3-bedroom flat · PL31 1RH
Listing removedListed 395 days
Opportunity summary
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About
Stratton Creber Bodmin are delighted to bring to the market this extremely well-presented apartment, located in this magnificent, converted Abbey, constructed in 1907 and used by the Catholic Church.
The building is entered via a large timber door with entry system into the main central stairwell. On entering the property, you have a hallway and doors to all rooms.
There is a good-sized lounge with a double-glazed window to the front overlooking the parking area and with great views in the distance of the Cornish countryside.
There is a raised dining area with original sash window to the rear. The kitchen has a breakfast bar.
A range of wall and floor units, plumbing and space for washing machine, double oven with four ring induction hob and an integral fridge freezer.
There is a sink drainer with mixer tap and space for integrated dishwasher already with plumbing. A view from the kitchen overlooks a large communal garden.
There are three bedrooms with bedrooms one and two being double rooms and bedroom three currently used as a study/office but can be easily converted back to a single bedroom.
The bathroom has been renovated completely and holds a lovely modern feeling, there is also access to the gas boiler cupboard.
To the front of the property is a well-maintained grassed area with mature shrubs and trees, an allocated parking space and visitor spaces are also available.
There are further well-maintained communal gardens to the rear and to the side and also a bin storage area along with separate clothes drying facility.
Dining Room (4.4m x 2.77m) Living Room (4.42m x 5.4m) Kitchen Breakfast Room (3.1m x 3.3m) Master Bedroom (3.1m x 3.33m) Bedroom (2.13m x 3.15m) Bedroom (3.1m x 3.15m) Bathroom (2.64m x 2.41m)
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 8, St. Marys Gardens, Bodmin
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