We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · PL31 2NU
Listing removedReduced £3.5k (−8.2%) on 20 JunListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
23 Burnards Court is a well-presented one-bedroom retirement apartment, ideally situated in the heart of Bodmin, offering convenient access to local amenities, shops, and transport links.
Located within the highly regarded Burnards Court development by McCarthy & Stone, this apartment forms part of a purpose-built community designed exclusively for residents aged 60 and over.
Built in 1988, the development provides a safe, supportive, and sociable living environment, making it an ideal choice for those seeking comfort and peace of mind in later life.
The property comprises a spacious double bedroom complete with a built-in wardrobe, providing ample storage.
The bright and airy open-plan living and dining area offers a comfortable space for both relaxing and entertaining, and leads through to a well-appointed fitted kitchen with a range of units and workspace.
A spacious wet room serves the apartment, and there is the added benefit of a separate storage cupboard, ideal for household essentials.
The apartment is leasehold, with a 125-year lease commencing in 1988.
The current service charge is approximately £4,354.64 per annum, which includes water rates and laundry usage, with an annual ground rent of £498.32.
Residents benefit from a range of communal facilities, including a bright and welcoming residents' lounge, a shared laundry room, and a guest suite available for visiting family and friends.
The development is overseen by a dedicated Development Manager on-site four days a week, and a 24-hour emergency call system (Appello) provides additional peace of mind.
Lift access to all floors ensures the property is suitable for those with reduced mobility.
Overall, this apartment represents excellent value for those seeking a low-maintenance retirement home within a friendly and secure community.
Conveniently positioned on Berrycoombe Road, Burnards Court is within easy walking distance of local shops, bus stops, gp surgeries, and Bodmin town centre-making it ideal for day-to-day living without the need for a car.
Burnards Court features a communal courtyard, with its maintenance included in the service charge, providing the perfect spot to relax and enjoy the surroundings, along with parking for residents and guests.
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.
Area
Agent & docs
.png){kind=logo}
FAQ
About Flat 23, Burnards Court, Berrycoombe Road, Bodmin
Explore nearby
