2-bedroom flat · PL25 5DH
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Miller Countrywide are pleased to market this immaculately presented, two double bedroom modern ground floor apartment situated within walking distance of the local town, transport links and offering allocated parking for one vehicle.
This wonderful apartment offers a well sized kitchen/dining room, living room, hallway with storage cupboards, two double bedrooms and bathroom.
The garden is to the rear, which is south facing, low maintenance, well-presented being laid to lawn.
The property is complimented with gas central heating, UPVC double glazing and on mains water, electricity and drainage. Council Tax Band - A. EPC - C.
The property is under a 999-year lease with 978 years remaining with the service charge for the property £50pm. There is also no ground rent to paid for the property.
The apartment is subject to a section 106 discount for local occupancy, the property is 100% ownership, not shared ownership. The marketing price represents 67% of the full market value.
This property is located on the eastern side 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.
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.
Area
Agent & docs
FAQ
About Chy Pons, St. Austell, Cornwall, PL25
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