1-bedroom flat · PL31 1JT
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity for first time buyers or investors to acquire A ground floor one bedroom flat with modern kitchen spacious living and allocated parking being sold with no onward chain.
This one-bedroom chain free flat has recently been much improved by the current owner to include a kitchen revamp, new carpets, and re-decoration throughout.
The flat presents a fantastic opportunity to acquire a conveniently laid-out home, ideal for those taking their first step onto the property ladder or investors seeking a straightforward addition to a portfolio.
The property benefits from generous room sizes and a practical layout, with the added advantage of an allocated parking for one car located to the rear of the building with a further area immediately in front of the flat’s entrance which can also be used for parking.
The accommodation comprises an entrance hall leading into a bright living space, which features an open archway from the kitchen through to the open plan living room, creating a sociable and versatile living space.
The kitchen is fitted with a range of modern units and work surfaces, offering a functional setup with plumbing for a washing machine and space for a dish washer and fridge freezer.
The double bedroom is well-proportioned and neutrally presented, providing comfortable accommodation. A fitted shower room completes the property, offering a simple and practical layout.
To the rear of the building there is an allocated parking space as well as further parking outside the entrance to the flat. This is a leasehold flat.
The lease commenced in 1989 which runs for 999 years and in the year 2026 this leaves 962 years remaining.
There is a service charge payable which include building insurance which is £1500 per annum which can be paid monthly. There is no ground rent payable.
The new owner of this flat will become a member of the management committee.
The town of Bodmin caters well for day to day needs and has several supermarkets as well as primary schools, a secondary school and leisure centre.
Bodmin is situated within proximity to the A30 dual carriageway and has a mainline train station.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 1 Russell Mews,, Higher Bore Street, Cornwall
Explore nearby