1-bedroom flat · TR17 0EF
Listing removedListed 546 days
Opportunity summary
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About
Beady Pool enjoys a great sea ward location in the popular collection of apartments that is St Pirans Court.
The apartment was converted from an attractive Victorian villa to provide an open roomy self contained ground floor apartment with high ceilings and excellent sea views.
We love the outdoor sun terrace just perfect for sun bathing and enjoying the sea views.
Currently used as a successful holiday let, there is a chance that all furniture/equipment could be available by seperate negotiation.
Marazion town with shops, galleries, restaurants and public houses is within an easy level walk. The fabulous beach with rockpools, perfect sailing and windsurfing is literally just across the road.
Penzance railway station with excellent daily services to the UK network is just 3 miles distant. THE ACCOMMODATION.
(Dimensions are approximate) GROUND FLOOR COVERED SITTING AREA Door to LIVING ROOM - 5.1m x 4.5m. High ceilings. 3 panel heaters. Double doors onto patio. Great views. KITCHEN - 4.8m x 1.8m.
Well equipped with sink and adjoining work tops. Built in oven. Plumbing. Breakfast bar. BEDROOM - 3.8m x 3.1m. Large walk in wardrobe (3.4m x 0.8m) SHOWER ROOM - 2.5m x 1.5m. Walk in shower.
Wash basin. Low level wc. Towel rail. Window. OUTSIDE Large sun terrace with privacy wall and glass and chrome panels. Great views . SERVICES - All mains excluding gas. TENURE - Leasehold.
999 years (approx 975 remaining) OUTGOINGS Service charge (approximately £880 per annum) Ground rent £50 per annum. RESTRICTIONS. No pets allowed. EPC .F.
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
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FAQ
About 1 St Pirans Court - Marazion
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