1-bedroom flat · PL31 2WP
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Energy Efficient One Bedroom First Floor Flat With Garden & Parking Space This modern one bedroom flat is located at Park Lanneves, a Treveth Homes development situated on the outskirts of Bodmin.
The property is accessed through a shared entrance leading upstairs to the flat. The entrance leads into a spacious hallway, with a storage cupboard.
There is an open plan living room/kitchen with an electric oven and hob, with space for other appliances.
The bathroom has a mains-fed shower over the bath and the bedroom is a good size double bedroom with a cupboard storing the hot water cylinder.
The property also benefits from having a private garden to the side of the property and has one allocated parking space.
The property has electric air-source heating, solar panels and has been built to an excellent energy specification (A rating). Treveth Homes provide long-term homes for people with a local connection.
Eligibility for this property requires residents to live or work in Bodmin and the surrounding areas and therefore people who wish to view must meet a local criteria (contact us for full details).
Energy rating A (95). Council Tax Band A. Holding Deposit £173. Total Deposit £865.
Affordability guide: Based on a monthly rent of £750, you will need a combined household gross income of £22,500 per annum (£1,875 per month) to pass our referencing checks.
If a guarantor is required, they will need a gross income of £27,000 per annum.
These figures are based on standard criteria set by our referencing provider and apply equally regardless of income source. Please contact us if you require any clarification.
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 24, Lamorrick Drive, Bodmin
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