2-bedroom flat · PL25 3GQ
Listing removedListed 120 days · slow let
Opportunity summary
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About
PROPERTY DESCRIPTION This modern, converted two bedroom duplex apartment is part of this Grade 2 listed chapel and is located in the sought after area of Charlestown on the edge of St Austell and only minutes to the sea front.
The apartment is being let having had the same tenant in situ since its conversion back in 2022, but is in excellent condition.
The property is split over two floors with the first floor comprising of an open plan living room and kitchen with vaulted ceilings.
The kitchen has integrated oven, hob, fridge and freezer (the tenant will need to provide a washing machine). High spec bathroom with separate shower cubicle.
Double bedrooms to first floor with the second bedroom located on the top floor with its own ensuite. High quality finish. Long term let wanted. Video tour available.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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