18 Victoria Square, Truro
Auction House London house

18 Victoria Square, Truro, Cornwall, TR1 2RX

£130,000 Score 7.5/10

Description

A Vacant End of Terrace Commercial Building. Plans have been Drawn up to Convert the Upper Floors into a Two Bedroom Split Level Flat Under Permitted Development. Further Plans have been Drawn up for the Property

Opportunities

  • Extension/HMO potential
  • Vacant
  • Freehold
  • HMO
  • 60% below market

Risks

  • Guide far below local sold prices — may be land, parking or a nominal figure
  • Guide far below local sold prices — treat % returns as not comparable

Lot details

  • Retail Property (high street)
  • A Vacant End of Terrace Commercial Building
  • Plans have been Drawn up to Convert the Upper Floors into a Two Bedroom Split Level Flat Under Permitted Development
  • Further Plans have been Drawn up for the Property to be Converted into a Four Bedroom HMO

Estimated value

£267k – £400k ≈ £334k Low confidence
How we worked this out

Based on 2 comparable sales in TR1 (median £324k) · +3% (Vacant possession)

Indication only — based on Land Registry sales and EPC data, not a formal valuation.

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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.