2-bedroom flat · TR15 1JY
Listing removedListed 152 days · slow let
Opportunity summary
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About
Millerson are pleased to offer this two bedroom modern ground floor apartment situated within walking distance of the Town Centre.
The property comprises; entrance hallway to open plan lounge and kitchen area with oven and hob, bathroom with shower over bath and two double bedrooms.
Further benefits include gas central heating, double glazing and nearby public parking. The landlord is offering a long term let. The property is managed by Millerson estate agents. EPC D64.
Council Tax Band A A holding deposit of £196.00 will be required at the point of an accepted application (subject to satisfactory references).
Material Information Verified Material Information Monthly rent: £850 Council tax band: A Council tax annual charge: £1561.69 a year (£130.14 a month) Tenure: Freehold Property type: Flat Property construction: Standard form Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Central heating Heating features: Double glazing Broadband: Adsl copper wire Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: Off Street Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: Yes Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Energy Performance rating: D All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Kitchen/Lounge (4.010 x 3.829 (13'1" x 12'6")) Bedroom 1 (3.149 x 2.849 (10'3" x 9'4")) Bedroom 2 (3.226 x 3.034 (10'7" x 9'11"))
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
Agent & docs
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FAQ
About Flat 2, 19, Green Lane, Redruth
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