1-bedroom flat · TR17 0EF
For saleReduced £5k (−2.6%) on 9 OctListed 189 days
Opportunity summary
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About
Ground rent (For Leasehold tenure): £874.31 per year.
Lovely sea views over Marazion and the countryside and beyond from this extremely well presented one bedroom first floor apartment, which the vendors have maintained to a high standard and is therefore for sale in good decorative order throughout.
The property has spacious accommodation which would make an ideal first time time buy or investment property, offering easy to maintain accommodation and located in the centre of this popular town, within a short walk from the sandy beaches and St Michael's Mount.
12 St Pirans Court has been used for holiday accommodation and the majority of fixtures and fittings can be made available by separate negotiation.
A particularly attractive feature is the bacony to the front of the property, which takes advantage of the sea views which are of a westerly direction, there is communal parking, on a first come, first serve basis.
Marazion is a popular town, a short dive from the main town of Penzance with its rail links to London Paddington and we recommend an early appointment.
Property additional info Double glazed entrance door to: Living room: 22' 10" x 11' 8" (6.96m x 3.56m) UPVC double glazed windows with lovely sea views over surrounding countryside, TV point, laminate flooring, electric radiator, UPVC double glazed door to: Balcony: 19' 0" x 3' 0" (5.79m x 0.91m) With sea views over Marazion, countryside and beyond.
Kitchen area: Inset single drainer sink unit with cupboards below, range of fitted wall and base units, solid wood worksurfaces, UPVC double glazed window, built in oven, four ring hob and extractor hood over, integrated fridge and dishwasher, free standing washing machine (to remain), electric radiator.
Inner hall: Built-in airing cupboard housing hot water cylinder.
Bedroom: 14' 0" x 10' 0" (4.27m x 3.05m) Double glazed window with lovely sea views over Marazion town, coutryside and beyond, built in double wardrobe, eletric radiator.
Shower room: White suite comprising glazed shower cubicle with folding glass door, vanity unit with wash hand basin and cupboards below, low level WC, tiled flooring, UPVC double glazed window.
Outside: Own balcony and use of communal parking area on a "first come, first serve" basis. Lease: 999 from year 2000. 1/6 share of the freehold.
Charges: Maintenance: £874.31 pa including communal areas. Services: Mains water, electricity, and drainage.
Directions: Via "What3Words" app:///scrapped.earphones.ramp agents note: We understand from Openreach website that Fibre to the Cabinet Broadband (fttc) is available to the property.
We tested the mobile phone signal for Vodafone which was good. Mobile signal/coverage: Good. Water source: Direct mains water. Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric). Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: Yes.
Value & comps
No previous sales on record.
Returns
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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.
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About 12 St. Pirans Court, West End, Marazion
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