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See how verdicts work1-bedroom flat · PL15 9DR
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain is offered by this one bedroom retirement apartment, available for the over 60's.
Set within an established retirement complex which is close to local amenities, this property is only one of 32 apartments and has lift facilities, residents lounge and laundry room.
This retirement property offers buyers the chance to purchase in a well-kept building with communal grounds, providing independent living alongside a communal aspect with a shared living room, laundry room and social events.
Manaton Court was originally built by McCarthy & Stone and consists of 32 apartments arranged over four floors each served by a lift.
It is a condition of purchase that residents be over the age of 60 years, or in the case of a couple, one over 60 and the other over 55 years.
The property is double glazed with electric heating and there is communal parking on a first come, first serve basis.
Main Entrance A door to the front of the building gives access to a communal hallway which leads to the lift area. This will give access to the second floor.
The flat is accessed via a communal hall way with it`s own private entrance door. Accommodation The hallway has doors to the lounge/diner, bathroom and bedroom.
A further door opens into a walk in storage cupboard. Lounge/Diner A spacious room with window and door giving access to the exterior and communal grounds.
There is a fireplace with inset electric fire. Double doors give access into the kitchen. Kitchen Fitted with a range of base and wall mounted units with working surfaces and tiled splashbacks.
Inset sink and drainer, built in oven and grill, four ring hob with extractor over. Bedroom Window to the rear, built in wardrobe.
Shower Room Shower enclosure, hand rails, tiling to walls, wash basin with cupboard below.
Communal Areas The development offers the useage of communal areas such as a living room, laundry room, well maintained gardens and patio area.
These areas are maintained as part of the service charge.
Material Information Tenure: Leasehold, 125 years from 1st June 2008 Service Charge: Half yearly 1st March 2026 - 31st August 2026 - £2,057.37 Ground rent: Tbc Local Authority: Cornwall Council Council Tax Band: B Heating: Electric Mains Services: Electricity, water and drainage Parking: Communal, first come, first serve basis Please ask the agent for information relating to covenants in the Lease The property is in a radon and mining area
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 4 Manaton Court,, Dunheved Road, Cornwall
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