4-bedroom house · TR9 6RL
For saleReduced £25k (−10%) on 25 SepListed 99 days
Opportunity summary
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About
Development potential | vacant possession | Large investment unit on the main street of St Columb Major currently divided into a retail shop with storage, office space with storage and a 4 bedroom flat to the first and second floor.
Fair Street is the central Road running throughout the middle of the popular market town of St Columb Major.
Within just a 5 minutes drive of the A30, St Columb Major has a good range of day to day amenities which are within easy walking distance as well as a number of cafes, pubs, Primary School and Drs Surgery.
The town is very centrally located with Newquay, Truro, Bodmin and St Austell all within a 15 minute drive with the multiple popular beaches just 10 minutes down the road.
Ground Floor Shop The shop has been well traded throughout the ownership of the current owners occupying a good position with time restricted parking on the doorstep and 3 council car parks all within a couple of minutes walk.
The shop has a private front door with a large display window. The front is all open plan with a rear door to the storage area.
This leads to the rear garden and access to the ground floor WC which is shared with the neighbouring office.
Ground Floor Office To the side of the shop is a doorway which could be used solely for the office.
An internal corridor provides access to the front room which is the main office area with a further door providing access to the store room.
To the rear is the Ground Floor WC which is shared with the shop. First & Second Floor Flat Entering from the rear at the ground floor, a staircase provides access to the first floor.
To the rear is a generous WC with the gas combination boiler providing hot water and central heating throughout.
Further there is a large bathroom, lounge and separate kitchen with a large double and large single bedroom.
A stairwell then provides access to the second floor where there are a further 2 double bedrooms.
Services All Mains Council Tax/Business Rates First & Second Floor Flat - Band A The previous tenants of the ground floor premises qualified for 100% rate relief and currently has no rateable value.
Tenure Freehold Cepc Current Rate - 64
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.
Area
Agent & docs
FAQ
About 41, Fair Street, St. Columb
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