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See how verdicts work1-bedroom flat · TR19 6JX
For saleReduced £35k (−14.9%) on 1 OctListed 779 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1548.72 per year.
A nicely presented ground floor one bedroom apartment with private sun terrace and parking for two vehicles, situated in the coastal village of Porthcurno close to the sandy beaches and the Minack Theatre.
The accommodation comprises of one double bedroom, bathroom, open plan lounge/dining room and kitchen with fitted appliances.
French doors leading onto a private sun terrace for exclusive use of this property. Double glazed throughout.
The apartment is in a building which has been converted from the old Cable Wireless school rooms, and as well as the off street two parking spaces; there are landscaped communal gardens and a large terrace area with barbeque and drying facilities.
Any owner of the property has the use of the tennis courts close to the building. This property would make an ideal holiday or lock up and leave for those looking for a low-maintenance residence.
Due to the popularity and lack of availability of apartments such as this we recommend an early appointment to view.
Property additional info External door into: Communal hallway: With doors to front and rear of the building.
Door into: Apartment hallway: Night storage heater, inset spotlights, doors to: Lounge: 17' 1" x 12' 7" (5.21m x 3.84m) Two sash windows to front and one to side, two night storage heaters, TV and satellite point.
There are two openings into the: Kitchen: 14' 8" x 6' 1" (4.47m x 1.85m) Cupboard housing hot water tank and storage cupboard, base and wall units with wooden worksurface and tiling over, electric oven, hob, filter fan, microwave and fridge, space for washing machine, one and a half bowl stainless steel sink unit, french doors onto: Sun terrace 12' 7" x 10' 9" (3.84m x 3.28m) bedroom: 11' 1" x 9' 0" (3.38m x 2.74m) Sash window to front, electric panelled heater.
Bathroom: WC, wash hand basin, bath with mixer shower over, heated towel rail, mirror with light over, shaver point.
Outside: Leading from the kitchen, french patio doors go onto the sun terrace laid to paving slabs with raised shrub and plant beds.
To the rear of the property is gated access with large tarmacadam driveway, ideal for off loading.
Well kept communal gardens with flower borders, large terrace area with barbeque and drying facilities.
There are two parking spaces opposite in the building car park and the owners of the apartment have use of the tennis court to the front of Zodiac House.
Services: Mains water, electricity and drainage. Lease: Resetting 999 years on purchase. Charges: Ground rent: Peppercorn if demanded.
Service charge: £1,548.72 directions: Via "What Three Words" app: ///desiring.opts.rods agents note: We understand from Openreach website that Ultrafast Full Fibre Broadband (FTTP) is available to the property.
We tested the mobile phone signal for O2 which was poor. There is good Vodafone signal (covers voxi, Lebara, Asda, Tesco etc). The property is constructed of stone block under a tiled roof.
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 Flat 5, Zodiac House, Porthcurno, Penzance
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