2 Bed Terraced House, Single Let, Bodmin, PL31 2QZ, £175,000

Tremayne House Park Drive, Bodmin, Cornwall, PL31 2QZ - 7 months ago

BTL

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£71.6K - £300K
Sold Prices/m²	£1.2K/m² - £3.3K/m²

Square Metres	~68.11 m²
Price/m²	£2.6K/m²
Value Estimate	£133,794£133,794

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£43,750£43,750
Stamp Duty & Legal Fees	£9,950£9,950
Total Cash In	£53,700£53,700

Cash Out
Rent Range	£595 - £925£595 - £925
Rent Estimate	£621
Running Costs/mo	£691£691
Cashflow/mo	£-70£-70
Cashflow/yr	£-841£-841
Gross Yield	4%4%

Local Sold Prices

34 sold prices from £71.6K to £300K, average is £157.8K. £1.2K/m² to £3.3K/m², average is £2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£182.5K	05/23	0.1 mi	11, St Marys Road, Bodmin, Cornwall PL31 1NF	-	-	2	Semi-Detached House
£180K	05/23	0.1 mi	5, St Marys Road, Bodmin, Cornwall PL31 1NF	£1,978	91	2	Terraced House
£175K	06/23	0.11 mi	15, Cherry Tree Close, Bodmin, Cornwall PL31 1QF	£3,302	53	2	Terraced House
£170K	11/22	0.14 mi	56, Midway Road, Bodmin, Cornwall PL31 2PU	-	-	2	Detached House
£100K	11/20	0.18 mi	76, Midway Road, Bodmin, Cornwall PL31 2PX	£1,754	57	2	Terraced House
£155K	01/21	0.19 mi	9, Town End, Bodmin, Cornwall PL31 1LJ	£2,460	63	2	Semi-Detached House
£180K	10/22	0.2 mi	32, Flamank Park, Bodmin, Cornwall PL31 1LX	£2,500	72	2	Terraced House
£190K	02/23	0.21 mi	8, Queens Crescent, Bodmin, Cornwall PL31 1QN	£2,714	70	2	Terraced House
£235K	05/21	0.23 mi	15, Westheath Avenue, Bodmin, Cornwall PL31 1QH	-	-	2	Detached House
£71.6K	10/20	0.23 mi	24, St Leonards, Bodmin, Cornwall PL31 1LA	£1,155	62	2	Terraced House
£130K	11/22	0.3 mi	64, Burden Close, Bodmin, Cornwall PL31 1NY	£1,738	75	2	Terraced House
£95K	12/20	0.36 mi	26, Higher Bore Street, Bodmin, Cornwall PL31 1JW	£1,610	59	2	Terraced House
£157.5K	07/23	0.36 mi	76, Higher Bore Street, Bodmin, Cornwall PL31 1JW	£1,944	81	2	Terraced House
£117K	10/22	0.36 mi	16, Higher Bore Street, Bodmin, Cornwall PL31 1JW	£2,398	49	2	Terraced House
£178K	08/23	0.37 mi	11, Torwood Close, Bodmin, Cornwall PL31 1ND	£2,781	64	2	Terraced House
£113K	12/20	0.4 mi	93, Hillside Park, Bodmin, Cornwall PL31 2NE	£1,361	83	2	Terraced House
£164K	03/21	0.4 mi	22, Elizabeth Close, Bodmin, Cornwall PL31 1HY	£2,025	81	2	Terraced House
£250K	01/21	0.42 mi	1, Browning Drive, Bodmin, Cornwall PL31 1PW	£3,165	79	2	Detached House
£165K	08/22	0.47 mi	47, Lower Bore Street, Bodmin, Cornwall PL31 2JU	£1,952	85	2	Semi-Detached House
£124K	12/20	0.48 mi	8, Agar Terrace, Bodmin, Cornwall PL31 2LZ	£1,532	81	2	Terraced House
£158K	10/21	0.51 mi	22, Finn V C Estate, Bodmin, Cornwall PL31 2LU	£2,164	73	2	Semi-Detached House
£155K	09/21	0.53 mi	5, Ranelagh Mews, Bodmin, Cornwall PL31 2QA	£2,541	61	2	Semi-Detached House
£142K	07/21	0.53 mi	1, Ranelagh Mews, Bodmin, Cornwall PL31 2QA	-	-	2	Terraced House
£112K	11/20	0.54 mi	4, Beacon Hill, Bodmin, Cornwall PL31 1JA	£1,723	65	2	Terraced House
£106K	11/20	0.6 mi	6, Brownlow Place, Bodmin, Cornwall PL31 2NP	£1,233	86	2	Terraced House
£170K	12/22	0.61 mi	8, Berrycoombe Road, Bodmin, Cornwall PL31 2NS	£1,977	86	2	Semi-Detached House
£157.5K	12/20	0.64 mi	32, Meadow Place, Bodmin, Cornwall PL31 1JD	£1,875	84	2	Terraced House
£120K	05/21	0.75 mi	35, Carpenter Court, Bodmin, Cornwall PL31 2ET	£1,517	79	2	Terraced House
£247.5K	01/21	0.76 mi	1, Bosvenna View, Bodmin, Cornwall PL31 1AU	£3,214	77	2	Detached House
£269.9K	05/21	0.78 mi	2, Lucas Close, Bodmin, Cornwall PL31 1BB	-	-	2	Detached House
£242.2K	11/20	0.78 mi	5, Lucas Close, Bodmin, Cornwall PL31 1BB	£3,187	76	2	Detached House
£125K	03/21	0.79 mi	27, Furze Hill, Bodmin, Cornwall PL31 2ES	£1,429	87	2	Terraced House
£300K	07/21	0.92 mi	Hillside, Castle Street, Bodmin, Cornwall PL31 2DX	£3,333	90	2	Detached House
£150K	07/23	0.96 mi	3, Castle Canyke Road, Bodmin, Cornwall PL31 1DU	£1,852	81	2	Detached House

