3-bedroom house · TR5 0BD
Listing removedListed 87 days
Opportunity summary
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About
A brand new discounted sale affordable home subject to A section 106.
A brand new three-bedroom home offered for sale subject to a Section 106 affordable housing restriction, providing an excellent opportunity for eligible buyers to secure a modern, well-designed property in a popular village location.
The accommodation is thoughtfully arranged and comprises an entrance hallway, comfortable living room, and a kitchen/dining room designed for modern living.
A separate utility room and ground floor WC add to the practicality of the layout. To the first floor are three bedrooms and a family bathroom.
The property is finished to a modern standard throughout and benefits from a 10-year Build-Zone warranty, offering peace of mind for the incoming purchaser.
Any prospective purchaser would need to meet the following eligibility criteria: Area Local connection (one of the below must apply and be able to be evidenced) Current residency or permanent employment of 16+ hours per week for 3 + years within St Agnes parish Former residency of 5 + years within St Agnes parish Close family member (Mother/father/sister/brother/son/daughter) where that family member has lived in the parish for 5+ years and is in need of or can give support In addition to the above the applicant will also need to: - Be in Housing need (i.e.
Living with family or renting and otherwise be unable to afford a home on the open market - Have a maximum household income of £80,000 -Have a minimum 10% deposit (or 5% with relevant aip) -Have a recent aip from a s.106 lender (i.e.
Nationwide, Halifax, Santander, TSB) Location Goonbell is located within the sought-after coastal village of St Agnes, well known for its beautiful beaches, coastal walks and vibrant community.
The village itself offers a local shop and easy access to surrounding countryside, while St Agnes provides a wider range of amenities including independent shops, cafés, pubs and a primary school.
The cathedral city of Truro is also within easy reach, offering further shopping, leisure and transport links, including a mainline railway station.
Tenure: Freehold Council Tax Band: Tbc (Source: Cornwall Council Tax Band Checker) Construction Type: Construction not confirmed by a professional. Please refer to your surveyor’s comments.
Age of Construction: New build Heating: Air Source heating Water Supply: Mains Sewage: Private Electricity: Mains EPC: 86 Anti-Money Laundering Compliance – Purchasers In line with our regulatory obligations, we are required to obtain verified identification from all prospective purchasers prior to proceeding with a sale.
Full details regarding the identification process will be provided once an offer has been made.
Proof of Finance – Purchasers To comply with our regulations and ensure the integrity of the transaction, we must receive satisfactory proof of funds before a sale can be agreed.
This requirement also helps to facilitate a smooth and timely completion. Broadband: Superfast Mobile Signal: Indoor: Limited/Likely; Outdoor: Likely (Source: Ofcom – EE, Three, O2, Vodafone)
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
FAQ
About 1, Old Station Road, St Agnes
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