3-bedroom flat · PL14 3TB
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Guide price £125,000 - £135,000 Boasting generously proportioned living accommodation throughout and retaining many characterful features, 2 Tremeddan Court is a fantastic first time buy or investment opportunity.
The property is offered to the market with the benefit of having no onward chain and off road parking. A viewing is highly recommended to fully appreciate the accommodation available.
Accommodation Entrance via a wooden door with single glazed panelling inset opening into: Hallway Doors off to all ground floor rooms, radiator, stairs rising to the first floor.
Kitchen/ Dining Room Dual aspect having wooden single glazed sash windows to the side and front elevation, a range of fitted wall and base units with roll top work surfaces over incorporating a stainless steel sink and drainer with mixer tap, built in oven and four ring electric hob with extractor fan over, space for freestanding fridge freezer, undercounter space and plumbing for washing machine, built in storage cupboard.
Living Room Dual aspect having wooden single glazed sash windows to the front and side elevations, radiator, television point, electric feature fireplace with wooden mantle and marble hearth.
First Floor Doors off to all first floor rooms, access to attic via loft hatch, built-in storage cupboard, coving to ceiling.
Bedroom Wooden single glazed sash window to the side elevation, built-in storage cupboard, coving to ceiling.
Bedroom Wooden single glazed sash window to the front elevation, coving to ceiling, radiator.
Bedroom Wooden single glazed sash window to the front elevation, radiator, coving to ceiling, built-in storage cupboard.
Bathroom Wooden single glazed sash window to the front elevation, bath with panelled surround and mixer tap with electric shower over and glazed shower screen, pedestal wash handbasin with mixer tap, low-level W.C, radiator, partially tiled, coving to ceiling.
Outside The property offers off-road parking for one vehicle and a detached garage with up and over door offering further off-road parking or the opportunity to be utilised for a variety of uses.
A low maintenance courtyard garden offers a wonderful space for enjoying outdoor dining and entertaining whilst relaxing in the peaceful surroundings with the property also having the additional benefit of access to the lawned communal gardens.
EE Rating D Council Tax Band B Services Mains water, gas, electricity and drainage.
Directions What3words: Works.fearfully.evidently Tenure Leasehold Viewings Viewings must be accompanied by a member of the Kivells Liskeard Office.
/ Agents Notes The property is Leasehold and currently has 959 years remaining of the 999 year lease which commenced in June 1985. The current service charge is £2,100.00 per annum payable to Belmont.
Verified Material Information Council tax band: B Tenure: Leasehold Lease length: 999 years remaining (959 years from 1985) Service charge: £2100 pa Property type: House Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Central heating Heating features: None Broadband: Adsl copper wire Mobile coverage: O2 - Great, Vodafone - Great, Three - Good, EE - Great Parking: Garage, Off Street, and Allocated Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: Yes: Footpath to the back garden runs through the front garden, front door footpath.
Long-term area flood risk: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: Ramped access Coal mining area: No Non-coal mining area: No Energy Performance rating: D 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.
EPC Rating: D Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, Tremeddan Court, Liskeard, PL14
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