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See how verdicts work2-bedroom house · PL31 1JF
For saleListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership Two bedroom house available to purchase at a 40% share from £72,000 with a minimum 5% mortgage deposit of £3600. Local cornwall connection required.
Call today to arrange your appointment to view & discuss this individual home!
This mid terraced house is spacious and well presented throughout with an allocated parking space and an enclosed rear garden.
The accommodation comprises on the ground floor of entrance hall, WC, lounge and well-equipped kitchen. On the first floor there is a landing area, two good sized bedrooms and bathroom.
The property has an enclosed rear garden and an allocated parking space. This is a leasehold shared ownership property. The property is also available to be bought at the full share of £180,000.
Northey Road is a residential development of mixed property types and designs located less than half a mile from the towns centre.Bodmin has all the traditional elements of a market town, and caters well for daily needs, together with several supermarkets, an independent Cinema, leisure centre, several Junior schools, a Secondary/6th Form School and a College.
The town is well placed for transport links to the Cornwall Coast and with easy access to the A30.
Example: Full Market Value: £180,000 40% Share Price: £72,000 Rent on un-owned share £311.98 pcm Estimated estate charge £40.75 pcm The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Please also ensure that you have spoken to your mortgage lender to avoid any unnecessary costs
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 55, Northey Road, Cornwall
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