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See how verdicts work1-bedroom flat · PL20 6BT
For saleListed 394 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION AND DESCRIPTION Situated adjacent open moorland and the location of the former RAF Harrowbeer, is this spacious one bedroom, ground floor apartment located within this attractive Victorian property.
The property is conveniently located a mile away from amenities and on the doorstep of open moorland. Residents have use of a communal car park.
As a potential first-time buyer property, rural bolt hole or investment to let, a splendid opportunity to acquire an apartment in this wonderful rural location.
The communal entrance features a grand entrance hall with ornate staircase ascending to the first floor which features a spectacular stained-glass window.
The accommodation comprises; open plan living/kitchen/dining room, bathroom and double bedroom. The property benefits from gas-fired central heating and is offered with No Onward Chain.
ACCOMMODATION Reference made to any fixture, fittings, appliances, or any of the building services does not imply that they are in working order or have been tested by us.
Purchasers should establish the suitability and working condition of these items and services themselves. The accommodation, together with approximate room sizes is shown on the floorplan.
SERVICES Mains water, drainage and electricity. TENURE Leasehold – remainder of 999 years. SERVICE CHARGE The total service charge for April 2024-March 2025 is £780.
This will be paid by the leaseholder in 12 instalments of £65 to be paid on the 1st of each month. OUTGOINGS We understand this property is in band A for Council Tax purposes.
DIRECTIONS What3words - jiggle.rely.skinning EPC Rating: E
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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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 Crapstone Road, Merrivale House Crapstone Road, PL20
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