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See how verdicts work1-bedroom flat · TR15 2RZ
For saleListed 530 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for first time buyers or perhaps as an investment, this updated ground floor flat benefits from its own entrance and is situated in a convenient location close to the town centre.
The property benefits from one bedroom with an en-suite shower room and an open plan lounge/diner/fitted kitchen with appliances.
It has modern electric heaters and parking is available at a separate charge.
This ground floor flat is located in a Grade II Listed building and is close to the centre of Redruth town making it convenient for the railway station and bus station.
The property provides updated light and airy living accommodation with a lounge/diner/fitted kitchen with appliances and a bedroom single glazed patio doors and leading to an en-suite shower room.
The kitchen has a range of storage units with a built-in electric hob, oven and hood. The shower room has a shower cubicle with an electric shower over.
Externally to the rear of the property parking is available for permit holders.
Redruth town centre offers a range of shops, cafes and a cinema plus a railway station with links to London and bus services are also available.
Lounge/Kitchen/Diner (5.01m x 3.88m (16'5" x 12'8")) Half glass panelled wooden front door, single glazed, leading into living area and kitchen/diner. Two wall mounted Haverland electric heaters.
The kitchen area provides a range of storage units both at eye level and base level with ample work surfaces, a built-in electric hob and oven with cooker hood over.
Space and plumbing for a washing machine along with space for a fridge. Stainless steel sink and drainer. Tiled splash back.
Bedroom 1 (2.77m x 3.31m (9'1" x 10'10")) Bedroom with double wooden framed single glazed patio doors En-Suite Shower Room (1.55m x 2.67m (5'1" x 8'9")) Redring Pure electric shower with acrylic splash back, pedestal wash hand basin with acrylic splash back and a wall mounted pull switch light over.
Low level WC, wall mounted Heatstore electric heater and an extractor fan. Outside Parking is available to permit holders at £260 per annum.
Directions From our office proceed up West End and the property will be found a few yards up on the left hand side. Agents Note Tenure: Leasehold. 999 year lease commencing in 2023.
Ground Rent £50 per annum. Service Charge £1,284 per annum. Council tax band: A. Services Mains drainage, mains water, mains electricity and electric heating.
Broadband highest available download speeds - Standard 21 Mpbs, Ultrafast 1800 Mpbs (sourced from Ofcom).
Mobile signal Indoors - EE None, Three Limited, O2 Likely, Vodafone Limited (sourced from Ofcom).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Flat 9, 3, West End, Redruth
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