2-bedroom flat · PL31 2EE
Listing removedListed 123 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom apartment in a quiet residential area. This large two bedroom apartment is located on a quiet development yet within easy reach of the town centre.
The property comprises of steps leading up to the front door which leads into a large entrance porch. Stairs lead up to the spacious open plan lounge/diner with laminate flooring.
The kitchen includes a built-in electric oven & hob plus an integrated fridge. There is a cupboard with a washing machine. There are two double bedrooms, both with built-in wardrobes.
The fully tiled bathroom has a shower over the bath. Electric night storage heating. One allocated parking space. Energy Rating E (47). Council Tax Band A. Holding Deposit £184. Total Deposit £923.
Affordability guide: Based on a monthly rent of £800, you will need a combined household gross income of £24,000 per annum (£2,000 per month) to pass our referencing checks.
If a guarantor is required, they will need a gross income of £28,800 per annum.
These figures are based on standard criteria set by our referencing provider and apply equally regardless of income source. Please contact us if you require any clarification.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3a, Berry Towers, Bodmin
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