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See how verdicts work2-bedroom house · PL31 1GA
Listing removedReduced £10k (−5.6%) on 20 JunListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom terraced grade II listed end of terraced property located in bodmin with A nearby allocated parking space.
22 Royffe Way was converted some years ago and retains many original features including high ceilings, sash windows and retains many of the historic elements and original features of the conversion.
The accommodation comprises entrance hall, master bedroom with en-suite, second bedroom, main bathroom and open plan kitchen / reception room.
There is an allocated parking space close to the property accessed via the side of the terrace.
The property commands far reaching views towards surrounding countryside from the front elevation with the photograph of the view being taken from the first floor.
The property is located in a managed residential development of mixed property types on the Eastern side of Bodmin located less than one mile from the town centre.
There is a management fee that is paid yearly and includes any repairs to external stone walls to include pointing.
Further inclusions within this fee includes external maintenance of window frames, the roof, building insurance, grass cutting and tidying of parking and communal areas. There is also CCTV.
Royffe Way is located within proximity to Victoria play park and college.
Bodmin has all the traditional elements of a market town, and caters well for daily needs, together with several supermarkets, an independent Cinema, leisure centre, several Junior schools, a Secondary/6th Form School and a College.
The town is well placed for transport links to the Cornwall Coast, with easy access to the A30. The Camel Trail provides a walking and cycling route through to Padstow.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 22, Royffe Way, Cornwall
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