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See how verdicts work2-bedroom house · PL26 7PL
No longer listedReduced £5k (−2.4%) on 25 SepListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 2 bedroom hoome, set within A large corner plot, in a quiet cul de sac postion, located in the popular village, conveniently located for the A30, st.
Austell, truro & north coast of newquay.
The property would make a fantastic home or investment property (previously let) it boasts large privae garden, generous parking, generously sized rooms, 2 double bedrooms & log burner.
*** no onward chain *** property: The position and plot size sets this property aside from others in the area. The ground floor consists of entrance porch with handy storage cupboard.
Kitchen/breakfast room, with a range of base and all wall units, space for all appliances, sink with tap over and window to the rear.
Large lounge/diner with log burner, lovely for those winter nights, stairs to the first floor and door to the rear garden and window overlooking the front, On the first floor there are two generous double bedrooms and the family bathroom.
Externally: To the front you have generous parking for three vehicles.
The garden is again a great size, thanks to occupying a corner plot, mainly laid to lawn with decked seating area, It enjoys aspect and a great deal of privacy. Location: The village of St.
Stephens is conveniently located which is what makes it so popular as you are just as short drive from the A30, Truro, St Austell, Fraddon and the North Coast of Newquay.
The property is within walking distance to the wide range of village amenities including shop, post office, doctors’ surgery, public house, playing field and both primary and secondary schools.
Nearby at the neighbouring village of Fraddon you will find Kingsley Village retail park which has a Next store, Mountain Warehouse, Marks & Spencer, Boots, tk Max, restaurants and petrol station.
Tenure: Freehold heating and glazing: UPVC double glazed windows and electric heating. Services: Mains water, mains drainage and mains electricity. For Council tax visit EPC Rating: D
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 37 Homer Water Park, St. Austell
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