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See how verdicts work1-bedroom flat · PL25 4DP
Listing removedListed 398 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor leasehold flat in need of full refurbishment. Benefits include gas central heating, double glazing and good storage. Small outside space and communal parking.
EPC - C *see agents notes* Location - St Austell town centre is situated within a short distance and offers shopping, educational and recreational facilities.
There is a mainline railway station and leisure centre together with primary and secondary schools and supermarkets.
The picturesque port of Charlestown and the award winning Eden Project are within a short drive.
The town of Fowey is approximately 7 miles away and is well known for its restaurants and coastal walks. The Cathedral city of Truro is approximately 13 miles from the property.
Directions - From St Austell Town Centre proceed up East Hill turning left at the roundabout onto Kings Avenue.
Take the second exit onto Carlyon Road and at the next roundabout take the first exit onto Poltair Road.
At the next roundabout take the second exit onto Tregonissey Road and just after Sycamore Avenue on the left turn right into Thornpark Road.
Follow right through almost to the end and number 92 will be on the right hand side.
Accommodation - All measurements are approximate, show maximum room dimensions and do not allow for clearance due to limited headroom. Ground Floor - Entrance Door into: Entrance Lobby - Useful store.
Stairs up to:- First Floor - Landing - Radiator. In built cupboard with gas fired central heating boiler. Further in-built cupboard.
Doors to: Bathroom/Wc - 2.1 x 1.4 - max (6'10" x 4'7" - max) - Panelled bath. Low level WC. Pedestal hand basin. Radiator. Double glazed window.
Bedroom - 3.7 x 2.6 (12'1" x 8'6" ) - Double glazed window. Radiator. Lounge - 4.7 x 3.2 (15'5" x 10'5") - Two double glazed windows. Radiator. Two useful large cupboards.
Kitchen - 2.8 x 2.2 - max - l shaped (9'2" x 7'2" - max - l - Double glazed window. Radiator. Floor and wall units. Stainless steel sink unit.
Outside - There is a useful outside store and small area of outside space. Communal parking.
Council Tax Band - A - Broadband And Mobile - Please visit Ofcom broadband and mobile coverage checker to check mobile and broadband coverage.
Services - None of the services, systems or appliances at the property have been tested by the Agents.
Viewings - Strictly by appointment with the Sole Agents: May Whetter & Grose, Bayview House, St Austell Enterprise Park, Treverbyn Road, Carclaze, PL25 4EJ Tel: Email: Agents Notes - Leasehold Flat New 990 year lease commencing on completion of sale Service Charge ?466.58 per annum We have been advised by the vendor the construction is Timber framed walling, brick faced externally under a pitched roof.
Therefore please check with your lending source should you require lending. Please ask for a copy of the Ocean Housing Preliminary Information sheet
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.
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FAQ
About 92, Thornpark Road, St. Austell
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