2-bedroom flat · TR19 7EF
For saleListed 60 days
Opportunity summary
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About
This two bedroomed first floor flat is offered to the market chain free. Internally there is a spacious living room, kitchen, two bedrooms and a shower room.
There is a useful block built store to the rear and a private lawned garden to the side. Unrestricted street parking can be found nearby. We feel this makes a great first time buy. No chain sale!
Pendeen is near the coast and has a historic reputation for smuggling activities, it is also near the world famous Geevor tin mine.
The South West Coast path is less than a mile away in addition to a number of local footpaths for exploring the surrounding countryside and rugged coastline in this area of outstanding natural beauty.
St Just lies three miles away and has a wide range of retail outlets along with primary and secondary schooling, a doctor's surgery and Cape Cornwall Gold Club with its spectacular scenery and eighteen hole golf course.
Penzance, the largest town in West Cornwall lies approximately eight miles away, here you will find the mainline Railway and a wide range of retail outlets, along with a beautiful promenade which takes in the stunning sea views over Mount's Bay.
Accommodation Comprises Double glazed panel door to:- Entrance Porch Wall mounted consumer unit. Door to:- Entrance Hall Access hatch to loft. Night store heater.
Doors to:- Living Room (12' 4'' x 12' 1'' (3.76m x 3.68m)) Wood burner with tiled hearth and surround. Double glazed window to rear gaining open countryside views. Built in cupboard.
Night store heater. Kitchen (10' 4'' x 6' 10'' (3.15m x 2.08m) plus door recess) Fitted with a matching range of light wood effect wall and base cupboards with roll edge worksurfaces over.
Double glazed windows to rear and side. Stainless steel single drainer sink unit. Space for cooker. Space for automatic washing machine. Complementary wall tiling. Radiator.
Bedroom One (12' 5'' x 10' 5'' (3.78m x 3.17m)) Double glazed window to front. Night store heater. Bedroom Two (11' 6'' x 7' 3'' (3.50m x 2.21m)) Double glazed window to front. Night store heater.
Shower Room Fitted with a walk in shower enclosure housing electric shower unit, low level WC and wall mounted wash hand basin. Obscure double glazed window to side.
Services The property benefits from mains water, mains electric and mains drainage. Outside To the left hand side of the property there is a generous lawned garden with a selection of mature shrubs.
Behind the property there is a useful garden store. Leasehold Information The property is being sold with the benefit of a new 999 year lease.
The service charge is estimated to be £5.45 per annum and the buildings insurance £152.58 per annum. Agent's Notes The Council Tax band for the property is band 'A'.
Please note that the property cannot be used as a holiday let and a business cannot be run from the property.
Directions From the 'Spar' shop in Pendeen, proceed westerly on Boscaswell Road and then take the second turning on the left into Moorland Close. The property will then be seen on the left hand side.
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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
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FAQ
About 29a, Moorland Close, Penzance
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