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See how verdicts work2-bedroom flat · PL35 0HE
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the second floor of Hollowell House, this well presented flat offers a rare combination of character, convenience and coastal atmosphere in the heart of Boscastle.
Positioned within the conservation area in the lower part of the village, the building has attractive stone and slate elevations and a strong sense of place, while the flat itself enjoys an elevated outlook across the rooftops towards the National Trust owned headland and dramatic cliffs beyond.
Inside, the accommodation is comfortable, practical and easy to enjoy, making it well suited to a range of buyers.
The sitting room is a particularly appealing space, with two windows drawing in natural light and framing the far reaching view towards the valley and coastline.
The kitchen has space for a dining table, giving it a sociable feel for everyday meals and relaxed stays by the coast.
There are two bedrooms, one double and one single, along with a bathroom, creating a layout that works equally well as a main home, a secure lock up and leave base, or a holiday let.
The flat has been maintained and improved by the present owners and benefits from Upvc double glazing and electric heating.
Hollowell House contains just six flats and is managed by the freeholders, helping to create a cared for and settled environment.
The communal slate courtyard adds further appeal, offering a pleasant shared space with seasonal planting and a backdrop that reflects the character of this historic coastal village.
Altogether, this is a property that combines low maintenance living with genuine lifestyle appeal in one of North Cornwall’s most distinctive harbour settings.
Services: Mains water, electric and drainage. Tenure - Leasehold - remainder of a 999 year lease granted in 1984 and the flat will be sold with a 1/6th share of the freehold.
Service charges - Between £400 and £600 per annum which includes building insurance. Ground rent - £10 per annum.
On entering Boscastle it is probably best to park in the main car park in the lower part of the village and as you walk towards the bridge and access to the harbour, Hollowell House will be found on the right hand side, just before the bridge.
Go through the archway to the left hand side of the building and then flights of stairs lead up to number 5 Hollowell House which is situated on the second floor.
Kitchen (3.94m x 2.51m) Lounge (4.67m x 2.9m) Bedroom 1 (3.33m x 2.54m) Bedroom 2 (2.16m x 1.88m) Bathroom (2.2m x 1.32m) Services Mains water, electric and drainage.
Tenure Leasehold (1/6th Share of the Frrehold) EPC D Local Authority Cornwall Council Council Tax Band A Lease Details Remainder of a 999 year lease granted in 1984 and the flat will be sold with a 1/6th share of the freehold.
Service charges - Between £400 and £600 per annum which includes building insurance. Ground rent - £10 per annum. Viewing Arrangements Viewings Strcitly by Appointment with the Sole Selling Agent
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 5, Hollowell House,, The Bridge, Cornwall
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