Millerson says ..
INVESTMENT BUYER LANDLORD OPPORTUNITY - 13% RENTAL YIELD. Two double bedroom apartment situated on the third floor with 125 year lease from 1986. Council Tax band A. Two internal lifts. Communal laundry room. No onward chain.
Property Oracle says ..
The property is a two-bedroom apartment in St Austell, Cornwall. The apartment is situated within easy walking distance of the town centre and its amenities. The nearby listings show a range of prices, from comparable apartments needing modernisation to more substantial detached houses. This suggests a varied market with properties catering to different needs and budgets. The presence of nearby schools, such as Pondhu Primary School and Poltair School, adds to the family-friendly aspect of the location. The proximity to St Austell railway station provides convenient access to public transportation.
The photos reveal that the apartment is in need of modernisation. The décor is dated, and some updates to the kitchen and bathroom would likely enhance its appeal. The lack of a garden is a notable feature.
Given the apartment’s condition, the lack of outdoor space, and its location within St Austell, the list price of £60,000 appears to be in line with the prices of comparable properties in the area that require modernisation. However, a detailed comparison with similar properties in terms of size and condition would be needed to confirm this. The absence of square footage data for nearby properties makes a precise price-per-square-foot comparison impossible.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 880.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 344,500.00 £Increased by 31.46 %
- Est sale value
- 289,520.00 £Increased by 23.22 %
- Average area rental value
- 932.00 £/moIncreased by 14.64 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.25 %Decreased by 12.63 %
- Crime Rate
- 32.00 %Unchanged by 0.00 %
Agent Activity
Millerson created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Pondhu Children'S Centre | Children's Centre Linked Site | 0.43 KM | |
| Pondhu Primary School | Academy Converter | 0.48 KM | |
| Poltair School | Academy Sponsor Led | 1.51 KM | |
| St Mewan Community Primary School | Academy Converter | Good | 1.78 KM |
| Cornwall College | Further Education | Requires improvement | 1.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grant's Walk | £ 89,950 | 0 | 0.00 KM |
| Westbourne Drive | £ 0 | 0 | 0.00 KM |
| Biddick's Court | £ 0 | 0 | 0.00 KM |
| A390 | £ 0 | 0 | 0.00 KM |
| Church Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| St Austell | 3534 | SAU | 1.09 KM |
| Bugle | 3502 | BGL | 7.02 KM |
| Luxulyan | 3518 | LUX | 8.16 KM |
| Roche | 3532 | ROC | 9.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bridge Road, St. Austell | £ 60,000 | BUY | 4 / 10 | 0.00 KM |
| Bridge Road, St. Austell | £ 60,000 | BUY | Unknown | 0.01 KM |
| Bridge Road, St. Austell | £ 60,000 | BUY | 4 / 10 | 0.01 KM |
| Bridge Road, St. Austell | £ 50,000 | BUY | 5 / 10 | 0.01 KM |
| Park House, Bridge Road, St. Austell, Cornwall, PL25 | £ 60,000 | BUY | 4 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Ledrah Gardens | £ 189,950 | 0.14 KM |
| 18 Gover Road | £ 129,950 | 0.16 KM |
| 3 Glenview | £ 179,000 | 0.16 KM |
| 9 Glenview | £ 180,000 | 0.16 KM |
| 15 Glenview | £ 190,000 | 0.16 KM |