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See how verdicts work3-bedroom flat · TR26 2PU
Listing removedListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a penthouse, duplex apartment in a select development enjoying breath taking sea and coastal views across St.Ives Bay.
Compass Point is a prominent development of apartments situated just above Carbis Bay Beach and the train station which leads into St.Ives and connects at St Erth with the Penzance to Paddington line.
The gas heated and double glazed accommodation comprises in brief of an entrance hallway with video entry, shower room, sitting room, glazed doors through to conservatory, with French doors to the front, a well fitted and equipped kitchen and a separate dining room/bedroom 3 with French doors to the rear.
On the top floor there are two bedrooms and a family bathroom. With access off the conservatory and kitchen there is a good size terrace that enjoys stunning sea and coastal views.
The property benefits from a garage and there are a number of visitor spaces. An early viewing of this very impressive penthouse is highly recommended !
Agents note - The lease is currently in the process of being extended to a 999 year lease
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 13, Compass Point, Carbis Bay
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