1-bedroom flat · PL25 4BL
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom first floor apartment - 70% shared ownership Situated in a popular residential location in St Austell, this spacious and immaculately presented one bedroom first floor apartment offers an excellent opportunity for a first time buyer, a professional, or anyone looking for a low maintenance home in Cornwall.
The property has been modernised throughout, including a refitted kitchen and the boiler was replaced in 2025, so it’s ready to move straight into.
The building has also been recently redecorated, with the exterior and the internal communal areas freshly painted.
What we love Modernised throughout and immaculately presented Refitted kitchen and boiler replaced in 2025 Spacious double bedroom and modern bathroom Bright dual aspect living area Recently painted building, outside and in the communal areas Communal gardens for all residents to enjoy Within walking distance of the college, Tesco Express and St Austell railway station Property Summary The apartment has a bright and welcoming living area that is ideal for relaxing or entertaining.
The refitted kitchen offers ample storage and workspace. The double bedroom is well proportioned, and the bathroom is modern.
Being on the first floor gives a comfortable sense of privacy while keeping access easy. Residents also share well kept communal gardens.
The property is offered on a 70% shared ownership basis, which makes it an affordable route onto the property ladder.
You’ll have the option to buy further shares in the future, subject to the scheme terms.
Monthly costs (based on a 70% share) Rent: £91.31 Service charge: £174.16 Tenure: Leasehold, 99 year lease from 1 January 2008.
Location summary Rashleigh Grove is in a popular residential area of St Austell.
It’s within easy walking distance of the college, a Tesco store and St Austell railway station, which has mainline connections across Cornwall and beyond.
The town centre, with its shops, amenities and transport links, is close by.
The beautiful Cornish coastline is also within easy reach, so the location suits commuters, students and anyone who enjoys coastal living.
Book a viewing This is a fantastic opportunity to buy a spacious, modernised one bedroom apartment with an exceptionally low monthly rent on the unsold share. Early viewing is highly recommended.
Disclaimers Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we ask for your co-operation to ensure there is no delay in agreeing the sale.
These particulars do not constitute part or all of an offer or contract.
Measurements are supplied for guidance only and must not be relied upon as accurate; prospective buyers are advised to verify all measurements independently before committing to any expense.
Karen Trace has not tested any apparatus, equipment, fixtures, fittings or services, and it is in the buyer's interest to check the working condition of all appliances.
Karen Trace has not sought to verify the legal title of the property; buyers must obtain verification from their own solicitor. Some photographs may have been virtually staged for marketing purposes.
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 advisors 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.
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FAQ
About Rashleigh Grove, St. Austell
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