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See how verdicts work3-bedroom flat · PL22 0EF
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** investment opportunity - for sale as A tenanted property!
** A spacious three bedroom maisonette in the heart of the town with accommodation arranged over two upper floors and the added benefit of a private off-road parking space.
Accommodation Comprises:- Ground floor entrance hallway, first floor hallway, cloakroom, lounge, kitchen, bathroom, bedroom/reception room, second floor landing, two further bedrooms, gas fired central heating (Recently installed boiler), majority double glazing, outside store, shared rear courtyard and parking for one car.
Situation The property is conveniently situated in the town centre, just a short level walk from the River Fowey and a range of local amenities, including a variety of shops, cafes, restaurants, public houses, professional services, dentist and health centre.
There is also a main line train station running from Penzance to London and a purpose built community centre.
Lostwithiel lies just a few miles from the sandy beaches of the south coast and about a fifteen minute drive from the world renowned 'Eden Project'.
Accommodation (All Sizes Approximate):- Ground Floor Shared Entrance Hallway Part glazed front entrance door. Electricity meter and fuse board. Door to shared rear courtyard.
Private entrance door for the property on the right-hand side with stairs rising to:- First Floor Hallway Sash window to rear elevation. Telephone point. Radiator. Under stairs cupboard.
Doors leading to lounge, kitchen and bedroom one/reception room. Stairs rising to second floor. Part glazed door into:- Cloakroom Low level W.C and wash hand basin with tiled splashback.
Obscure uPVC double glazed window to side elevation. Main Eco Compact gas fired combination boiler (Installed in 2025).
Lounge (13' 4'' x 13' 3'' (4.06m x 4.04m)) UPVC double glazed sash window to front elevation. Radiator. Picture rail.
Attractive fireplace with fitted wood burning stove, marble surround and slate hearth. Built-in alcove cupboard. Telephone point.
Kitchen (9' 8'' x 8' 0'' (2.94m x 2.44m)) Matching range of wall, base, and drawer units with rolled edge worktops. Inset stainless steel sink and drainer with mixer tap. Part tiled walls.
Free-standing electric cooker. Fridge/freezer. Washing machine. Radiator. Window to rear elevation.
Bedroom One/Reception Room (13' 4'' x 11' 11'' (4.07m x 3.62m)) UPVC double glazed window to front elevation. Radiator. Feature cast iron fireplace.
Bathroom (8' 6'' x 7' 10'' (2.58m x 2.40m)) Suite comprising:- White panelled bath with Triton electric shower over and wash hand basin. Radiator. UPVC double glazed Velux roof window.
Built-in shelved cupboard. Shaver light and socket. Second Floor Landing Doors to two bedrooms. Access to eaves storage.
Bedroom Two (16' 10'' x 11' 10'' (5.12m x 3.61m) (Maximum)) UPVC double glazed sash window to front elevation. Double glazed window to rear elevation. Radiator. Eaves storage.
Bedroom Three (14' 6'' x 10' 4'' (4.43m x 3.16m)) UPVC double glazed window to front elevation. Double glazed roof window to rear elevation. Radiator. Feature cast iron fireplace. Built-in wardrobe.
Eaves storage. Outside The property offers a private parking space and a shared rear courtyard with an outside store.
Agent's Note The property will be sold with tenants in situ and is considered an ideal 'buy to let' investment opportunity, having been a successful rental property for the last 15 years.
Tenure Share of Freehold. Council Tax Cornwall Council. Tax Band 'A'. Directions Heading into Lostwithiel from the west on the A390, turn right at the traffic lights onto Fore Street.
Follow the road down to the bridge and turn left at the t-junction onto North Street. Continue almost to the end of North Street and 18b is located on the right-hand side.
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
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FAQ
About North Street, Lostwithiel
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