piece suite including a walk-in shower.

This property benefits from double glazing and an electric heating system.

To the rear of the property is a garden which is mainly lawned. To the front of the property there is a patio area which would be a great spot to enjoy the Cornish sunshine or to entertain.

The location and attractive price will be popular with potential buyers. An early viewing is recommended to avoid missing out.

A superb and convenient location for Truro city centre only a mile away. 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 chains as well as an excellent collection of art galleries, bars, restaurants, boutiques, night clubs, cinema, the Hall for Cornwall and the Royal Cornwall Museum all dotted around the cobbled streets. Truro train station also lies at the centre of the Cornish transport network and is on the mainline to London Paddington with Newquay airport approximately 19 miles away. Just beyond the city centre is the Royal Cornwall Hospital, Truro College and an 18 hole golf course.

## Property Photos

- ![Front](/listings/photos/151333121/426184) - Front
- ![Kitchen](/listings/photos/151333121/426185) - Kitchen
- ![Front Garden](/listings/photos/151333121/426186) - Front Garden
- ![Lounge](/listings/photos/151333121/426187) - Lounge
- ![Bedroom](/listings/photos/151333121/426188) - Bedroom
- ![Bathroom](/listings/photos/151333121/426189) - Bathroom
- ![Lounge](/listings/photos/151333121/426190) - Lounge
- ![Kitchen](/listings/photos/151333121/426191) - Kitchen
- ![Bedroom](/listings/photos/151333121/426192) - Bedroom

## Floorplans

- ![Floorplan](/listings/photos/151333121/426193) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/151333121/426194) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 PENDEEN ROAD, TRURO, CORNWALL, TR1 1QP | £133,250 | 28/02/2025 | Flat |
| 37 PENDEEN ROAD, TRURO, CORNWALL, TR1 1QP | £85,000 | 09/08/2012 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £270,000 | 14/12/2023 | Flat |
| [Same street] 12 PENDEEN ROAD, TRURO, CORNWALL, TR1 1QP | £248,000 | 14/02/2023 | Semi-detached |
| 40 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £260,000 | 19/07/2022 | Flat |
| QUARRY HOUSE FLAT 7 MALPAS ROAD, TRURO, CORNWALL, TR1 1UR | £230,000 | 13/05/2022 | Flat |
| 38 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £255,000 | 22/12/2021 | Flat |
| 30 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £270,000 | 30/09/2021 | Flat |
| 23 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £295,000 | 20/08/2021 | Flat |
| 16 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £299,950 | 27/07/2021 | Flat |
| PENDOWR WHARF 3 MALPAS ROAD, TRURO, CORNWALL, TR1 1AX | £285,000 | 24/06/2021 | Flat |
| 31 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £258,500 | 08/06/2021 | Flat |
| 8 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE | £272,500 | 07/06/2021 | Flat |

**Street average:** £248,000 (1 sale)
**Area average:** £269,595 (10 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £176,917 (13 Flat, TR1, 2024–2026)
- **Deviation:** -20.9%

## Rental Range

*ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £902/mo
- **Realistic:** £1,002/mo
- **Optimistic:** £1,102/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Detached House, Trelander Highway, TR1 | £1,100/mo | 1 | 0.52 miles | OpenRent |
| 1 Bed Terraced House, Carclew Street, TR1 | £850/mo | 1 | 0.53 miles | OpenRent |

**Average rent: £975/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.7% (weak for cashflow)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £975/mo).*

- **Gross yield:** 8.4%
- **Cost-to-rent:** 12×
- **Monthly cashflow:** £301/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,800/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -15.1%
- **10y growth:** -12.6%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -5.5%
- **5y growth (index):** -0.9%
- **10y growth (index):** 20.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Kitchen Front Garden Lounge Bedroom Bathroom Lounge Kitchen Bedroom

/ 9

Property details

Tenure

LEASEHOLD (83 years remaining on lease)

Floor area

50 m²

Council tax band

EPC rating

Year built

England and Wales: 1976-1982

Last sold

£133,250 Feb 2025

Price per m²

£2,800/m²

Local average

£176,917 (-20.9%)

Deprivation

Decile 3 (8,808 of 33,755)

Street crime

197 incidents within 1 mile (Mar 2026)

Additional details

Garden: Yes

Description

A well-presented, one bedroom, ground floor flat, located a mile from Truro city centre with all the amenities of the city on offer. Offered for sale with no upward chain. An ideal investment, first time property or for buyers looking to downsize with the city in easy reach.

