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See how verdicts work1-bedroom flat · PL25 5AJ
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare find, ground floor apartment complete with garden and parking.
This ground floor apartment is situated in a tucked away location within minutes walk of the town centre and has just been re-decorated by the existing owner.
The property has proven to be a good buy to let investment but would also be a great first time purchase, bolt hole or for anyone looking to downsize.
The accommodation comprises of an entrance porch, hallway, kitchen/breakfast room, lounge/dining room, bedroom and bathroom.
To the front of the property is a garden which is owned by the apartment with parking found to the side. To the rear of the property is a low maintenance area suitable for storing a push bike etc...
The property is supplied with mains water, drainage, gas and electric with uPVC double glazing throughout.
The apartment is being sold with a share of the freehold, the lease was originally granted for 999yrs on the 16th March 2010 with the service charge of £92pcm.
This ground floor apartment is located in a non-estate position on the North-Western outskirts of St Austell.
It's position, provides suitable access to St Austell town centre and well suited for commuting to Truro.
The nearby town centre offers a wide range of retail outlets and eateries, as well as benefitting from a direct rail link to London Paddington.
Nearby attractions include Charlestown, Mevagissey, The Lost Gardens of Heligan and The Eden Project.
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
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FAQ
About Ground Floor Flat, 10, Trenance Road, Cornwall
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