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See how verdicts work2-bedroom flat · PL12 6XF
Sold STCReduced £7k (−4.8%) on 12 SepListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor maisonette would make an ideal first time buy with accommodation comprising of 12'2 lounge, 13'1 fitted kitchen, two bedrooms and a bathroom. Double glazing.
Gas central heating with a condensing boiler. Driveway. Communal rear garden and drying area. Views over the surrounding area. No Chain. Double glazed panelled door leading to ...
Entrance Hall Stairs rising to the first floor. Landing Access to loft space, two storage cupboards, radiator.
Lounge (3.7m x 3.35m (12' 2" x 11' 0")) Double glazed window to rear with views out over the surrounding area. Radiator. Kitchen (4m x 2.57m (13' 1" x 8' 5")) (plus additional door recess).
Range of wall and floor mounted storage units, roll top work surfaces, gas hob with stainless steel back plate and extractor fan, electric oven, one and a half bowl stainless steel sink and drainer unit, extractor fan, two double glazed windows to the front, gas central heating boiler (condensing) concealed within one of the kitchen units.
Bedroom One (3.23m x 3.23m (10' 7" x 10' 7")) (the second measurements are for the additional recess). Double glazed window to rear with views out over the surrounding area. Radiator, double wardrobe.
Bedroom Two (2.77m x 2.51m (9' 1" x 8' 3")) (plus additional door recess). Double glazed window to the front, radiator.
Bathroom Bath, wash hand basin, WC, tiled splashbacks, extractor fan, fluorescent striplight with shaver point, radiator, double glazed opaque window to the side.
Outside To the front there is a driveway. There is a pathway and steps to the side of the property leading down to a communal lawned garden with a drying area.
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 143, Grassmere Way, Saltash
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