1-bedroom flat · TR15 1DD
Listing removedReduced £10k (−10%) on 20 JunListed 174 days
Opportunity summary
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About
A well presented one bedrooom first floor apartment in A purpose built block, with parking in A convenient edge of town location!
Propery Description A very well maintained one bedroom first floor apartment enjoying a pleasant elevated rural outlook in a convenient location on the edge of the town of Redruth.
The accommodation briefly comprises of Generous open plan reception room providing plenty of space for living, dining and kitchen areas, along with a double bedroom, inner hall and shower room.
There's also the benefit of unallocated parking for one vehicle on site. Location Newton Court is set back from the road in a tucked away position on the outskirts of Redruth.
Redruth is a historic market town known for its rich mining heritage.
Located roughly halfway between Truro and Falmouth, the town sits near the coast and offers good access to the A30, mainline railway, schools for all ages and a wide range of retail and leisure facilities.
Accommodation In Detail All dimensions are approximate and measured by LiDAR) Entrance An external staircase leads up to the first floor with a covered walkway leading to a door opening into an internal shared hallway Internal Hallway Shared internal hallway giving access to front door into: Inner Hall Linoleum flooring.
Nigh Storage Heater. Doors opening into Bathroom, Bedroom and Main reception room. Storage cupboard housing hot water system and providing useful storage space.
Open Plan Living/Kitchen/Diner An excellent space, flooded with natural light thanks to UPVC double glazed French doors opening onto Juliet balcony. Oak effect laminate flooring.
This well proportioned room provides plenty of space, with a range of floor standing and wall mounted cupboard and drawer units with work surface over at the head of the room. Tiled splash back.
Integrated oven with hob and extractor fan over. Space for Fridge/Freezer. One bowl Stainless Steel Sink unit with mixer tap over. Space for washing machine.
There's plenty of space in the Kitchen area for dining table and chairs as well as for living space by the French doors. Night storage heaters. Very pleasant open countryside views in the distance.
Bedroom A well proportioned double bedroom with UPVC double glazed window. Night storage heater. Pleasant distant countryside views. Shower Room Enclosed shower cubicle with shower unit over.
Low level W.C. Pedestal wash hand basin. Integrated vanity mirror. Wall mounted heater. Extractor fan. Outside Communal grounds including one unallocated parking space.
Bin refuse area and clothes drying area. Agents Note The apartment benefits from a 999 year lease, with 976 years remaining. Ground rent is £161.56 per annum, and Service charge is £1080.00 per annum.
Directions Heading west on the A30, turn off at Avers Roundabout, and take the first exit onto Close Hill. Follow the road for approximately 400 yards, turning right into Treleigh Avenue.
Follow Treleigh Avenue for a few hundred yards, turning right into Newton Court and the property will be located in the main building on the first floor.
Material Information Verified Material Information Council Tax band: A Tenure: Leasehold Lease length: 976 years remaining (999 years from 2003) Ground rent: £161.56 pa Service charge: £1080 pa Lease restrictions: Use of property.
Alterations and Decoration. Parking.
Property type: Flat Property construction: Standard construction Energy Performance rating: C Number and types of room: 1 bedroom, 1 bathroom, 1 reception Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: None is installed.
Heating features: Double glazing and Night storage Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: Communal and Private Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: Lateral living Coal mining area: No Non-coal mining area: Yes All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
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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.
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About Newton Court, 17, Treleigh Avenue, Redruth
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