Modern Method of Auction
Auction date not yet published
2-bedroom flat · TR9 6QW
For saleReduced £10k (−8%) on 23 SepListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom flat offers an excellent opportunity for first-time buyers or buy-to-let investors, with well-proportioned accommodation arranged over multiple levels and the added benefit of attractive countryside views.
The property is accessed via a private entrance on the ground floor, with a hallway and stairs rising to the main accommodation.
On the first floor, there is a spacious living room providing a comfortable main reception area, along with a generous kitchen offering ample space for dining.
This level also enjoys pleasant outlooks across the surrounding countryside. Also on this floor is a family bathroom and a central landing.
The second floor comprises two bedrooms, including a particularly large principal bedroom, which benefits from elevated countryside views, alongside a further well-sized second bedroom.
Externally, the property benefits from allocated parking, adding convenience for everyday living.
Offering a practical layout, appealing outlooks and strong rental potential, this property is ideal for those looking to step onto the property ladder or expand an investment portfolio.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Set within the welcoming village of Indian Queens, Jasmine Mews enjoys a convenient and well connected position in Mid-Cornwall.
The area offers a friendly community atmosphere with everyday essentials close at hand, including a village shop, post office, cafés and takeaways, with larger supermarkets available in nearby St Columb Road and Newquay.
Families are well served by Indian Queens Primary School, a popular and well regarded choice within easy reach, while secondary schooling is accessible in Newquay, St Austell and Wadebridge.
The location is ideal for commuters and those who enjoy exploring Cornwall, with excellent access to the A30 just moments away, providing quick routes to Truro, Bodmin, Newquay and beyond.
Regular bus services link the village to surrounding towns, and Newquay Airport is only a short drive away for wider travel.
Beautiful beaches, countryside walks and attractions such as Newquay’s coastline, Watergate Bay and Goss Moor Nature Reserve are all within easy reach, making Halloon Avenue a superb base for both everyday living and leisure.
Value & comps
No previous sales on record.
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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 starting price
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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 advisors 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
FAQ
About Flat 4 Jasmine Mews,, St. Francis Road, Cornwall
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