4-bedroom property · PL31 2JB
For saleListed 256 days
Opportunity summary
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About
Set in the heart of Bodmin town centre, 85 Fore Street is a substantial detached mixed-use property incorporating a prominent ground floor shop and offering flexible accommodation with significant potential for a wide range of multi-purpose uses.
Arranged over four floors and occupying a central position, the property benefits from a large front car park and a private rear garden, making it a rare and versatile opportunity within this central location.
The accommodation provides highly flexible internal space suitable for commercial, residential, live/work or investment use, subject to the necessary consents.
The layout includes a former ground floor retail unit, multiple reception, office and studio rooms, two kitchens, two bathrooms and several WC facilities, offering excellent scope for reconfiguration.
The lower ground floor comprises a cellar benefiting from natural light and direct access to the rear garden.
This level provides useful additional storage or flexible ancillary space, enhancing the overall functionality of the property.
On the ground floor level, the property includes the main retail unit with an inner hallway, from which staircases lead to both the first floor and the lower ground floor.
The retail accommodation benefits from additional shop and office space, workshops and a dressing room, offering flexibility for a variety of commercial uses.
This level also incorporates a kitchen, WC facilities and a utility room, providing practical and adaptable space.
The first floor is particularly spacious and can be accessed both internally and directly from street level. It includes a landing, multiple rooms, a kitchen, a bathroom and a separate shower room.
A sound-proofed studio room further enhances the property's versatility, making it ideal for creative or private workspace use.
The second floor features a converted attic room, suitable for use as an additional bedroom, office or studio. Externally, the large front car park is a valuable asset in a town centre setting.
To the rear, the property benefits from a private garden featuring a pond and offering ample space to be landscaped, providing the opportunity to create an attractive and functional outdoor area.
Bodmin offers a wide range of amenities including shops, restaurants and schools, with convenient access to the A30 and A38.
A planning application for conversion into nine flats (PA20/08180) has been submitted and is currently awaiting decision.
Offered freehold, the property represents a compelling opportunity with strong potential for multi-purpose use in a well-connected Cornish town.
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.
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FAQ
About 85, Fore Street, Bodmin
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