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See how verdicts work2-bedroom flat · PL26 6AW
For saleReduced £15k (−6.5%) on 9 OctListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, 'Skimming Stone' is a beautifully presented two-bedroom ground floor apartment, ideally positioned within easy walking distance of the beach and the historic harbour of Charlestown.
Benefitting from level access, off-road parking immediately outside the entrance and rare freehold ownership with a 999-year lease, this superb home offers an exceptional opportunity for those seeking a permanent residence, holiday home or successful holiday letting investment.
The apartment enjoys a bright and spacious open plan living space, thoughtfully designed to create a sociable environment for everyday living and entertaining.
The contemporary kitchen is fully equipped with integrated appliances, including a fridge freezer, dishwasher and washer/dryer, while the generous dining and sitting areas are flooded with natural light from multiple windows.
Beautifully maintained throughout, the property is offered fully furnished, allowing a purchaser to move straight in or continue operating as a holiday let with ease.
There are two well-proportioned double bedrooms, both finished in neutral tones to create calm and inviting spaces.
The stylish family bathroom is fitted with a modern white suite incorporating a bath with shower over.
Further benefits include gas central heating which has recently been installed, double glazing and ample built-in storage, ensuring comfort and practicality all year round.
Outside, residents enjoy access to well-maintained communal gardens, allocated off-road parking directly beside the apartment and exclusive gated access to the nearby private beach.
Charlestown's picturesque harbour, restaurants, cafés and coastal walks are all within easy reach, while nearby bus links provide convenient access to Fowey, St Austell and the surrounding coastline.
Combining a sought-after coastal location with low-maintenance living, 'Skimming Stone' is a home that is equally suited to retirees, first-time buyers and those looking for a turnkey investment.
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
Agent & docs
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FAQ
About 12, Pagoda Drive, St. Austell
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