2-bedroom house · PL31 2UJ
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership two bedroom house available to purchase at a 75% share from £172,500 with a minimum 5% mortgage deposit of £8625. Local cornwall connection required.
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This mid terraced house is spacious and well presented throughout with two allocated parking spaces and an enclosed rear garden.
The accommodation comprises on the ground floor of entrance hall, WC lounge and well-equipped kitchen. On the first floor there is a landing area, two good sized bedrooms and bathroom.
The property has an enclosed rear garden comprising patio area with lawn and two allocated parking spaces. This is a leasehold shared ownership property.
The property is also available to be bought at the full share of £230,000.
Prince Parc enjoys a tucked away position off Longfair Road which is a modern development of mixed property types and designs located approximately 1.5 miles from the town centre.
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.
Example: Full Market Value: £230,000 75% Share Price: £172,500 Rent on un-owned share £132.75 pcm Estimated estate charge £47.11 pcm The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Please also ensure that you have spoken to your mortgage lender to avoid any unnecessary costs
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
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FAQ
About 2, Prince Parc, Cornwall
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