2-bedroom terraced house · PL10 1AA
Listing removedListed 302 days
Opportunity summary
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About
A first floor maisonette located in the popular village of Millbrook. Offering two double bedrooms and a spacious loft room.
No Onward Chain Millbrook is a village in south-east Cornwall, situated on the Rame Peninsula a few miles from the Mount Edgcumbe park.
Millbrook is at the head of a tidal creek which has been dammed since 1977 as a flood prevention measure. The resulting pool and wetlands are a birdwatching site.
There are plenty of amenities in the village such as two shops, pubs/restaurants and a primary school.
Two marinas, a successful football club and walks to the beaches of the famous Whitsand Bay Coastline.
Located in the heart of the village, this two double bedroom apartment has been let for a period of time.
Accommodation briefly comprising; access from a communal area up a dog leg staircase to the first floor.
A window to the front from the landing, a door off to the lounge, stairs that continue to the second floor and a door into the kitchen.
The kitchen/breakfast room has a window to the front and a space for seating. There is a door to the family bathroom.
From the second-floor landing, again there is a window to the front with doors giving access to each of the double bedrooms.
Stairs again ascend to a spacious loft room which has a window and spans the width of this vast property.
The tenants would like to leave and have been issued with their notice, but would be flexible in staying at the property over the short term.
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 West Street, Millbrook, Torpoint, Cornwall, PL10
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