2-bedroom flat · TR19 7ST
For saleListed 115 days
Opportunity summary
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About
This spacious first floor flat is offered to the market chain free. With two bedrooms, generous living room, kitchen/diner and bathroom, we feel the property makes a great first time buy.
To the rear of the property there is a lawned garden garden area. The property is double glazed and warmed via electric heating.
This property is being sold with a Section 157 restriction that requires buyers to have lived or worked in Cornwall for the last three years.
Pendeen is near the coast and has a historic reputation for smuggling activities, it is also near the World famous Geevor tin mine.
The South West Coast Path is less than a mile away in addition to a number of local footpaths for exploring the surrounding country side and rugged coastline in this area of outstanding natural beauty.
St Just lies three miles away and has a wide range of retail outlets along with primary and secondary schooling, a doctor's surgery and Cape Cornwall Golf Club with its spectacular scenery and eighteen hole golf course.
Penzance, the largest town in West Cornwall lies approximately eight miles away, here you will find the mainline railway and a wide range of retails outlets, along with a beautiful promenade which takes in the stunning sea views over Mount’s Bay.
Accommodation Comprises External steps to entrance. Double glazed panel door to:- Entrance Hall Electric panel heater. Access to loft space.
Doors to:- Kitchen/Diner (18' 6'' x 8' 4'' (5.63m x 2.54m) maximum measurements) Fitted with a matching range of light wood effect wall and base cupboards with roll edge worksurfaces over incorporating a stainless steel single drainer sink unit.
Space for cooker and space and plumbing for washing machine. Double glazed windows to side and rear. Electric panel heater.
Door to:- Living Room (13' 7'' x 11' 7'' (4.14m x 3.53m)) Double glazed window to rear. Electric panel heater. Television point. Door to inner hall.
Bedroom One (14' 3'' x 8' 9'' (4.34m x 2.66m) plus recesses) Double glazed window to front. Electric panel heater. Built-in double wardrobe.
Bedroom Two (11' 2'' x 8' 9'' (3.40m x 2.66m) plus recess) Double glazed window to front. Built-in double wardrobe. Electric panel heater.
Bathroom Fitted with a white suite comprising panelled bath and pedestal wash handbasin. Complementary wall tiling. Separate WC Low level WC.
Outside To the rear of the property there is an allocated garden space with a useful garden store. Leasehold Information The flat is being sold with a new 999 year lease.
The current service charge is £142.59 per annum (reviewed annually). The current buildings insurance is £152.58 per annum (reviewed annually). The ground rent is one peppercorn per annum.
Services Mains electricity, mains water and mains drainage. Agent's Notes For insurance, all services will be switched off or capped.
The buyer will need to put them back in place after completion and cover the cost. The Council Tax band for the property is Council Tax band ‘A’.
Directions From North Road, proceed towards Pendeen turning left at the crossroads on to the B3306.
Continue along this road and turn left upon reaching ‘The Trewellard Arms’ public house on to the B3318. Take the next turning right and the property will be seen in front of you.
If using What3words:- practical.sensibly.hardens
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 31a, Trewellard Road, Penzance
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