2-bedroom flat · TR11 5SN
Listing removedListed 142 days
Opportunity summary
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About
A stylish and very well presented, two bedroom ground floor apartment positioned in the heart one of the more desirable village’s.
The property comprises of two bedrooms, living room, modern kitchen and bathroom and a private patio garden and parking with EV charging point. Leasehold with the remainder of a 999 year lease.
Council tax band - A. EPC - D.
Situation - Located on Passage Hill, Mylor Bridge and just moments from Mylor Harbour, this modern ground floor apartment is situated in the heart of the village with excellent amenities, including shops, cafés, pubs, healthcare services and schools.
The village also benefits from strong community facilities, regular links to Falmouth and Truro, and superb access to the sailing waters of Mylor Creek, the River Fal and Carrick Roads.
Description - This well presented, two bedroom ground floor apartment combines contemporary styling with a warm, inviting and cosy interior creating a comfortable home that is ready to move straight into.
Designed for sleek, easy low maintenance living, the property enjoys modern electric heating and is perfectly suited to first time buyers or retirees as a main home or could make for an excellent second property.
Set within one of the village’s most desirable locations, apartments combining this finish, quality and price range rarely come to market.
Viewing is highly recommended to fully appreciate the space, finish and lifestyle this superb home has to offer.
Outside - To the front of the property is an open courtyard space whilst to the rear, a small enclosed courtyard style garden, neatly finished with paviours and privately enclosed with walls and contemporary fencing to provide a useful and private outdoor seating space ideal for dining, entertaining or just relaxing.
There is also a dedicated bin and recycling storage space and water tap. Private parking is located to the immediate side of the property with an EV charging connection.
Services - Mains water, electricity and drainage are connected. Broadband: Basic, Superfast and Ultrafast are available (Ofcom). Mobile phone: 02, EE, Three and Vodaphone are likely (Ofcom).
Flood Risk - Very Low. Conservation Area - Yes (Mylor Bridge). Satellite and Fibre - Sky and BT are available (Ofcom).
Council Tax Band - A Viewings - Viewings are strictly by accompanied appointment via Stags Truro office. Tenure/ Notes - Leasehold term; 999 years from 1 November 1995. 50% share of the freehold.
Ground rent; £75 pa. We are advised that the property can not be used a holiday home, although letting is permitted. Directions - Proceed towards Falmouth on the A39 from Truro city.
Passing the Norway Inn on the right hand side, take the next turning on the left signposted Carclew and Mylor Harbour.
Proceed along this road which turns into Carclew Road where Passage Hill can be found on the right hand side, after taking this turning proceed down into the village until you reach the centre of the village, number 31 will be located on the left hand side identified by a Stags for sale sign.
Agents Note - In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property from an employee of Stags.
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.
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FAQ
About Passage Hill, Mylor Bridge, Falmouth
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