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See how verdicts work2-bedroom flat · PL26 6TQ
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHARE OF FREEHOLD GROUND RENT & SERVICE CHARGE £100 per annum PRIVATE PARKING SPACE Hunkin Home is pleased to market this well presented, recently redecorated and refurbished two-bedroom ground floor flat, which comes with an allocated parking space.
The property enjoys a very private, elevated location close to the village, harbour and coast. Ideal for first time buyers, investors or as a holiday home.
The property benefits from a southerly aspect with light, airy and warm internal rooms. The kitchen leads into a spacious lounge-dining room, hallway, bathroom and separate wc.
The lounge has a wall mounted flame heater, television, wiring for Sky, Wifi and integrated electrical smoke alarm. The kitchen offers a range of fitted units and has a heat detector.
There are two bedrooms, one of which is south facing with some valley views. Bedroom one is a spacious double bedroom with space for built in storage.
The second bedroom has built in storage, which includes a wardrobe as well as large sliding door cupboards with built in shelves. The second bedroom could also accommodate a home office.
Externally, the property benefits from partial uPVC double glazing, mains water, electricity and drainage. Council Tax Band is A. EPC is E.
The apartment benefits from a very low annual service charge of £100 pa and comes with a share of the freehold. This is a low maintenance property which is very economical to run.
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
Agent & docs
FAQ
About Flat 1, The Old Manse, School Hill, St. Austell, Cornwall
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