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See how verdicts work1-bedroom flat · TR13 8AF
For saleReduced £5k (−5.3%) on 14 AugListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Helston, First Floor Flat Close To Town Centre Located within close proximity to the town centre, this first floor one bedroom flat presents an excellent opportunity for a buyer to modernise and personalise to their own taste, while benefiting from a new 999 year lease, making it an attractive option for those looking to get onto the property ladder.
The accommodation is well arranged and includes an open plan lounge and dining area, providing a flexible living space.
There is a spacious double bedroom, a bathroom, and a practical internal storage cupboard, offering everyday convenience.
Externally, the property benefits from a useful external storage cupboard, along with an enclosed area of garden, providing valuable outdoor space rarely found with a flat.
Guide Price- £100,000 Location- The property is situated on Trengrouse Way, just a short walk from the centre of Helston.
Helston is famed for its historic Flora Day celebrations on 8 May when the town is bedecked with greenery, bluebells and gorse and throughout the day dancers weave in and out of shops, houses and gardens following the Helston Town Band playing the famous Floral Dance and ushering in the Summer.
The modern town and the surrounding nearby areas now boast many Primary Schools with the nearest Secondary Schools being in Helston and Mullion.
Helston also enjoys a leisure centre with a swimming pool and large gym and many amenity areas including the Coronation Boating Lake and the beautiful National Trust Penrose Estate offering a host of woodland walks.
Helston is widely regarded as the gateway to the stunning Lizard Peninsula and is within a 10 minute drive of the thriving harbour and coastline at Porthleven offering an array of shops and good quality restaurants as well as world class surf.
The city of Truro and the towns of Falmouth, Penzance and Hayle are all within a 20 to 30 minute drive.
Accommodation- Entrance Hallway Storage cupboard Bathroom Bedroom Kitchen/Diner Outside- There is an enclosed area of lawn which provides a blank canvas. Services- Mains water, drainage, electricity.
Gas central heating. Rights of Way- Our client has informed us that number 10 has right of access over the pathway to and from their garden.
Lease Information- Our clients have advised that the property will be sold with a new 999 year lease. The current annual service charge for 2025/2026 is £1216.72.
The current annual cost for Buildings Insurance is £167.12.
Council Tax Band- A What3Words- ///dusted.banquets.speeding Anti Money Laundering Regulations – Purchasers- It is a legal requirement that we receive verified id from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof of Finances- Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale. Broadband & Mobile Phone Coverage- To check the broadband coverage for this property please visit .
To check mobile phone coverage please visit
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 10, Trengrouse Way, Helston
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