3-bedroom terraced house · PL31 2NW
Sold STCReduced £15.1k (−8.1%) on 20 JunListed 313 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Bodmin, 2 Railway Terrace is a charming mid-terraced three-bedroom home offering modern comforts, practical living spaces, and excellent access to the town’s amenities.
Upon entering the property, you are welcomed into a light and open-plan kitchen and living area.
The recently modernised kitchen features a four-point gas hob, integral oven, and generous worktop and cupboard space, making it both stylish and functional.
Moving through to the living area, an equally sized room provides the perfect setting to relax and unwind in the evenings.
Adjacent to this space sits a smaller room, ideal for use as a storage area, hobby room, or a garden room with further potential.
The first floor hosts two well-proportioned bedrooms along with a contemporary family bathroom, complete with WC, basin, bath with overhead shower, and an LED light-up mirror.
Modern touches continue throughout this level and the top floor, with LED downlighters and oak-style internal doors adding a sleek finish.
The top floor reveals a loft-converted bedroom filled with natural light courtesy of velux windows, creating an inviting and versatile additional living space.
Externally, the property benefits from a raised decking area, A small front patio sits before the main entrance, with a pathway leading to the front door.
Neighbouring properties retain a right of access over this path. While the property does not include allocated parking, various parking options can be found close by.
Offered to the market with no onward chain, this home is ready for its new owner. Early viewing is highly recommended.
Directions From our Wadebridge Office, head across the Old Bridge and turn right onto Egloshayle Road. At the end of the road, turn right onto the A389 and proceed for approximately 7 miles to Bodmin.
At the clocktower roundabout, turn left and proceed for approximately half a mile. Turn left onto Berrycombe Road and continue past the Fire Station.
Upon reaching the Royal Mail Centre, head down the small lane immediately before this centre and Railway Terrace will be found within a short distance.
Value & comps
No previous sales on record.
Returns
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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 2, Railway Terrace, Cornwall
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