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See how verdicts work2-bedroom flat · TR11 5SN
Listing removedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned 2 bedroom first floor apartment, situated within the highly sought-after village of Mylor Bridge.
This apartment occupies a central village location, with the accommodation comprising: Fitted kitchen, open-plan living/dining room, 2 double bedrooms and a modern shower room.
The village of Mylor is incredibly well served with many amenities, including a post office/village store, public house, doctors, dentist, butchers, fishmonger and hairdresser.
The harbour town of Falmouth is less than 5 miles away, with the city of Truro approximately 8 miles distant. Ideal first time buy or investment purchase. No onward chain.
The Accommodation Comprises Steps from the rear elevation lead up to a paved terrace.
Part glazed door into the:- Kitchen Range of high-gloss eye and base level units, worksurface with inset one and a half bowl sink/drainer.
Integrated washer/dryer, integrated fridge, built-in oven and hob with extractor over. Part tiled walls, double glazed window. Cupboard housing immersion heater.
Ceiling spotlights, glazed door into the:- Lounge/Dining Room Double glazed window, electric wall mounted Rointe electric heater. TV aerial socket, door to bedroom one .
Opening into the:- Inner Hall Wall mounted heated towel rail. Doors to bedroom two and wet room Bedroom One Double glazed window with fitted blind. Wall mounted Rointe electric heater.
Bedroom Two Double glazed window, wall mounted Rointe electric heater. Wet Room Obscure double glazed window.
Low level WC with concealed cistern, 'floating' wash hand basin with mirror over, wall mounted shower with rainfall shower head. Extractor fan, tiled walls and flooring.
General Information Services Mains electricity, water and drainage are connected to the property. Council Tax Band A - Cornwall Council. Tenure Remainder of a 999 year lease commencing 1 January 2007.
Annual service/maintenance charge of £200 per annum to include a peppercorn ground rent. Buildings insurance £100 per annum.
Viewing By telephone appointment with the vendor's Sole Agent - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone:
Value & comps
No previous sales on record.
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 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
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FAQ
About The Mainstay, 33a, Passage Hill, Falmouth
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