2-bedroom flat · PL25 5HD
Listing removedListed 95 days · slow let
Opportunity summary
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About
Available now and unfurnished is this spacious two bedroom flat on the eleventh floor with fantastic views over St Austell.
Recently redecorated with a stylish refitted bathroom, the apartment enjoys lift access, electric heating throughout and kitchen with ample storage. Close to town centre and station.
Deposit replacement scheme available. Ideally situated on the edge of St Austell town centre, the property is within easy reach of a wide range of shops, restaurants, and local amenities.
St Austell's mainline railway station is approximately one mile away, providing direct services to London Paddington.
The town also offers a leisure centre and excellent transport links, while the Cathedral City of Truro can be reached in around 13 miles by road or rail.
A number of Cornwall's most popular attractions are nearby, including Charlestown Harbour, Mevagissey, The Lost Gardens of Heligan, and The Eden Project.
Accommodation Comprises A welcoming communal entrance with a security entry system leads to lifts serving every floor.
The first floor has a shared laundry facility and an external door out to a parking area. Taking the lift up to the eleventh floor brings you to a hallway serving six flats.
Inside, the reception hall has an intercom, a storage heater and a built-in storage cupboard. Doors lead off to the two bedrooms, the living space and the bathroom.
The lounge/diner enjoys the same elevated views over the town, viaduct and countryside, along with wood effect flooring, a storage heater and a door through to the kitchen/breakfast room.
A double glazed side window brings in plenty of light and there's ample storage with fitted cupboards and drawer units, plus a handy breakfast bar and a recess for an electric oven and fridge/freezer.
Both bedrooms are well-proportioned - one larger double and one smaller double - each with double glazed windows, wood effect flooring and electric heaters.
The bathroom has been modernised and refitted, featuring a contemporary panelled bath with an electric shower over, a wash hand basin and a WC, finished with modern tiling and fittings throughout.
Services We understand the property is Council Tax band 'A', with mains water, mains drainage and mains electric. Restrictions Best suited to someone working locally.
A strict no-smoking policy applies throughout the building and due to the head lease, pets cannot be considered. Applicants receiving housing benefits will need a working guarantor.
Agents Note There is no designated parking with this property, though we understand permits are available via Ocean Housing.
Directions Starting at the A390 roundabout with a petrol station, McDonalds and a Travelodge, head into town along South Street.
Take the first left into Moorland Road, at the end turn left passing the Co-Op supermarket and first right into Bridge Road. The development will be immediately noticeable on your right hand side.
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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
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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 66 Park House, Bridge Road, St. Austell
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