The main accommodation comprises of an entrance hall giving access to all rooms. A light and airy lounge/dining room with storage and carpeted flooring. The kitchen area is well equipped with an abundance of storage, food preparation space. The bedroom benefits from laminate flooring. The accommodation is completed with a tiled bathroom which has a three-piece suite including a walk-in shower.

This property benefits from double glazing and an electric heating system.

To the rear of the property is a garden which is mainly lawned. To the front of the property there is a patio area which would be a great spot to enjoy the Cornish sunshine or to entertain.

The location and attractive price will be popular with potential buyers. An early viewing is recommended to avoid missing out.

A superb and convenient location for Truro city centre only a mile away. 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 chains as well as an excellent collection of art galleries, bars, restaurants, boutiques, night clubs, cinema, the Hall for Cornwall and the Royal Cornwall Museum all dotted around the cobbled streets. Truro train station also lies at the centre of the Cornish transport network and is on the mainline to London Paddington with Newquay airport approximately 19 miles away. Just beyond the city centre is the Royal Cornwall Hospital, Truro College and an 18 hole golf course.

Listed by

Truro, Lemon St

Countrywide UK Sales - Connells

Reference: 151333121

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 24/06/2022

Current heating cost: £754/year

Potential heating cost: £206/year

Est. upgrade cost to C: £11,000

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)
Change heating to gas condensing boiler (£3,000 - £7,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

57% since 2012

Event	Date	Price	% change
Sold	28/02/2025 (1 year ago)	£133,250	+56.8%
Sold	09/08/2012 (13 years ago)	£85,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
27 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£270,000	14/12/2023	Flat
Same street 12 PENDEEN ROAD, TRURO, CORNWALL, TR1 1QP	£248,000	14/02/2023	Semi-detached
40 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£260,000	19/07/2022	Flat
QUARRY HOUSE FLAT 7 MALPAS ROAD, TRURO, CORNWALL, TR1 1UR	£230,000	13/05/2022	Flat
38 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£255,000	22/12/2021	Flat
30 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£270,000	30/09/2021	Flat
23 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£295,000	20/08/2021	Flat
16 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£299,950	27/07/2021	Flat
PENDOWR WHARF 3 MALPAS ROAD, TRURO, CORNWALL, TR1 1AX	£285,000	24/06/2021	Flat
31 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£258,500	08/06/2021	Flat
8 BOSCAWEN WOODS, TRURO, CORNWALL, TR1 1UE	£272,500	07/06/2021	Flat

Street average: £248,000 (1 sale)

Area average: £269,595 (10 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -15.1%

10y growth -12.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Flats and maisonettes. As of February 2026.

1y (index) -5.5%

5y (index) -0.9%

10y (index) 20.8%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £902/mo

Realistic £1,002/mo

Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Map view View on Google Maps View on OpenStreetMap Street View TR1 1QP

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Pendeen Road	0.0 miles
Bus stop	Riverside View	0.1 miles
Shop	Unknown	0.4 miles
Shop	W. J. Beswetherick & Son Ltd	0.5 miles
Train station	Truro	1.1 miles
University	Peninsula Dental School	2.3 miles
Train station	Perranwell	4.2 miles
University	The Institute of Photography	7.0 miles
Hospital	Mount Hawke Surgery	7.6 miles

Street-level crime

Category	Count
Violence and sexual offences	81
Anti-social behaviour	30
Shoplifting	22
Criminal damage and arson	19
Other theft	17
Public order	10
Other crime	5
Vehicle crime	4
Drugs	3
Possession of weapons	2
Theft from the person	2
Burglary	1
Robbery	1
Total incidents	197

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Truro School	Other	0.3 miles	— (No rating)
Truro High School	Other	0.7 miles	— (No rating)
Tregolls Academy	Primary	0.7 miles	Inadequate — 4 Feb 2024
Penair School	Secondary	0.9 miles	Good — 17 May 2017
Bosvigo School	Primary	0.9 miles	Good — 30 Nov 2011

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Detached House, Trelander Highway, TR1	£1,100/mo	1	0.52 miles	OpenRent
1 Bed Terraced House, Carclew Street, TR1	£850/mo	1	0.53 miles	OpenRent

Average rent: £975/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.7%

Max investor price (0.8%) £121,875

Target investor price (1%) £97,500

Gross yield 8.4%

Cost-to-rent ratio 12×

Monthly cashflow £301/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 8.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).