2-bedroom flat · PL31 2DS
Listing removedListed 120 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second Floor 2 Bedroom Apartment With Parking A two bedroom second floor apartment in a town centre courtyard, with gas central heating and one allocated parking space.
Located at Lys An Pons, on Crockwell Street in Bodmin town centre, the property is within walking distance of local shops, amenities and bus routes.
Bodmin provides a range of everyday facilities, with access to the A30 for travel further across Cornwall. The apartment is accessed via a communal entrance, with stairs leading to the second floor.
Inside, the entrance hall leads to an open plan lounge/kitchen/diner. The kitchen area includes an integrated oven and hob, along with a washer/dryer.
There is one double bedroom, one single bedroom, a shower room and a storage cupboard. The property has gas central heating throughout and benefits from one allocated parking space.
Energy Rating C (79). Council Tax Band A. Holding Deposit £190. Total Deposit £951.
Affordability guide: Based on a monthly rent of £825, you will need a combined household gross income of £24,750 per annum (£2,062.50 per month) to pass our referencing checks.
If a guarantor is required, they will need a gross income of £29,700 per annum.
These figures are based on standard criteria set by our referencing provider and apply equally regardless of income source. Please contact us if you require any clarification.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 4 Lys An Pons, Crockwell Street, Bodmin
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