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See how verdicts work2-bedroom flat · PL26 6PL
For saleListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunkin Homes are delighted to be able to offer to the market, this spacious two bedroom apartment in the charming cove of Portmellon, just yards from the beautiful, sandy beach and local amenities.
Finished to exacting standards, this characterful property boasts a private deck area and parking for 3 cars.
Upon entering, you are greeted by a hallway with stairs leading to the first floor and a door leading through to the open plan living area.
The stunning living space offers a superbly finished modern kitchen with a spacious and characterful living area, featuring a wood burning stove and exposed Cornish stone wall.
The kitchen affords a breakfast bar, a range of fitted units and high quality built-in appliances throughout.
There are two windows to the front, both with charming window seats inset, which overlook the front deck. Upstairs are the property's bedrooms and the shower room.
Bedroom one is a spacious double bedroom with charming sections of exposed wood and Cornish stone. Bedroom two is currently arranged as a twin and offers a window to the front.
The shower room has been immaculately finished and offers a vanity unit with basin, WC and impressive walk-in shower with rainfall showerhead.
Outside, the property offers a deck area that enjoys the best of the afternoon and evening sun. The property also benefits from three parking spaces directly in front of the property.
All of this is just yards from the beach, pub and shack making it the ideal base.
Currently a successful holiday let, this property can be purchased as a going concern with future bookings already in place.
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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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 2 Portmellon Apartment, St. Austell
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