3 Bed Detached House, Single Let, Bodmin, PL31 2JB, £225,000

Fore Street, Bodmin, Cornwall, PL31 2JB - a year ago

Auction
BTL
ROI: 1%
~164 m²
+10 photos

ValuationUndervalued

Sold Prices£132K - £400K
Sold Prices/m²£1.3K/m² - £4.1K/m²

 

 

Square Metres

~164.20 m²
Price/m²£1.4K/m²

Value Estimate

£281,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£12,450

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£850 - £1,350

Rent Estimate

£950

Running Costs/mo

£913

Cashflow/mo

£37

Cashflow/yr

£443

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £132K to £400K, average is £212.5K. £1.3K/m² to £4.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£132K10/210.08 mi9, Market Street, Bodmin, Cornwall PL31 2JW3
£227.5K06/230.09 mi26, Beacon Hill, Bodmin, Cornwall PL31 1JA3
£160K07/210.1 mi6, Meadow Place, Bodmin, Cornwall PL31 1JB3
£208K11/210.12 mi27, Robartes Road, Bodmin, Cornwall PL31 1JG3
£179K10/210.14 mi25, Pool Street, Bodmin, Cornwall PL31 2HB3
£158K03/210.14 miTrematon, Berrycoombe Road, Bodmin, Cornwall PL31 2NS3
£184.5K05/210.15 mi1, Northey Road, Bodmin, Cornwall PL31 1JE3
£167K05/210.16 mi6, Robartes Road, Bodmin, Cornwall PL31 1JQ3
£135K06/210.17 mi16a, Crockwell Street, Bodmin, Cornwall PL31 2DS3
£260K09/220.17 mi33, Robartes Road, Bodmin, Cornwall PL31 1JQ3
£157K10/220.2 mi55, Wallace Road, Bodmin, Cornwall PL31 2EX3
£190K02/210.2 mi27, Elizabeth Close, Bodmin, Cornwall PL31 1HY3
£157K04/230.24 mi75, Furze Hill, Bodmin, Cornwall PL31 2ES3
£166K10/220.24 mi24, Furze Hill, Bodmin, Cornwall PL31 2ES3
£340K11/220.24 mi34a, Rhind Street, Bodmin, Cornwall PL31 2EL3
£146K09/230.25 mi25, Carpenter Court, Bodmin, Cornwall PL31 2ET3
£400K06/230.25 mi30, Berrycoombe Road, Bodmin, Cornwall PL31 2NR3
£233.6K11/220.27 mi11, Statham Road, Bodmin, Cornwall PL31 1JL3
£133K03/210.29 mi35, Hillside Park, Bodmin, Cornwall PL31 2NB3
£150K12/220.29 mi61, Hillside Park, Bodmin, Cornwall PL31 2NE3
£151K02/230.29 mi121, Hillside Park, Bodmin, Cornwall PL31 2NQ3
£175K12/200.3 mi17, Torwood Close, Bodmin, Cornwall PL31 1ND3
£200K07/210.31 mi8, Margaret Corner, Bodmin, Cornwall PL31 1HL3
£185K06/210.31 mi23, Margaret Crescent, Bodmin, Cornwall PL31 1JH3
£179.9K12/200.31 mi9, Margaret Crescent, Bodmin, Cornwall PL31 1JH3
£290K10/220.32 mi43, Castle Street, Bodmin, Cornwall PL31 2DX3
£345K07/230.32 mi1, St Petrocs Close, Bodmin, Cornwall PL31 1AJ3
£287K06/210.34 mi51b, St Nicholas Street, Bodmin, Cornwall PL31 1AF3
£255K09/220.35 mi46, Beacon Road, Bodmin, Cornwall PL31 1AP3
£250K06/210.37 mi33, Bosvenna View, Bodmin, Cornwall PL31 1AY3
£265K06/210.4 mi15, Bosvenna View, Bodmin, Cornwall PL31 1AX3
£215K05/210.41 mi3, Church Park, Bodmin, Cornwall PL31 2BU3
£145K04/210.41 mi2, St Leonards Terrace, Bodmin, Cornwall PL31 1LH3
£300K08/230.42 mi38, Bosvenna View, Bodmin, Cornwall PL31 1AZ3
£210K12/220.42 mi34, Flamank Park, Bodmin, Cornwall PL31 1LX3
£155K11/200.42 mi9, Flamank Park, Bodmin, Cornwall PL31 1LX3
£335K01/230.42 mi7, Bosvenna View, Bodmin, Cornwall PL31 1AU3
£245K02/210.42 mi36, Tanwood View, Bodmin, Cornwall PL31 2PN3
£325K10/200.44 mi1, Roseland Road, Bodmin, Cornwall PL31 2EQ3
£295K09/220.44 mi10, Roseland Road, Bodmin, Cornwall PL31 2EQ3
£370K08/210.44 mi20, Barn Lane, Bodmin, Cornwall PL31 1LW3
£250K06/210.49 mi66, Boxwell Park, Bodmin, Cornwall PL31 2BE3
£280K01/210.49 mi55, Boxwell Park, Bodmin, Cornwall PL31 2BE3
£205K03/210.49 mi31, Boxwell Park, Bodmin, Cornwall PL31 2BE3
£325K07/210.5 mi26, Marks Drive, Bodmin, Cornwall PL31 1BD3
£227K03/210.5 mi18, Marks Drive, Bodmin, Cornwall PL31 1BD3
£225K12/200.52 mi32, Love Lane, Bodmin, Cornwall PL31 2BL3
£195K11/200.52 mi12, Midway Road, Bodmin, Cornwall PL31 2PT3
£300K07/230.52 mi15, Boxwell Park, Bodmin, Cornwall PL31 2BD3
£325K02/210.52 mi50, Boxwell Park, Bodmin, Cornwall PL31 2BD3

