2-bedroom flat · PL25 3UQ
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom ground floor leasehold flat in need of modernisation and updating. The flat benefits from an enclosed level lawn rear garden, gas fired central heating and Upvc double glazing.
EPC- C *see agents notes* Location - St Austell town centre offers a 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. Par is a popular village situated a short drive from the property.
The town of Fowey is approximately 4 miles away and is well known for its restaurants and coastal walks. The Cathedral city of Truro is approximately 20 miles from the property.
The area of Boscoppa has good schooling nearby, including primary, secondary and further education within walking distance.
Accommodation - All measurements are approximate, show maximum room dimensions and do not allow for clearance due to limited headroom.
Directions - From St Austell Town centre head up East Hill taking the first turning at the roundabout and then the second turning at the next roundabout.
Continue along Carlyon Road and Polkyth Road and at the traffic light junction by Aldi go straight across.
At the bottom of Sandy Hill turn left up Menear Road and then at the roundabout turn left onto Phyrnissick Road.
Proceed along and turn left into Landrew Road and following around where Number 48 will be found on the right. Entrance Hall - Upvc double glazed front door leads into entrance hall. Radiator.
In-built storage cupboard. Door into sitting room. Sitting Room - 4.12 x 3.34 (13'6" x 10'11") - Large double glazed window. Radiator.
Kitchen/Breakfast Room - 4.66 x 3.00 (15'3" x 9'10") - Range of wall and base units with work surfaces over. Stainless steel sink with splashback. Wall mounted central heating boiler.
Upvc double door to rear garden. Double glazed window with extractor vent. Bedroom One - 3.9 x 3.00 - approx (12'9" x 9'10" - approx) - Double glazed window to front elevation. Radiator.
In-built cupboard. Bedroom Two - 3.3 x 3.00 (10'9" x 9'10") - Double glazed window. Radiator.
Bathroom - 1.7 x 1.7 (5'6" x 5'6") - Three piece white bathroom suite comprising low level flush WC, hand wash basin and panel enclosed bath. Double glazed window with obscure glazing.
Outside - To the rear of the property is a reasonable size mostly level area of garden with fencing. There is also a useful garden shed.
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 - Annual Service charge of ?137.28, this is subject to annual review.
Please note as from April 2026 a homeownership management fee of ?66 per annum will apply to the property. Please ask for a copy of the Ocean Housing Preliminary Information sheet. Leasehold Property.
990 year lease new from date of completion. No allocated parking, parking available on the road. Gas Central Heating.
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.
Area
Agent & docs
FAQ
About 48, Landrew Road, St. Austell
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