2-bedroom semi-detached house · PL25 3FL
Listing removedListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom Semi Detached Home with Distant Sea Views.
Offered at a fixed price under Section 106 terms, this well presented two bedroom semi detached home enjoys a tucked away position at the head of a peaceful cul de sac on the popular Carclaze estate.
A standout feature of this property is the stunning sea views across St Austell Bay, enjoyed from the kitchen, main bedroom and garden.
Inside, an entrance hall leads through to a comfortable lounge, flowing into the fitted kitchen complete with a range of base and wall units and and adjoining dining area.
A ground floor WC completes the practical layout. Upstairs, there are two well proportioned double bedrooms and a family bathroom.
Outside, the property benefits from two parking spaces to the front, along with the rear garden taking full advantage of the bay views from the raised terrace.
There is a side access from the front of the property to the rear An excellent opportunity to purchase 55.17% share in a fixed price home in a sought after location.
Please note this property is offered on a Section 106 basis, buyer eligibility criteria will apply - pleased see below for criteria.
What We Love Sea views across St Austell Bay, enjoyed from the kitchen, main bedroom and garden. Tucked away cul de sac position at the head of this popular Carclaze estate.
Two parking spaces to the front of the property. The practical layout, with a ground floor WC and fitted kitchen with dining area. Two double bedrooms, served by a family bathroom.
The fixed price entry point, a great affordable opportunity to get on the housing ladder in a sought after location.
Eligibility We would be looking to prioritise someone with an Area Local Connection to St Austell or Treverbyn.
Current residency/permanent employment of 16 + hours per week for 3 + years Or Former residency of 5 + years Or Close family member (Mother/Father/Sister/Brother/Son/Daughter) 10 years of the first 16 years of their lifes Or Born in the parish After 14 days of marketing we can consider those who have a local connection to the adjoining parishes of Roche, Luxulyan, St Blaise, Carlyon, St Austell Bay, Pentewan, St Mewan or St Stephen in Brannel After 28 days of marketing we can consider those with a Local Connection to Cornwall (i.e.
All other parishes/towns outside of the primary and secondary areas) – please ask us for details.
Please note that local connection exemptions apply to applicants who are subject to the Armed Forces Covenant, Care Leavers under the age of 25 and/or Victims of Domestic Abuse should the local connection cascade to Cornwall be triggered.
In addition the applicant will need to: Be in Housing Need – i.e.
Living with family/renting and otherwise unable to afford a home on the open market Have a maximum household income of £80,000 Have a minimum 10% deposit (or 5% with relevant aip) Have a recent Mortgage Agreement In Principle from a s.106 lender (Nationwide/Halifax/Leeds/Santander/TSB/Skipton being the main ones we are aware of) Have viewed and offered on the property 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.
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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 18, Hammer Drive, St. Austell
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