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See how verdicts work2-bedroom flat · TR15 2FH
Listing removedListed 92 days
Opportunity summary
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About
Offered for sale with no onward chain, this modern second floor apartment is situated in a convenient location close to the town centre.
The property benefits from two bedrooms, a bathroom and a light and airy open plan lounge/diner/fitted kitchen with access to a balcony.
The property has an allocated parking space, double glazing and electric heating.
We are pleased to bring to market this good sized, purpose built, two bedroomed second floor apartment, set within the popular development of Whym Kibbal Court and close to Redruth town centre, the mainline railway station and local bus services.
Built in 2010, this apartment is ideal as a first property purchase or for investment purposes. Entry to the building is via a communal door, number 15 being on the second floor and is well signed.
Entry to the property is via a swing door into a shared lobby with the adjacent property. The front door opens into a c-shaped hallway with access to all living areas.
There is a good sized lounge/kitchen/diner with double glazed French doors that open out onto a balcony that overlooks the side aspect.
The kitchen area includes an integrated hob, oven and grill with an integrated extractor hood over. Returning to the hallway, access is gained to the two bedrooms.
Both bedrooms have tilt opening UPVC double glazed windows to the side aspect whilst the larger of the two has the added benefit of a built-in double wardrobe with sliding mirrored doors.
Both bedrooms are complemented by a bathroom with a p-shaped bath with mixer shower over, a built in WC and wash hand basin.
Externally, there are pleasant communal gardens and a large communal car park.
In terms of location, Redruth town centre, which offers both independent and chain stores, cafes, a cinema and public houses, can be accessed in just a few minutes, either on foot or via a short drive.
The main line railway station in the town can also be reached on foot within minutes where there are links to London and other destinations and here, you will find bus services to Truro, Falmouth and Helston.
There are also countryside walks in the area and it should be noted that Carn Marth, the second highest point in Cornwall, can be accessed on foot in less than forty minutes, offering far reaching views from coast to coast.
Further afield, Portreath Beach on the north coast is around a fifteen minute drive and there are many other local beaches and attractions that are equally accessible.
Fire door opens to: Shared Entrance Lobby Door to: Hallway Mains smoke alarm and a door opens to a full height storage cupboard housing a mains water pressure system with slatted shelving above.
Door opens to: Open Plan Lounge/Kitchen/Diner (3.53m x 5.81m (11'6" x 19'0")) Upvc double glazed French doors with full glazed panels opens out on to a balcony overlooking the side aspect.
Vectair electric fan. The kitchen area has a range of eye level storage cupboards and base level storage cupboards and drawers with roll edge worktops and matching upstands.
There is a single stainless steel sink and drainer, space and plumbing for a washing machine, a built-in Electrolux electric hob with a stainless steel splash and a built-in extractor hood over plus a built-in Electrolux oven and grill below.
Under counter fridge and an under counter freezer. Mains heat alarm and spot lighting rail.
Bedroom 1 (2.84m x 2.55m (9'3" x 8'4")) Tilt opening upvc double glazed window overlooking the side aspect with a Creda electric heater below.
Built-in double wardrobe with sliding mirrored doors, hanging space and shelved storage above.
Bedroom 2 (2.89m x 2.15m (9'5" x 7'0")) Tilt opening upvc double glazed window overlooking the side aspect. Wall mounted electric heater.
Bathroom (2.24m x 1.66m (7'4" x 5'5")) WC with a built-in cistern and a wash hand basin built into a vanity unit with a fixed mirror over and spot lighting.
Partial tiling and a P shaped bath with a mixer tap shower over and a tiled splash back. Ventaxia electric fan and a Dimplex wall mounted towel radiator. Outside There is an allocated parking space.
Agents Note Tenure; Leasehold - 125 years commenced on 1/1/2009. Service Charge (ask agent). Ground Rent £321.96 per annum. Council tax band: A.
Services Mains drainage, mains water, mains electricity and electric heating. Broadband highest available download speeds - Standard 7 Mpbs, Ultrafast 1000 Mpbs (sourced from Ofcom).
Mobile signal - EE - Good outdoor, Three - Good outdoor, O2 - Good outdoor & variable indoor, Vodafone - Good outdoor & variable indoor (sourced from Ofcom).
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.
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FAQ
About 15, Whym Kibbal Court, Redruth
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