1-bedroom flat · PL25 4JT
For saleReduced £1.5k (−3.8%) on 22 SepListed 48 days
Opportunity summary
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About
A chain free ground floor studio flat, offering one bedroom and communal grounds.
The leasehold flat benefits from Upvc double glazing and electric heating throughout and located within close proximity of amenities. The property would benefit from updating throughout.
EPC - E *see agents notes* Location - St Austell town centre is within easy reach of the property and offers a wide range of 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 8 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 along Kings Avenue, turning right at the roundabout onto Carlyon Road and then left at the next roundabout onto Poltair Road.
Take the second turning on the right into Poltair Avenue. At the end of the road turn left onto Lostwood Road. At the top of the road Poltair Court will be found directly in front of you.
Note: The access for number 10 is located to the rear of the building; the communal entrance is not used for this apartment.
Accommodation - All measurements are approximate, show maximum room dimensions and do not allow for clearance due to limited headroom.
Accessed via the rear of the building, with Upvc double glazed door with inset glass detailing allowing external access into entrance hall.
Entrance Hall - 2.06 x 1.51 - max (6'9" x 4'11" - max) - Opening through to bathroom, opening through to lounge area and opening through to kitchen. Vinyl flooring. Wall mounted electric heater.
Part wood clad walls. Bathroom - 2.94 x 1.52 (9'7" x 4'11") - Upvc double glazed window to front elevation with obscure glazing.
Matching three piece white bathroom suite comprising low level flush WC, pedestal hand wash basin and panel enclosed bath with wall mounted mira electric shower over.
Tiled walls to water sensitive areas. Vinyl flooring. Wall mounted electric heater. Wall mounted electric central heating boiler. Extractor fan.
Kitchen - 2.96 x 2.26 - max (9'8" x 7'4" - max) - Upvc double glazed window to front elevation overlooking the communal grounds to the rear of the property.
Matching wall and base kitchen units, roll top work surfaces, stainless steel sink with matching draining board and mixer tap. Space for additional kitchen appliances.
High level mains enclosed fuse box. Opening through to shelved storage area. Wood effect vinyl flooring. Tiled walls to water sensitive areas. Fitted extractor fan.
Lounge Area - 3.77 x 2.57 (12'4" x 8'5") - Upvc double glazed window to the front elevation, shared with the bedroom area. Opening to useful in-built storage area. Wall mounted electric heater.
Television aerial point. BT Openreach telephone point. Opening through to bedroom area. Bedroom Area - 3.79 x 2.23 (12'5" x 7'3") - As previously mentioned shared window with the lounge area.
Opening through to useful in-built storage area. The property benefits from communal grounds.
Council Tax Band - A - Broadband And Mobile Coverage - 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 Property.
990 Year lease will commence upon completion. Service Charge ?1,371.36 per annum, subject to annual review. No allocated off road parking.
Please ask for a copy of the Ocean Housing Preliminary Information sheet. Pets are considered subject to permission from Ocean Housing
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 10, Poltair Court, St. Austell
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