2-bedroom flat · PL31 1AB
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tps is proud to present a two bedroom ground floor apartment in the town centre of Bodmin.
The property opens into the lounge area which then leads into the kitchen, Moving through to the two bedrooms and bathroom consisting of an electric shower.
This is a fantastic property in a prime location with easy access to local amenities and local family attractions. A viewing is highly recommended.
EPC rating: E Council Tax Band: A Tenant Fees (Compliant with Tenant Fees Act 2019): Rent As stated in the tenancy agreement.
Tenancy Deposit Capped at 5 weeks' rent (<£50k pa) or 6 weeks' rent (≥£50k pa). Protected in a Government-approved deposit scheme.
Holding Deposit Maximum 1 week's rent applied to first rent/deposit if tenancy proceeds. Can only be withheld in limited circumstances.
Utilities / Council Tax / TV Licence / Communication Services Where stated in the tenancy agreement, tenant is responsible for these costs.
We are a member of The Propertymark cmp Scheme We are a member of The Property Ombudsman Redress Scheme The_Property_Shop_Cornwall_Fees_2025 PDF Document · 4 mb
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.
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 Ground Floor Flat, 5 St Nicholas Street, Bodmin
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