2-bedroom flat · TR26 2PU
Listing removedListed 489 days
Opportunity summary
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About
This beautifully renovated property offers exceptional quality and style, just a few minutes from Carbis Bay train station and a short distance to the blue flag Carbis Bay beach and hotel, where residents can enjoy restaurants, a spa, fine dining, and other luxury facilities.
Upon entering, you’re greeted by a large entrance hallway featuring hardwood flooring throughout the property. The hallway includes a bespoke storage cupboard.
The front patio is bordered by attractive planting, to the rear, the landscaped garden features an array of exotic plants including banana trees, creating the perfect suntrap with composite decking.
The open-plan living area offers direct views of St. Ives from the lounge door, creating a seamless connection between indoors and out.
The kitchen is finished to an exceptional standard, with bespoke curved kitchen doors, granite worktops and integrated drainer, built-in fridge-freezer, washer-dryer and a choice of double ovens and an oven microwave.
The main bedroom with bespoke floor-to-ceiling panelling and sea views over St. Ives also has a high-end ensuite. The main bedroom with bespoke floor-to-ceiling panelling and sea views over St.
Ives also has a high-end ensuite. The guestroom overlooks the rear garden and includes half-height bespoke panelling.
The main bathroom is also finished to a luxurious standard, offering quality fittings and a refined design aesthetic.
Material Information: Directions: Whatthreewords:///tasks.requires.stags Tenure: Leasehold, 125 years from 25/12/2002 (in the process of being extended) Service charge £544.47 per quarter Services: Mains electric, gas, water & drainage Heating: Gas Council Tax: Band D with Cornwall Council Flood Risk: Very low from rivers, seas & surface water Parking: One allocated space Mining: Metalliferous Mining Search Required.
Notes/restrictions: Full internal renovation in 2021. Pets with permission. The Pagoda has been removed and is not included in the sale.
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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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 17, Compass Point, Carbis Bay
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