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See how verdicts work2-bedroom flat · TR16 4SW
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this deceptively spacious two bedroom ground floor flat is situated in Churchtown, Illogan having excellent access to Portreath, Tehidy Country Park, Redruth and to a good range of local amenities including the A30.
The property is only a five minute drive to the local beach of Portreath and Tehidy Woods.
Internally, the property has been converted with two double bedrooms, a spacious lounge, kitchen and bathroom. This flat would make an ideal home for first time buyers, investors or a holiday let.
Leasehold with a new 999 year lease. No ground rent, no maintenance fees. The freehold will be transferred as part of the sale. Buildings insurance to be shared with the upstairs flat. Leasehold.
Council tax band A. EPC E.
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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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
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FAQ
About The Old Store,, Churchtown, Redruth
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