Tresawya Drive, Truro, Cornwall, TR1 Property for sale

*** £72,000 represents a 40% share in the property ***

Rent of the additional 40% share is £288.11 per month with Staircasing to 100% leasehold ownership available.

A Modern and spacious two bedroom first floor apartment. Situated on the fringes of Truro city centre, a short walk away from shops and amenities with Truro Health Park a few minutes around the corner on Infirmary Hill.

A communal entrance hall leads to the property. Accommodation comprises an entrance hall with intercom entry system leading to a spacious open plan living area with kitchen/dining/lounge. The lounge/dining area has plenty of space for sofas, easy chairs and a dining room table with doors opening onto a balcony with space for outdoor seating. The kitchen area has an abundance of storage space, food preparation areas and space for appliances. There are two double bedrooms and a bathroom with a shower over.

The property benefits from double glazing and a gas central heating system.

Outside there is one allocated parking space.

Lease Details
There are 79 unexpired years remaining (correct at the time of initial issue, 28 October 2026). Original lease term 99 years from and including 1 January 2007

Purchaser Information
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Additional Information
Please note this is a shared ownership property with Livewest. The asking price represents a 40% share of the property. Staircasing to a 100% leasehold ownership is available. Presently the owner pays £288.11 for rent of the other 60% share. £110.23 PCM service charge and £12.72 PCM buildings insurance. These figures were correct as of November 2026 and are reviewed annually.

Eligibility assessment
The housing provider will assess whether you meet the eligibility criteria for the scheme. This will be based on the eligibility criteria for the shared ownership scheme and the housing provider’s specific policies. You can apply to buy the home if both of the following apply: • Your household income is £80,000 or less • You cannot afford all of the deposit and mortgage payments to buy a home that meets your needs One of the following must also be true: • You're a first-time buyer • You used to own a home but cannot afford to buy one now • You're forming a new household - for example, after a relationship breakdown • You're an existing shared owner, and you want to move • You own a home and want to move but cannot afford to buy a new home for your needs If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase. As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Local Connection
In the first instance priority will be given to residents with a local connection to the Parish of Truro demonstrated by one of the following: (a) being permanently resident therein for a continuous period of at least 12 months immediately prior to Advertising and that residence is of their own choice; or (b) being formerly permanently resident therein for a continuous period of five (5) years; or (c) having his or her place of permanent work (normally regarded as 16 hours or more a week and not including seasonal employment) therein immediately prior to Advertising; or (d) having a connection through a close family member (normally mother, father, brother, sister, son or daughter) where the family member is currently resident therein and has been so for a continuous period of at least five (5) years immediately prior to Advertising; (e) being in such other special circumstances which the Council considers requires the applicant to reside therein as appropriate and which is consistent with the Council's Cornwall Homechoice policy as amended from time to time If no applicants come forward from the Parish of Truro, the local connection will cascade out to the county of Cornwall. This will further cascade to any eligible purchasers after a period of 90 days of advertising.