2-bedroom flat · TR14 7UN
For saleReduced £5k (−3.6%) on 20 JunListed 479 days
Opportunity summary
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About
This well presented ground floor flat offers well proportioned accommodation comprising spacious lounge/diner, remodelled kitchen, two double bedrooms, bathroom and separate WC.
To the front of the property there are parking bays for residents use. We feel the flat makes a fantastic first time buy. Viewing highly recommend.
The property is located within a virtually level walk of the Camborne town centre which is steeped in mining history and offers all the facilities you would expect for modern living together with a mix of national and local shopping outlets, banks and a Post Office.
The town benefits from a mainline Railway Station with direct links to London and the north of England and there is easy access onto the A30 trunk road.
Within a quarter of a mile there is the edge of town Tesco supermarket and Truro, the administrative and cultural heart of Cornwall, is within thirteen miles whilst the north coast at Portreath is within five miles.
Accommodation Comprises Entrance Hall Built-in cloaks cupboard. Doors to:- Lounge/Diner (21' 0'' x 9' 6'' (6.40m x 2.89m)) A lovely light and spacious room with two double glazed window to the front.
Television point. Telephone point. Laminate flooring. Kitchen (11' 8'' x 8' 9'' (3.55m x 2.66m)) Fitted with a matching range of white wall and base cupboards with roll edge worksurfaces over.
Integrated dishwasher. Integrated fridge/freezer. Buit in stainless steel double oven. Ceramic hob inset to worksurface with extractor over.
Space and plumbing for washing machine Double glazed window to rear. Laminate flooring. Bedroom One (13' 7'' x 10' 0'' (4.14m x 3.05m)) Double glazed window to front. Laminate flooring.
Bedroom Two (11' 1'' x 10' 6'' (3.38m x 3.20m)) Double glazed window to front. Laminate flooring.
Bathroom Fitted with a modern white suite comprising panelled bath with electric shower unit and screen over and wash hand basin inset to vanity unit with cupboard under.
Obscure double glazed window to rear. Heated towel rail. Outside To the front of the property there is a communal courtyard area. The property backs on to a communal green.
To the front of the property there are residents parking bays. Services Mains electricity, mains water and mains drainage. Agent's Notes The Council Tax band for the property is band 'A'.
The property is being sold with the remainder of a 125 year lease which commenced on 2nd October 1989.
The current monthly charge is £144.00 which includes ground rent, service charge and buildings insurance.
Directions From Tesco head out of town along Kerrier Way and take the turning on the right into Pengegon, after passing over the railway line turn immediately right into Pengegon Parc.
The property will be found on the left hand side. If using What3words brew.twigs.tummy
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
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FAQ
About 116, Pengegon Parc, Camborne
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