Local Rents

13 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99506/240.02 mi82 Fore Street, Bodmin, Cornwall, PL313
£1,25009/240.17 mi-3
£95006/240.23 mi-3
£1,25007/240.6 mi-3
£1,25006/240.6 mi8 Tremayne House Park Drive, Bodmin3
£1,35007/240.63 mi-3
£95006/240.69 mi3 Bodiniel View, Bodmin, PL31 2PQ3
£85012/240.72 miRoyffe Way, Bodmin, PL313
£1,19506/240.83 miGilbert Road, Bodmin, Cornwall, PL313
£1,19506/240.85 miHolmes Way, Bodmin, Cornwall, PL313
£95006/240.85 mi18 Foster Drive, Bodmin3
£1,15012/241.07 mi-3
£99512/241.22 miGrass Valley Park, Bodmin, Cornwall, PL313

Local Area Statistics

Population in PL31

14,568

Population in Bodmin

24,877

Town centre distance

0.22 miles away

Nearest school

0.20 miles away

Nearest train station

3.18 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Price changed to £225,000

March 20, 2025

Listed for £300,000

December 1, 2023

Floor Plans

Description

TO BE SOLD BY PUBLIC AUCTION. THIS IS A VIRTUAL LIVESTREAM ONLINE AUCTION. DATE OF AUCTION THURSDAY 3RD APRIL 2025. FREEHOLD. GUIDE PRICE - £225,000 +

SITUATED IN THE HEART OF BODMIN IS THIS EXCITING OPPORTUNITY TO ACQUIRE THIS VERY UNIQUE AND DECEPTIVELY SPACIOUS DETACHED PROPERTY OFFERING AMAZING ACCOMODATION SET OVER FOUR FLOORS COMPRISING APPROX 660 SQM. A FORMER BRIDAL SHOP BENEFITTING FROM VERSATILE LIVING SPACE ABOVE AND LARGE BASEMENT BELOW, BOASTING A GARDEN AND AMPLE PARKING.

The accommodation comprises 12 Empty rooms (bedroom OR reception rooms ) over four levels.

PLUS
Two kitchens one in the ground floor and one on the first floor,
Two bathrooms with a toilet both on the first floor,
Single toilet on the ground floor,
Double shop room to the ground floor,
Cellar in the basement,
Large garden to the rear at basement level,
Large driveway.

The current vendor has submitted a Planning Application Ref PA20/08180 to convert the dwelling into 9 individual apartments, although the property offers further scope for both residential and/or commercial use.

The town of Bodmin caters well for day to day needs and has several supermarkets as well as primary schools, a secondary school and leisure centre. Bodmin is situated within proximity to the A30 dual carriageway and has a mainline train station.

Viewings - Strictly by prior appointment with Miller Countrywide Bodmin . General enquiries Countrywide Property Auctions .
GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE GUIDE PRICES & RESERVE PRICES.

Guide Price An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. Reserve Price The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Agent Details

Miller Countrywide, Bodmin

01208 223243

Next Steps?

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