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See how verdicts work2-bedroom flat · PL11 3JP
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor flat in the desirable seaside village of downderry. Sold chain free and benefitting from allocated parking space, decked balcony with village views and communal grounds.
Accommodation comprises; two bedrooms, bathroom, and an open plan living room/kitchen/diner.
The coastal village of Downderry lies in an Area of Great Landscape Value & enjoys a vast stretch of beach and sits on the South West Coastal Path.
The village has a primary school (rated "good" by Ofsted), beachside public house, restaurant, church, café, and doctors' surgery.
The neighbouring coastal village of Seaton enjoys a further beach, public house, sports bar, nature trail & play park.
The nearby village of St Germans, also has a main line railway station providing a useful commuter link to Plymouth (Plymouth to London Paddington).
Downderry was noted by the Sunday Times (during Summer 2018) in a list of the top "Best Places to Live by the sea".
Golf is available at Portwrinkle, or Looe Bindown & boating to can be enjoyed from the various local clubs & moorings (check on membership & criteria).
Magnificent country estates and houses are ready for your visit. With Antony House and Mount Edgcumbe surrounded by lovingly landscaped gardens.
The nearby picturesque coastal villages of Looe, Kingsand, Cawsand and Polperro will beckon you to walk their narrow streets and experience Cornish culture with an ice cream or pasty in hand.
Cornwall is an amazing county offering dozens of major tourist attractions, National Trust properties, golden sandy beaches & even the wilds of Bodmin Moor.
All of Cornwall, near and far, is ready to be explored.
Plymouth Britain’s Ocean City invites you to wander the historic streets of the Barbican, enjoy the best of live theatre at the Theatre Royal or be amazed by the National Marine Aquarium.
The City is just a short drive via the Torpoint Car ferry or a little further across the Tamar Bridge.
The journey by train is best from the main line St Germans Station which passes over the Royal Albert Bridge.
Living Room/Kitchen/Diner (3.68m x 3.05m) Double glazed patio and front door to balcony enjoying attractive views over the Village.
Benefitting from a range of base, wall and drawer units complemented by worktops. Sink and drainer with tiled splash backs. Electric oven and hob with hood over. Fridge/freezer and washer/dryer.
Radiator and laminate flooring. Bedroom One (3.35m x 2.51m) Double glazed window to the rear and radiator. Bedroom Two 2.4m max x 2.26m - Double glazed window to the rear.
Hot water tank cupboard and radiator. Bathroom Shower over the bath, basin and wc. Towel warmer and tiled splash backs.
Outside Communal grounds with visitor parking spaces and the owners allocated parking space. Steps up to properties entrance and a decked balcony enjoying impressive village views.
Agents Note The Vendor informs us that after replacing one bulb in bedroom two and two bulbs in the lounge area they still do not work.
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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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 18, Morweth Court, Downderry
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