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See how verdicts work5-bedroom house · TR9 6AS
Listing removedListed 138 daysAuction 23 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction - Lot 12 - Residential Property for Investment Bidding opens: 23/06/2026 12:00 Auction scheduled to end: 25/06/2026 14:24 online auction from 23rd - 25th June A substantial and highly individual five-bedroom residential property forming part of a Grade II listed mixed-use building in the centre of St Columb Major.
The property is arranged behind and above the ground-floor commercial units and provides spacious accommodation with five bedrooms, three bathrooms and a rear garden.
The property now requires modernisation and offers considerable scope for improvement, subject to any necessary consents.
Its unusual layout, size, garden and central location make it a rare opportunity in the local market.
The property will be sold with a new 999-year lease, to be granted on completion, at a ground rent of £1 per annum.
Viewing is strongly encouraged to appreciate the size, character and potential of the property.
Tenure: Advised Leasehold - to be verified by solicitor New 999 year lease to be granted on completion Ground Rent: £1 Tenancies: To be sold with vacant possession Annual Ground Rent £1.00
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 2, Broad Street, St. Columb
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