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For saleReduced 29 Sept 2026
£400,000

Malpas Road, Truro, Cornwall, TR1 1PT

3bedrooms
2bathrooms
Flattype
Leaseholdtenure

Listed 18 Aug 2026 · price reduced 29 Sept 2026 · Truro

How the price compares

This home£400,000
Median 3 bed in TR1£325k94 homes listed · £338 per sq ft
Difference+23%above the area median

Key features

  • Prestigious waterside apartment within one of Truro’s most sought-after developments.
  • Secure underground parking with allocated space for one vehicle
  • Lift and stair access to the second-floor apartment
  • Spacious and well-presented three-bedroom accommodation
  • Exceptional open-plan living, dining and kitchen area ideal for entertaining
  • Two private waterside balconies enjoying stunning river views
  • Principal bedroom with en-suite shower room and direct balcony access
  • Panoramic views of the Truro River and the iconic three-spired Truro Cathedral
  • Arguably one of the finest waterside apartments in Truro, offering a unique lifestyle setting with afternoon sunshine and spectacular scenery throughout the year

About this home

*** REDUCED TO £400,000 ***

Available for immediate occupation – no onward chain. A superb purpose built architect designed lift served, waterside apartment with spacious 3 bedroomed accommodation with the benefit of two west facing balconies, looking both up and down the Malpas river below. With secure undercover gated parking with allocated space as well as huge communal roof terrace with sensational views. Well presented, perfect for low maintenance living with both city centre and waterside on your doorstep.

Arguably one of the very best apartments within this well regarded development close to the city centre with the full range of Truro’s amenities, located just a short level walk away and also the aesthetic beauty of Truro’s waterside literally on your doorstep. From the secure underground parking area with allocated space for one vehicle, both lift and stairs give access to the second floor level where a private door opens into the entrance vestibule and in turn into a welcoming L-shaped reception hall. To the left is the second bedroom, a good sized double, currently used as a study and at the other end of the L-shaped hallway is a further double bedroom adjacent to the main shower room.

On the waterside of the property are the two most important rooms which really stand this apartment apart from most others within the development. The main open-plan living space is vast and particularly impressive, a fantastic living/entertaining space with plenty of room for easy chairs and sofas, an eight seater dining table. In the left hand corner a well fitted kitchen with electric oven and grill, gas hob. The centrepiece of the room are full height glazed windows and doors overlooking and opening out onto the covered waterside balcony from which there are fantastic views up, down and across the Truro river and perfectly positioned for the afternoon sun. Adjacent is a fantastic large principal bedroom with en-suite shower room and a fantastic long private waterside balcony with views across the river and also a magnificent view of Truro’s three spired cathedral. All in all, one of Truro’s best waterside apartments with particularly spacious three bedroomed accommodation with the benefit of two waterside balconies and majestic views up and down the Truro river.

Malpas House occupies a superb location in Truro, close to the heart of the city which is only a short walk away whilst also being situated waterside on Truro River. Boscawen Park, about half a mile further along Malpas Road beside the river, includes football and cricket fields as well as tennis courts whilst one mile further along the road lies the idyllic village of Malpas at the confluence of the Truro and Tresillian Rivers with its boatyard and also the highly regarded Heron Inn. There are also delightful riverside walks to St Clement and to Tresillian beyond. Truro is Cornwall’s administrative business and shopping capital with many national and local boutique retailers along its attractive cobbled streets. The city has more recently gained a reputation of one of Cornwall’s best served and most varied evening entertainment centres with a large variety of differing restaurants and bars along with a cinema and successful Hall for Cornwall theatre with many events taking place on Lemon Quay. Truro is also ideally situated for sporting activities with many good quality golf clubs nearby. A sports centre, squash club, two tennis clubs, rugby and football clubs. Water sports are also near to hand as Truro is no more than 15 minutes’ to either the north coast for surfing or the Carrick Roads on the south coast for sailing. St Clement Woods at Idless are owned by the Forestry Commission and are only a few minutes’ drive away whilst the National Trust owned Trelissick House Estate fronting the upper reaches of the Carrick Roads is also a popular location for walking.

Lease Details Residue of 999 year lease from 2002. Service Charge £4548 per annum. Ground Rent £150 per annum. Management Company Koti PM. No holiday letting but letting on an assured shorthold tenancy is permitted. Pets are permitted with consent from the Management Company

Lift Services We understand a new lift will be required in the development in the near future. The cost of which is £12,000 for each of the apartment owners

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.

Property details

Property type
Flat
Council tax band
E
Tenure
Leasehold
Lease remaining
974 years left
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£4,548 per year
Parking
Yes

Floorplan

Floorplan

Location

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1 on this map

  • Truro Station0.9 mi
  • Perranwell Station4.3 mi

What nearby homes sold for

Median sold prices in TR1 over the last 12 months: terraced £270k · detached £450k · semi-detached £290k · flat £163k.

AddressTypeSoldPrice
The Pines, Malpas Road
Truro TR1 1SG
Detached
Freehold
27 Aug 2026£887,500
Flat 2, Malpas House, Malpas Road
Truro TR1 1PT
Flat
Leasehold
5 Mar 2026£409,000
8 Rundles Court, Malpas Road
Truro TR1 1UR
Terraced
Freehold
15 Dec 2025£300,000
Flat 7, Malpas House, Malpas Road
Truro TR1 1PT
Flat
Leasehold
2 May 2025£462,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TR1

Buying costs

Monthly repayment£2,001£40,000 deposit · £360,000 loan
Stamp Duty£10,000England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Stratton Creber, Truro, Lemon St on Rightmove (original listing). First listed 18 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 29/09/2026.

Agent disclaimer

Disclaimer - Property reference TRL260253. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stratton Creber, Truro, Lemon St. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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