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 work2-bedroom flat · PL31 1NJ
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A WELL PRESENTED TWO BEDROOM GROUND FLOOR APARTMENT WITH ITS OWN GENEROUS PRIVATE REAR GARDEN AND ALLOCATED DRIVEWAY PARKING FOR ONE / TWO CARS.
This ground floor apartment may appeal to those who are looking to make a first time purchase or one who is looking for an investment opportunity.
The apartment is approached from the front elevation and has driveway parking depending on the car size for one / two cars. A path leads down the side of the property which leads to the rear garden.
This is generous in size and is laid to lawn. There is an outhouse. The accommodation is accessed from the lounge which leads to a kitchen / diner, two bedrooms and bathroom. There is no onward chain.
This is a leasehold apartment with a 999 year lease that commenced in 2007 with 981 years remaining. The purchaser of the apartment will become an owner of 50% of the freehold.
There are no service charges or ground rents payable. Located on St Marys Road the property is approximately one mile from the town centre.
Bodmin has all the traditional elements of a market town, and caters well for daily needs, together with several supermarkets, an independent Cinema, leisure centre, several Junior schools, a Secondary/6th Form School and a College.
The town is well placed for transport links to the Cornwall Coast, with easy access to the A30. The Camel Trail provides a walking and cycling route through to Padstow.
Lounge 3.58m x 3.1m Kitchen 4.17m x 3.07m Bedroom One 4.27m x 3.28m Bedroom Two 2.4m x 3.02m Bathroom 2.16m x 1.45m
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
FAQ
About St. Marys Road, Bodmin, Cornwall, PL31
Explore nearby