3-bedroom flat · TR18 3LQ
Sold STCReduced £25k (−10%) on 10 AugListed 843 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1400 per year. Ground rent (For Leasehold tenure): £10 per year.
Lovely sea views across Mount's Bay to St Michael's Mount, Penzance town and beyond from this sought after three bedroom top floor apartment located on the outskirts of Penzance therefore being conveniently placed for most amenities.
The property has well proportioned living accommodation with sea views across Mounts Bay from many of the rooms with a fitted kitchen along with bathroom and separate w.c.
The property has UPVC double glazing, gas central heating and its own parking space to the rear.
There is a communal roof terrace which is accessed via staircase which again has spectacular views across Mounts Bay.
Due to the popularity of Royale Court, we would highly recommend an early appointment. Property additional info entrance foyer with lift to top floor entrance hall: Built in cloaks cupboard, radiator.
Lounge / dining room: 18' 10" x 13' 8" (5.74m x 4.17m) Lovely sea views over Mounts Bay to St Michaels Mount, Penzance town and beyond, UPVC double glazed windows, tv point, radiator.
Kitchen: 10' 0" x 8' 0" (3.05m x 2.44m) Stainless steel inset single drainer sink unit with cupboards below, a range of fitted wall and base units, work surfaces and power points, built in oven, four ring hob and extractor hood, integrated fridge and freezer, plumbing for washing machine, UPVC double glazed window with sea views across to Penzance town, cupboard housing combi gas central heating boiler.
Bedroom one: 10' 2" x 9' 7" (3.10m x 2.92m) UPVC double glazed window, radiator. Bedroom two: 10' 7" x 9' 6" (3.23m x 2.90m) Built in wardrobe, UPVC double glazed window, radiator.
Bedroom three: 9' 0" x 7' 6" (2.74m x 2.29m) UPVC double glazed window with sea views to Penzance town, radiator.
Wet room: Shower fittings, pedestal wash hand basin, UPVC double glazed window, heated towel rail. Separate W.C: Low level suite.
Outside: Access to communal roof terrace which has spectacular views across Mounts Bay and beyond. Storage cupboard in foyer. Parking space: To the rear of the property.
Charges: The management fee is approximately £1400.00 per annum which includes the maintenance and upkeep of the common areas, external maintenance and buildings insurance, £10 ground rent per annum.
Lease: Remainder of a 999 year lease created in 1980, with a share of the freehold. Services: Mains water, electricity, gas and drainage.
Agents note: We understand from Openreach website that Ultrafast Full Fibre Broadband is available to the property. We tested the mobile phone signal for O2 which was good.
The property is constructed of block under a concrete flat roof.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 12 Royale Court, Chyandour Cliff, Penzance
Explore nearby