2-bedroom flat · TR26 2SY
For saleReduced £10k (−4.8%) on 28 SepListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £600 per year. Review period: 1. Offered to the market in excellent order throughout is this ground floor two bedroom apartment.
The accommodation comprises an entrance hall, open plan living/kitchen/dining room, two bedrooms and a family bathroom. Externally there is courtyard area and allocated parking.
We would highly recommend an early appointment to view.
Property additional info door to: entrance hall: open plan living / kitchen / dining room: 18' 7" x 14' 4" (5.66m x 4.37m) Range of base and wall mounted units, one and a half bowl stainless steel sink unit with mixer tap and drainer, built in dishwasher and fridge/freezer, plumbing for washing machine, electric oven and gas hob with extractor hood over, two radiators, small breakfast bar, double glazed bay window to the front with sea glimpses, porthole window.
Bedroom one: 11' 9" x 9' 5" (3.58m x 2.87m) Double glazed window to the rear, radiator. Bedroom two: 8' 10" x 8' 8" (2.69m x 2.64m) Double glazed window to the rear, radiator.
Bathroom: 6' 7" x 5' 11" (2.01m x 1.80m) Panelled bath with glazed screen and mains shower over, low level w.c., wash hand basin with storage under and mirror cupboard over, heated towel rail, extractor.
Outside: To the rear of the property there is a courtyard area patio laid to patio. Services: Mains water, gas, electricity and drainage. Lease: Remainder of 999 year lease setup January 1st 2005.
Service charge of £600 per annum. There is a stipulation within the lease stating the property cannot be used as a holiday let.
Agents note: The property is constructed of block under a slate tiled roof. We understand from that Ultrafast Full Fibre Broadband (FTTP) should be available to the property.
We checked the signal with EE which was good. Directional note: Via What3Words: ///tells.journals.opened Roof type: Slate tiles. Mobile signal/coverage: Good.
Construction materials used: Brick and block. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas).
Broadband internet type: FTTP (fibre to the premises). Parking Availability: Yes.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 2 Lomond Hall St. Ives Road, Carbis Bay, Carbis Bay St. Ives
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