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See how verdicts work1-bedroom flat · PL17 7AD
Sold STCReduced £10k (−14.3%) on 20 SepListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £70,000 to £80,000 This idea first time buy or investment opportunity is a must to view. Offering a gross rental yield of 11.2% a shrewed purchase this would make.
Centrally located surrounded by local amennities and internally offering a 17' kitchen/living area, a 13' bedroom & a 9' shower room. This property is offered with no onward chain.
Representing an excellent opportunity for first-time buyers and investors alike, this centrally located property combines an accessible purchase price with impressive investment potential and is offered to the market with the added benefit of no onward chain.
For those looking to expand or begin a property portfolio, the property offers a particularly attractive proposition, with a gross rental yield of approximately 11.2%, making this a potentially shrewd purchase for investors seeking a strong return.
Equally, its manageable accommodation and convenient location could make it an ideal first step onto the property ladder. Arranged over approximately 332 sq.
Ft., the accommodation has been cleverly designed to maximise the available space.
At the heart of the property is the generous 17' kitchen/living area, providing an open-plan environment for cooking, dining and relaxing.
The kitchen is incorporated seamlessly into the living space, creating a practical and sociable layout ideally suited to modern living.
The separate bedroom extends to an impressive 13'10", providing excellent space for a property of this type, whilst the accommodation is completed by a 9'6" shower room.
One of the property's key advantages is its central location, placing a wide variety of everyday amenities and facilities within convenient reach, further enhancing its appeal to both owner-occupiers and prospective tenants.
With its £70,000 to £80,000 guide price, approximately 11.2% gross rental yield, central location and no onward chain, this is an opportunity that deserves serious consideration.
An internal viewing is highly recommended to fully appreciate the accommodation and investment potential on offer.
Agents Note Tamar Estates recommends that all prospective viewers complete the 3D virtual tour before arranging an in-person viewing, ensuring the property is suitable for their requirements before booking a visit.
The Location Callington is a charming market town in southeast Cornwall, celebrated for its friendly community, rich history, and stunning countryside setting.
Nestled in the Tamar Valley, an Area of Outstanding Natural Beauty, Callington provides a perfect blend of tranquil rural living and modern conveniences.
The town boasts a variety of local amenities, including independent shops, supermarkets, schools, and welcoming pubs and cafés.
Its iconic landmark, Kit Hill, offers breathtaking panoramic views and is a popular spot for walking and exploring Cornwall’s mining heritage.
Callington also hosts a weekly country market and is known for its annual Honey Fair, a vibrant event showcasing local produce and crafts.
The Location For commuters, Callington is conveniently located near the A388, providing easy access to Plymouth, Tavistock, and Launceston, as well as connecting routes to the rest of Cornwall and Devon.
The nearby Tamar Valley railway line and proximity to Dartmoor National Park further enhance the area’s appeal for nature lovers and adventurers.
Whether you're seeking a family home, a retirement retreat, or a lifestyle property, Callington offers a peaceful yet well-connected setting with a welcoming community at its heart.
The Property Kitchen/Living Area (3.34m x 5.35m) Bedroom (2.03m x 4.22m) Shower Room (0.8m x 2.9m) Directions What3Words///botanists.marginal.seaweed Material Information Tenure: Leasehold Lease Length: 99 years from and including 1 October 2015 Council Tax Band: A with Cornwall County Council.
Broadband: Standard, Superfast & Ultrafast. Mobile: EE, 3, O2 & Vodafone Likely Mains: Electricity, Water & Drainage. Heating: Electric. Rights and Restrictions: None.
Flood Risk: Very Low Risk .1%. Mining: Not Affected By Mining. Construction: Stone, Brick & Block. Parking: On Street Parking. Disclaimer 1.
Accuracy Of Information: These sales particulars have been prepared as a general guide only and do not form part of any offer or contract.
All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided in good faith and are believed to be accurate at the time of publication.
However, they should not be relied upon as statements or representations of fact, and any interested parties should independently verify the accuracy of the information. 2.
Measurements And Floor Plans: All measurements are approximate and provided for general guidance only. Floor plans are not to scale and are for illustrative purposes only.
Purchasers are advised to check measurements for specific purposes, such as furniture placement or structural changes. 3.
Condition And Suitability: No warranty or guarantee is provided regarding the condition, structural integrity, or suitability of the property for any specific purpose.
Interested parties are advised to obtain professional surveys and legal advice before entering into any contract. 4.
Services And Appliances: The agent has not tested any services, systems, or appliances at the property.
Purchasers are encouraged to carry out their own investigations to confirm that these are in working order. 5.
Photographs And Marketing Materials: The photographs, videos, and other marketing materials included in these particulars are for illustrative purposes only and may include items that are not part of the sale.
Properties may appear different during viewings. 6.
Third-Party Information: Where information has been provided by third parties (such as planning permissions or legal documentation), the estate agent does not accept liability for any inaccuracies or omissions.
7. Viewing Arrangements: Viewings are strictly by appointment through the estate agent. Any prospective purchasers entering the property do so at their own risk. 8.
Fees: In accordance with Anti-Money Laundering Regulations, Tamar Estates is legally required to carry out customer due diligence checks on all clients.
This includes verifying identity and confirming the source of funds for any transactions. To comply with these legal obligations, we engage third-party providers to conduct the necessary checks.
A non-refundable fee of £60.00 (inclusive of VAT) will be charged to cover the cost of these verification processes. 8.
Fees: (Continued) This fee is payable prior to commencing any property marketing or at the point of acceptance of an offer on a property.
Failure to provide the required information or complete the necessary checks may result in delays, the termination of our services or your offer not being accepted.
For further information on our obligations under the Money Laundering Regulations, please contact us at 9.
Regulatory Compliance: This property is marketed in compliance with the Consumer Protection from Unfair Trading Regulations 2008, the Business Protection from Misleading Marketing Regulations 2008 & and ntselat Material Information Parts A, B & C.
Should you have any concerns, please contact the estate agent. 10. Solicitor Referral: Tamar Estates may refer clients to one of our preferred solicitors for conveyancing or related legal services.
Please note that Tamar Estates may receive a referral fee of up to £125.00 (plus VAT, if applicable) from the solicitor upon completion of a transaction.
This payment does not affect the fees you are charged by the solicitor, and you are under no obligation to use any solicitor recommended by us. You are free to appoint any solicitor of your choice.
11. Offers: "We Will Beat Any Fee"* Terms and Conditions: Tamar Estates will beat any written quotation from a competing UK estate agent for an equivalent residential sales service.
The quotation must be current (within the last month), verifiable and provided prior to instruction.
Comparison is made on a like-for-like basis and excludes online-only marketing packages, referral fees, discounted or staff rates and ancillary charges.
Tamar Estates reserves the right to decline any request where the competing service is not comparable.
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 advisers 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.
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FAQ
About Ground Floor Flat, 28, Fore Street, Cornwall
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