Local Rents

10 rents from £595/mo to £925/mo, average is £763/mo.

Rent	Date	Distance	Address	Beds	Type
£595	06/24	0.2 mi	Town End, Bodmin, Cornwall, PL31	2	Flat
£695	06/24	0.2 mi	Flat 2 2 Beaconsfield Terrace, Bodmin	2	Flat
£800	01/25	0.22 mi	-	2	Terraced House
£900	01/25	0.23 mi	-	2	Terraced House
£895	03/25	0.24 mi	-	2	Terraced House
£925	03/25	0.24 mi	-	2	Terraced House
£695	12/24	0.48 mi	-	2	Flat
£725	10/24	0.48 mi	-	2	Flat
£725	11/24	0.48 mi	-	2	Flat
£850	06/24	0.5 mi	-	2	Terraced House

Local Area Statistics

Population in PL31	14,56814,568
Population in Bodmin	24,87724,877
Town centre distance	0.65 miles away0.65 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	3.61 miles away3.61 miles away

Rental growth (12m)	+2%+2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+33%+33%

Property History

Listed for £175,000

September 2, 2024

Description

Charming period property +
Kitchen +
Two double Bedrooms +
Family bathroom +
Living room and dining room +
Communal gardens +
Parking space +

The Property Shop are now in receipt of an offer for the sum of £170,000. Anyone wishing to place an offer on this property should contact The Property Shop, 46-48 Fore Street, Bodmin, PL31 2HL, before exchange of contracts. 29 Tremayne house offers a fantastic opportunity to purchase a spacious terraced house forming part of a converted Grade 2 listed building towards the western end of Bodmin which enjoys easy access to Bodmin town centre and all its amenities.

Agent Details

The Property Shop, Bodmin

01208 223223

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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