2-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented Section 106 affordable first-floor apartment offers a practical and well-proportioned layout, accessed via a ground-level entrance at the front of the property.
From here, a staircase leads to the first floor, where the accommodation opens into a generous open-plan kitchen, living and dining space.
This sociable area provides a comfortable central hub to the apartment, with plenty of room for both relaxing and dining, alongside a modern fitted kitchen with a range of wall and base units.
From the open-plan living area, a central hallway leads through to the remainder of the accommodation.
There are two bedrooms, providing flexibility for a couple, small family or those looking for a dedicated home office or guest room.
The principal bedroom is a particularly good size, and benefits from shower en-suite. The apartment also benefits from a modern bathroom, fitted with a bath and overhead shower.
The accommodation is complemented by neutral décor throughout, creating a light and straightforward space that is ready for a new owner to make their own.
Outside, the property enjoys a small, enclosed rear garden laid to artificial turf, providing an easy-to-maintain outdoor space for seating or entertaining.
A particularly useful feature is the private parking provision, with a parking bay allowing space for two cars.
Overall, the property offers well-balanced accommodation with generous open-plan living space, two bedrooms, parking and a private garden.
*Please contact agent for more information about section 106 properties and to see if you fit the criteria required to buy * Service Charge - Approx £200 per annum
Value & comps
No previous sales on record.
Returns
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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
About Gedon Way, Bodmin
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