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See how verdicts work3-bedroom detached house · TR27 5FN
Listing removedListed 154 days
Opportunity summary
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About
This is a 3 bedroom semi-detached house, Situated within the village of Gwinear. This property benefits from 3 bedrooms, driveway parking for two vehicles and enclosed gardens to the side and rear.
Property Description This is a 3 bedroom semi-detached house, Situated within the village of Gwinear.
This property benefits from 3 bedrooms, driveway parking for two vehicles and enclosed gardens to the side and rear. Location Copper Meadows is situated within the village of Gwinear.
The village provides a limited range of amenities and facilities, however, the nearby town of Hayle only a few miles away benefits from a wider range of amenities and facilities, it also has good transport links via mainline train station and access to the A30.
Accomodation Accommodation Offers Ground Floor Living Room Kitchen/Diner Cloakroom First Floor Landing Bedroom 1 with Ensuite Bedroom 2 Bedroom 3 Family Bathroom Exterior Enclosed Rear Garden Driveway Parking Share Example Share price: 40% share £109,000 Full price: £272,500 Monthly rent: £398.53 Monthly service charge: £31.30 *Monthly rent and service charge subject to annual review.
*Staircasing up to 100% Section 106 Restriction This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the parishes of Gwinear/Gwithian and a full financial assessment to ensure that the property is affordable and sustainable for you.
Our financial assessments are carried out by The Mortgage People (tmp). For more information on tmp please visit their website at .
The local connection requirement may not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
If you wish to submit an application, please contact tmp in the first instance to carry out a full financial assessment to establish affordability.
Properties are allocated on a first come first serve basis subject to meeting the requirements of the s.106 and demonstrating affordability. Tenure There are 117 years remaining on the lease.
Material Information Verified Material Information Costs and tenure Tenure: Leasehold Lease length: 117 years remaining (125 years from 2018) Service charge: £31.30 a month Shared ownership: 40% owned Council tax band: B EPC rating: B The building Semi-detached house, standard construction 3 bedrooms, 2 bathrooms, 1 reception Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: None Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 ok, Vodafone good, Three good, EE ok Parking: Driveway Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (CL345546): - The owner is not allowed to sell or transfer the property without the written consent of Barclays Bank UK plc.
This is a standard requirement to ensure the mortgage is settled.
- The lease contains 'alienation' clauses, which means there are restrictions on the owner's ability to sell, sub-let, or share the property without following specific procedures.
- The owner is under a legal obligation to give back (surrender) the lease to the landlord if certain conditions occur as described in the lease.
- There are restrictive covenants in a Transfer dated 21 March 2018, which are rules that prevent the owner from carrying out certain activities on the land.
- The property is subject to old rules and reservations mentioned in a 1946 deed, which refers back to a 1921 document that is no longer available.
- The 2018 Transfer includes a rule that prevents certain informal rights from automatically becoming permanent legal rights. Non-coal mining area: Yes All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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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 29, Copper Meadows, Hayle
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