1-bedroom flat · PL11 2AG
For saleReduced £4k (−4.3%) on 17 JulListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale is this stunning maisonette which is currently being operated as a successful holiday let. Situated behind the ferry lanes it has gorgeous views over the Tamar to the docks beyond.
It has recently undergone a complete refurbishment and provides a modern micro living space comprising; entrance hall with large storage cupboards, a modern bathroom and stairs to the open plan living space providing a living room, kitchen and bedroom and a further storage cupboard.
Externally, there is private undercover parking. No onward chain. Council Tax Band A. EPC D Under Cover Parking Entrance Steps up to a grey composite door.
Entrance Hall UPVC opaque double glazed windows to the front, with stairs rising to the main accommodation, radiator, storage cupboards, coat hooks and door off to Bathroom (2.26m x 1.57m plus restricted height area (7'5 x 5) A new white bathroom suite which is offset by turquoise panelling and decorative wood effect flooring.
The suite comprises of a panelled bath with mains rainwater and hand held shower over, vanity sink with a hot and cold mixer tap over and a low level WC.
Wall mounted mirror, heated towel rail and radiator, extractor fan, inset spots.
Kitchen/Living/Bedroom (5.54m x 4.45m widest to 3.18m and 2.31m (18'2 x 14) The recent refurb has made the most of the space and provides a bright and airy modern open plan room.
Two uPVC double glazed windows to the front, taking in the views over the river Tamar.
The kitchen is well appointed to include an integrated oven with hob and extractor fan over, a round stainless steel sink and breakfast bar.
The living area has a radiator and the bedroom area has a fitted double bed and radiator. There is a wardrobe/storage cupboard.
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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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 Torpoint Pod, 38, Fore Street, Torpoint
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