2-bedroom flat · PL25 5DH
Listing removedListed 130 days
Opportunity summary
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About
Miller Countrywide are pleased to market this well presented, recently redecorated, two double-bedroom, ground floor apartment situated towards the northwestern outskirts of St Austell, offering allocated parking, shared garden, available with no onward chain and distant views of the viaduct.
The internal accommodation comprises large entrance hallway with three separate built-in storage cupboards, living room, kitchen/diner with integrated fridge/freezer/over/hob and plumbing for a washing machine, two double bedrooms and family bathroom.
3 separate storage cupboards. Cupboard 1 is a large walk-in cupboard (2.3m x 0.9m) which could be used to store a bike or other larger items.
Cupboard 2 is shelved and also has a power supply and has been used to house a tumble dryer. Cupboard 3 is shelved and would be ideal for use as a linen cupboard.
Externally, the front provides allocated parking for one vehicle, with additional visitor parking to the side specifically for this block.
There is access to the rear via the right-hand side of the property. The rear offers a shared garden with the above flat owner which is laid to lawn.
The property is complimented with gas central heating with a new boiler installed in 2021, double glazing and on mains water, electricity and drainage. Council Tax Band - A. EPC - C.
Our vendor has advised us of the following information - Service charge is £90 a month, ground rent is incorporated within this fee. 999-year lease from 2006.
This property is located on the northwestern of St Austell heading out towards Trewoon, approximately 0.6 miles from the town centre.
It is well suited for access to several primary and secondary schools. You'll also find Tesco, Lidl, Aldi and Asda supermarkets nearby.
St Austell town centre offers a good choice of retail outlets, along with a leisure centre, multi-screen cinema and mainline railway station.
The property is also a short commute to two beautiful villages - Porthpean, with its lovely sandy cove and Charlestown, with its famous tall ships harbour and a great collection of pubs, restaurants and pop-up eateries.
Living Room (4.31m x 3.3m) Kitchen (3.56m x 3.3m) Bedroom 1 (4.29m x 3.32m) Bedroom 2 (4.29m x 3.32m) Family Bathroom (1.94m x 1.84m)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 29, Chy Pons, Cornwall
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