3-bedroom semi-detached house · PL25 5TN
For saleReduced £19k (−9.5%) on 12 SepListed 57 days
Opportunity summary
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About
Smart Millerson Estate Agents are delighted to present to the market this conveniently positioned three-bedroom semi-detached home, offering a fantastic opportunity for both first-time buyers and investors alike.
Requiring modernisation throughout, the property provides an excellent blank canvas for the new owner to update, improve and personalise to their own taste, with plenty of scope to add value in the process.
For investors, the property represents an appealing addition to a rental portfolio, with an expected rental income of approximately £1,250 pcm, equating to an attractive rental yield of 7.5%.
Property Description Smart Millerson Estate Agents are delighted to present to the market this conveniently positioned three-bedroom semi-detached home, offering a fantastic opportunity for both first-time buyers and investors alike.
Requiring modernisation throughout, the property provides an excellent blank canvas for the new owner to update, improve and personalise to their own taste, with plenty of scope to add value in the process.
For investors, the property represents an appealing addition to a rental portfolio, with an expected rental income of approximately £1,250 pcm, equating to an attractive rental yield of 7.5%.
Upon entering the property, you are welcomed by a bright and airy entrance hallway, providing access to the principal rooms on the ground floor and creating a welcoming first impression.
The generous lounge offers a spacious reception area with plenty of room for comfortable seating and furniture, making it an ideal space for relaxing and entertaining.
From here, the accommodation continues into a separate dining room, providing a dedicated area for family meals and social occasions, while the adjoining kitchen offers the opportunity to be modernised and reconfigured to suit the requirements of the successful purchaser.
One of the real highlights of the ground floor is the spacious conservatory positioned to the rear of the property.
Offering an abundance of natural light and pleasant views across the garden, this versatile room could lend itself to a variety of uses, whether as an additional sitting room, dining area, home office or simply a space in which to enjoy the outlook and surrounding setting.
To the first floor are three well-proportioned bedrooms, offering comfortable accommodation for families, couples or those requiring additional space for guests or working from home.
The principal bedroom provides a generous sleeping space, while the remaining bedrooms offer flexibility depending on individual requirements. Completing the first floor is the family bathroom.
Outside, the property benefits from a hardstanding rear garden which provides a practical and relatively low-maintenance outdoor space.
The garden offers plenty of potential for the new owner to create an attractive area for seating, entertaining or simply enjoying the outdoors, subject to any necessary permissions.
A particularly appealing feature of the property's setting is the slow-moving stream which meanders past the property, creating a peaceful and tranquil backdrop and adding a sense of privacy and natural charm.
The property has an allocated parking space for one vehicle, there is also an abundance of on-street parking available close by.
The property is connected to mains water, electricity and drainage, and is situated within Council Tax Band B.
Location Watersedge Close is conveniently positioned within the popular town of St Austell, offering easy access to a wide range of local amenities including shops, supermarkets, schools, cafés and leisure facilities.
The property is also well placed for access to the surrounding Cornish countryside and coastline, with the picturesque harbour of Charlestown and a number of beautiful beaches within easy reach.
St Austell railway station provides regular services to destinations across Cornwall and beyond, while the nearby road network offers convenient access to the A30 and surrounding towns.
Entrance Hallway Lounge Skimmed ceiling. Double-glazed window to the front aspect. Under-stairs storage cupboard. Fireplace. Electric heater. Television point. Multiple plug sockets. Skirting boards.
Carpeted flooring. Dining Room Double-glazed window to the rear aspect. Electric heater. Multiple plug sockets. Skirting boards. Carpeted flooring. Kitchen Double-glazed window to the rear aspect.
A range of fitted wall and base storage cupboards and drawers. Splashback tiling. Integrated electric oven. Stainless steel sink with drainer. Multiple plug sockets. Skirting boards. Vinyl flooring.
Conservatory Multiple double-glazed windows. Ample plug sockets. Doors leading out onto the rear garden. First Floor Landing Access to a partially boarded loft space. Smoke alarm.
Built-in storage cupboard housing the hot water cylinder. Plug socket. Skirting boards. Carpeted flooring. Doors leading into: Bedroom One Double-glazed window to the front aspect. Electric heater.
Multiple plug sockets. Skirting boards. Carpeted flooring. Bedroom Two Double-glazed window to the rear aspect. Electric heater. Multiple plug sockets. Skirting boards. Carpeted flooring.
Bathroom Frosted double-glazed window to the rear aspect. Splashback tiling. Mains-fed shower over the bath. Wash basin. Heated towel rail. W.C. Skirting boards. Carpeted flooring.
Bedroom Three Double-glazed window to the front aspect. Electric heater. Multiple plug sockets. Skirting boards. Carpeted flooring.
Externally Garden Outside, the property benefits from a hardstanding rear garden which provides a practical and relatively low-maintenance outdoor space.
The garden offers plenty of potential for the new owner to create an attractive area for seating, entertaining or simply enjoying the outdoors, subject to any necessary permissions.
A particularly appealing feature of the property's setting is the slow-moving stream which meanders past the property, creating a peaceful and tranquil backdrop and adding a sense of privacy and natural charm.
Parking The property has an allocated parking space for one vehicle, there is also an abundance of on-street parking available close by.
Services The property is connected to mains water, electricity and drainage, and is situated within Council Tax Band B.
Material Information # Verified Material Information ## Costs and tenure Tenure: Freehold Council tax band: B EPC rating: Survey Instructed ## The building Semi-detached house, standard construction Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Heating: Room heaters only Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone good, Three good, EE good Parking: Allocated, On Street, and Off Street Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (CL74418): - The property must only be used as a single private home and cannot be used for any business or trade.
- You cannot park commercial vehicles on the property, except for small vans used for personal travel or vehicles making deliveries. - Dustbins must be kept in a tidy and secure way.
- The garage and parking spaces are only for parking private cars or motorbikes, or for storing household and garden items.
- The owner cannot claim a 'right to light', which is a legal right to prevent neighbours from building something that blocks your light, if it would stop the developer from building on nearby land.
- The owner must pay a fair share of the costs to maintain and repair any pipes or cables that are shared with neighbours. Non-coal mining area: Yes All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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About 19, Watersedge Close, St. Austell
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