3-bedroom flat · TR11 3BX
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This quality property is considered ideal as a home or an addition to an investors property portfolio and enjoys plenty of natural light and sunshine that streams in through the front windows.
Packed with features including gas fired central heating by radiators, UPVC double glazing throughout, high gloss white kitchen and built in appliances, LED down lighters, white panelled internal doors and all fitted floor covers included in the sale.
The accommodation includes a reception area, open plan living/kitchen/dining area, three double bedrooms and a luxury shower room/wc combined.
There is a paved courtyard at the rear of the building which is laid for ease of maintenance and catches the afternoon and evening sunshine.
The location plays a key part, with the apartment being within easy reach of a convenience store, chemist, Penmere train station and a bus stop close by which provides a regular service to the Falmouth University (Tremough Campus), Penryn and the cathedral city of Truro.
A short stroll will take you to Gyllyngvase Beach which is one of only eight Blue Flag beaches in Cornwall, beautiful Kimberley Park, the bustling town centre and waterside districts plus at the far end of town, The National Maritime Museum, Pendennis Castle and The Events Square which plays host to a number of festivals throughout the year.
An immediate viewing is highly recommended to secure this fine apartment. Why not call for a personal viewing today!
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
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FAQ
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