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See how verdicts work1-bedroom house · PL14 6AS
For saleListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom first floor accommodation within Passmore Edwards Court, being sold with No onward chain.
Suitable for persons over 50, with relevant care and support needs to continue living independently. This is a shared ownership home with applicants owner 75% of the property.
Communal entrance, Hallways and Lift give access to the Apartments.
A main Entrance door gives access through to an internal Hallway, where there is an intercom entry system.There is a cupboard housing the boiler, Loft access and a further useful storage cupboard with access to the main accommodation.
The reception areas and kitchen are open plan. The Lounge/Dining area is light and airy and has ample room for both reception and dining furniture.
There are large full length windows giving a pleasant outlook across the garden and beyond.
The Kitchen is fitted with a modern range of wall and base units with roll top work surfaces, drawer space and space for a cooker with a glass finished canopy above incorporating the extractor.
Stainless steel sink unit with bowl and drainer and a space saving cabinet, plus part tiling to the walls.
The Double Bedroom is restful and spacious and has the advantage of overlooking the garden via the window.
The Wet room can be accessed via both the bedroom and the hallway, it has a low level WC, wash hand basin, a shower area with bar shower, floor drainage system and non slip flooring, part tiling to the walls, a shaver point and light.
Passmore Edwards Court is a complex of apartments which benefits from communal facilities including, launderette, residents lounge, cafe, computer room, tv room and hairdressers.
There are on site care staff and an alarm system in place making the complex and residents secure. A number of activities are also arranged if residents wish to make use of them and participate.
Outside: There is parking available for both residents and visitors and there are attractive gardens with seating areas.
The gardens are well stocked with flowers and shrubs and pathways which can all be enjoyed by the residents and their visitors.
Services: Mains Electric, Water and drainage Council Tax: According to Cornwall Council the Tax Band is A Service Charge:- £511.46 per month Note: Please note the property is being sold with a 75% ownership with the remainder 25% being owned by Aster Group.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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.
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