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See how verdicts work2-bedroom flat · TR13 9DU
Listing removedListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Flat Near Harbour, Porthleven Ideally located just moments from the picturesque harbour and sandy beach, this beautifully modernised two-bedroom ground floor flat offers contemporary coastal living at its finest, complete with the rare benefit of an allocated parking space.
Inside, the open plan lounge, kitchen, and dining area creates a bright, welcoming space that’s perfect for socialising or relaxing.
The kitchen is sleek and functional, while the modern finish throughout the flat makes for easy day to day living.
Both bedrooms are well-proportioned and thoughtfully presented, offering comfortable retreats at the end of the day.
The stylish shower room features a contemporary design with low maintenance finishes, adding to the overall sense of modern comfort.
Outside, a low maintenance gravelled area provides a perfect spot for outdoor seating, ideal for morning coffees or evening drinks.
Guide Price £250,000 - Location - Porthleven is a vibrant village offering an array of quality restaurants and cafes as well as day to day facilities to include a supermarket, primary school and doctors surgery.
With a gorgeous traditional working harbour and beach. If you're looking to go further afield, the city of Truro and the towns of Falmouth, Penzance and Hayle are all within a 20 to 30 minute drive.
Accommodation - Entrance Porch Open Plan Lounge/Dining Room/Kitchen Bedroom Two Bathroom Bedroom Two Outside - To the front of the property is one allocated parking space clearly identified by the number '5'.
To the side of the property is a wooden gate offering pedestrian access to the garden which is mainly laid to gravel for ease of maintenance and incorporates a useful drying area, covered storage area (presently used for bins and recycling) as well as a triangular bed stocked with established plants and flowers.
A pedestrian access path to the side of the garden leads to the rear where there is a further area of garden which our vendors have informed us is for the other flats in the block.
Agents Note - Prospective purchasers should be aware that the first floor flats enjoy a separate access via the rear of the property but we understand that flats 6,7 and 8 all have a right of way over the pedestrian access path via the side of the property between the flat and the garden area.
Agents Note Two - Please also be aware that we understand that the property enjoys the remainder of a 999 year lease which commenced in 1991.
Our vendors have informed us that the current ground rent is in the region of £150.00 per annum payable to Porthleven Harbour and Dock Company.
There are no monthly service/maintenance charges, should any works be required then these will be invoiced accordingly. Buildings insurance will be invoiced annually.
Services - Mains electricity, water and drainage.
Council Tax Band- B - What3words - ///benched.sprayer.grazes Anti Money Laundering Regulations – Purchasers - It is a legal requirement that we receive verified id from all buyers before a sale can be instructed.
We will inform you of the process once your offer has been accepted. Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase.
We will inform you of what we require prior to agreeing a sale.
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
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FAQ
About 5, Kestrel Close, Helston
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