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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
16 Greenbank Close, Grampound Road, Truro, Cornwall, TR2 4TD
This two-bedroom home is a prime investment, ideal for rentals or resale. With great views in a desirable location, it’s a smart, low-risk addition to any portfolio.
This two-bedroom home is a prime investment, ideal for rentals or resale. With great views in a desirable location, it’s a smart, low-risk addition to any portfolio.
Description
This two-bedroom home offers an excellent investment opportunity, whether you’re looking for a rental property or a project with potential for capital appreciation and resale profit. Situated in a desirable location with lovely open views, this property is perfect for investors seeking a smart, low-risk addition to their portfolio.
Property Overview
✅Well-maintained accommodation – Includes a living room, a functional kitchen/diner, two bedrooms & bathroom.
✅Outdoor space – An enclosed rear garden provides privacy and potential for enhancements to increase value, while an open-plan front garden adds curb appeal.
✅Parking & Storage – The property includes a garage and additional parking, increasing its desirability.
✅Eco-Friendly & Cost-Efficient – The home features an electric heating system powered and paid for by solar panels, reducing running costs—a strong selling point for future buyers.
Investment Highlights
✅ Rental Income Potential – Located in an area with rental demand, making it an ideal buy-to-let investment with the potential for strong yields.
✅ Flipping Potential – With modern upgrades or cosmetic enhancements, this property offers significant resale value.
✅ Desirable Location – Close to key towns, local amenities, and transport links, making it attractive to both tenants and future buyers.
✅ Low Running Costs – The eco-friendly heating system and well-maintained structure mean lower ongoing expenses.
This property is located in a popular village between Truro and St Austell, offering strong investment potential. The village provides local amenities, including a primary school, village shop, and cricket team, making it desirable for renters and buyers alike.
Just 8 miles away, Truro offers excellent shopping, schooling, and business opportunities, while St Austell (9 miles east) provides supermarkets, retail parks, and leisure facilities. With ongoing regeneration in the area, property values are set to rise.
The Roseland Peninsula and South Coast are a short drive away, offering stunning beaches and scenic coastal walks, further enhancing the area’s appeal. A fantastic investment opportunity with both rental and resale potential.
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Key Feature 1
Two Bedrooms
Key Feature 2
Garage
Key Feature 3
Desirable Location
Council Tax Band
B
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
Auction Ends:
- Two Bedrooms
- Garage
- Desirable Location
Auction Ends:
- Semi Open-Plan Living Room
- Modernised Interiors
- Two Bedrooms
Auction Ends:
- Lucrative Investment Opportunity
- Two Bedrooms
- First-Floor Apartment
Auction Ends:
- Immediate Rental Income
- Master Bedroom Balcony With Estuary Views
- Three Bedrooms
Auction Ends:
- Four-Bedroom Layout Over Three Floors
- Detached, Substantial Triple Garage
- High-Quality Kitchen
Auction Ends:
- Two Bedroom Detached Bungalow
- Loft Room
- Partly Converted One Bedroom Annex
Auction Ends:
- Holiday Home & Huge Holiday Rental Potential
- On-Site Facilities
- Widemouth Bay Three Minutes Away
Auction Ends:
- Semi-Detached House
- Three Bedrooms
- Garden & Driveway Parking
Buy It Now - Available Until:
- Charming & Chain Free!
- Extended Two Bedroom End Terrace Cottage
- Secluded Spot In The Heart Of Town
Buy It Now - Available Until:
- Luxury Holiday Lodge
- Upgraded Specification
- Devon/Cornwall Border
- Bidding via committed offer is simple
- Bid for free - No bidders security deposit needed, just register for auction passport
- Online bidding process runs to advertised end date
- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
- All interested bidders are assumed to have carried out due diligence and checks prior to bidding on the lot
- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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