1-bedroom flat · TR15 2QL
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer this newly renovated one bedroom house forming part of this historic Grade II listed building.
The property has been lovingly restored, retaining an abundance of original features and some very clever space saving solutions which means it really is a very special property that must be seen to be appreciated.
Entering via it's own front door in to the hallway with original panelling, that is semi open plan to the kitchen.
The bespoke kitchen features granite worktops and upstands, integrated oven, hob and extractor, clever storage solutions and space for fridge/freezer.
From the hallway a door leads to the reception room with a wood burning stove and storage. From there you reach the bedroom which is a lovely size and has double aspect windows.
The shower room is ensuite to the bedroom, with large shower enclosure, basin and WC. Hidden away in a storage cupboard is the washing machine.
From the hallway there is a clever loft space which is fully boarded for storage.
Finally, up the bespoke staircase you reach the tower, with original ladder still on the wall, this area is a feature only. EPC - exempt. Affordability checks apply. Electric heating. Available now.
Council Tax Band A. Deposit £1005.00. Mains water, electricity and sewerage. Parking for one car at the rear. Single occupancy only, sorry , no pets.
OFCOM states: Mobile coverage: Vodafone - good outdoor, variable in home. Three and O2 - good outdoor. EE - variable outdoor. Broadband: up to 1800MBPS
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Falmouth Road, Redruth
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