3-bedroom terraced house · PL31 1JF
Listing removedListed 398 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHARED OWNERSHIP three bedroom house available to purchase from a 40% share from £220,000 with a minimum 5% mortgage deposit of £4,400. Call today to arrange your appointment to view.
This end terraced house has a allocated parking space. The property has an entrance hall with stairs leading to the first floor, w.c and door providing access to the kitchen.
The living space benefits from an open and airy space, double glazed side window and double doors providing access to the rear garden, which has a side gate, is laid to paved out, enclosed by fencing and has a shed provided.
The first floor landing leads to master bedrrom and bathroom.
The bathroom consists of a w.c, pedestal wash hand basin and fully tiled bath with shower screen, shower attachment and double glazed window.
On the second floor are two storage cupboards located on the landing and bedrooms two, three. Northey Road is located close to Bodmin Town Centre.
With a choice of Primary Schools nearby, Bodmin College is also a short distance away for Secondary Schools.
Other amenities in Bodmin include a range of Supermarkets, Leisure Centres and shops to meet your needs. The A30 is only a short drive which provides access to the surrounding areas.
For rail travel, Bodmin Parkway offers services to London Paddington, Penzance, Plymouth, Exeter St Davids and Truro.
Full Market Value: £220,000 40% Share Price: £88,000 Rent on un-owned share £332.40 PCM Estimated estate charge £41.37 PCM THERE IS A LOCAL AREA RESTRICTION AS TO WHO CAN BUY THIS PROPERTY, PLEASE CONTACT US TO DISCUSS.
You may purchase a higher share should you qualify to. *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.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
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.
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 Northey Road, Bodmin, Cornwall, PL31
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