2-bedroom flat · TR15 1AE
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This, two bedroom maisonette ground floor apartment is located with the converted former chapel set on the outskirts of Redruth town centre.
The location is walking distance to Redruth town, the railway station aswell as various local ameneties. Internally you access the apartment to the ground floor.
Comprising of a cloakroom, spacious lounge, kitchen, and double bedroom. To the first floor there is a large mezzanine area adaptable for many uses, bathroom and second double bedroom.
Warmed by gas central heating and fully double glazed. The property has the benifit of communal gardens and an allocated parking space. Council tax band A. Leasehold. Awaiting EPC.
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
FAQ
About 6 The Sanctuary,, Plain-an-Gwarry, Cornwall
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