1-bedroom flat · PL31 1AF
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Sale Agreed by Webbers* The building is found on St Nicholas Street, set back from the road and accessed via a shared drive.
The apartment is found at the back of the building, next to allocated parking where there is an external staircase leading to the first floor and a communal area.
Upon entering the apartment, there is a hallway that leads to the bedroom, open plan kitchen/living room, wet room and airing cupboard that houses the hot water tank.
The bedroom is a double with a window that overlooks the rear. The living room is spacious with a small kitchen area with space for appliances in one corner.
The wet room features shower, wash hand basin and WC.
First Floor Sitting/Dining Room (4.24m x 3.7m) Kitchen (2.26m x 2.26m) Bedroom (3.43m x 3.2m) Wet Room (1.83m x 1.73m) Tenure Leasehold Council Tax Cornwall Council - Band A Services Mains water, electricity and drainage Viewing Strictly by appoitment with sole selling agent
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Flat 4, 57, St. Nicholas Street, Cornwall
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