2 Bed Flat, Single Let, Bodmin, PL31 2DE, £240,000

Mount Folly Square, Bodmin, Cornwall, PL31 2DE - 2 views - 6 months ago

BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£74.2K - £286K
Sold Prices/m²£1.2K/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£127,708

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£595 - £950

Rent Estimate

£631

Running Costs/mo

£896

Cashflow/mo

£-265

Cashflow/yr

£-3,182

Gross Yield

3%

Local Sold Prices

20 sold prices from £74.2K to £286K, average is £120K. £1.2K/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£90K03/210.07 mi17, The Piazza, Bodmin, Cornwall PL31 2DR2
£98.5K01/210.07 mi8, The Piazza, Bodmin, Cornwall PL31 2DR2
£107.5K06/220.08 mi9, The Piazza, Bodmin, Cornwall PL31 2DR2
£135K01/210.08 mi14a, Fore Street, Bodmin, Cornwall PL31 2HQ2
£74.2K02/210.13 miFirst Floor Flat, 2, Crinnicks Hill, Bodmin, Cornwall PL31 1AL2
£120K06/220.22 mi73a, Fore Street, Bodmin, Cornwall PL31 2JB2
£85K09/230.32 miFlat 4, Gregorys Court, Robartes Road, Bodmin, Cornwall PL31 1HW2
£207K03/220.35 mi2, Berry Towers, Bodmin, Cornwall PL31 2EE2
£130K07/230.54 mi2, Hillside Court, Bodmin, Cornwall PL31 2LF2
£96K05/210.54 mi6, Hillside Court, Bodmin, Cornwall PL31 2LF2
£105K06/210.54 mi4, Hillside Court, Bodmin, Cornwall PL31 2LF2
£130K04/220.55 mi41, Royffe Way, Bodmin, Cornwall PL31 1GA2
£197.5K04/220.57 mi18, Royffe Way, Bodmin, Cornwall PL31 1GA2
£112K04/230.57 mi44, Royffe Way, Bodmin, Cornwall PL31 1GA2
£97.5K08/220.57 mi40, Royffe Way, Bodmin, Cornwall PL31 1GA2
£230K02/210.64 mi32, Tanwood View, Bodmin, Cornwall PL31 2PN2
£137K11/210.74 miFlat 8, Convent Of Mercy, St Marys Road, Bodmin, Cornwall PL31 1RJ2
£170K04/220.74 miFlat 7, Convent Of Mercy, St Marys Road, Bodmin, Cornwall PL31 1RJ2
£120K08/230.76 mi11, Berrycoombe Vale, Bodmin, Cornwall PL31 2PH2
£286K06/211.05 mi2, Westheath Road, Bodmin, Cornwall PL31 1QQ2

Local Rents

17 rents from £595/mo to £950/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£59506/240.06 mi5a St Nicholas Street, Bodmin2
£70012/240.08 mi-2
£65006/240.08 miThe Piazza, Bodmin, Cornwall, PL312
£79504/250.09 mi-2
£67506/240.16 mi23 Castle Hill Court, Bodmin, PL31 2LE2
£82506/240.17 miBodmin2
£69512/240.35 mi-2
£72510/240.35 mi-2
£72511/240.35 mi-2
£62506/240.55 mi73 Royffe Way Bodmin, PL31 1GA2
£90001/250.57 mi-2
£89503/250.59 mi-2
£92503/250.59 mi-2
£95006/240.59 mi14 Halgavor Road, Bodmin2
£85006/240.6 mi-2
£80001/250.6 mi-2
£69506/240.62 miFlat 2 2 Beaconsfield Terrace, Bodmin2

Local Area Statistics

Population in PL31

14,568

Population in Bodmin

24,877

Town centre distance

0.20 miles away

Nearest school

0.30 miles away

Nearest train station

2.97 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £240,000

October 21, 2024

Floor Plans

Description

  • Exceptionally generous two bedroom apartment +
  • Superb conversion by respected local developer +
  • Retains historic features and soaring ceilings +
  • Modern open plan kitchen dining +
  • Living area with cosy reading nook window seat +
  • Balcony overlooking Mount Folly Square +
  • Allocated parking +
  • Share of freehold, full details TBC +
  • Ready for occupation complete with an Advantage 10 year build warranty +

Located in the heart of Bodmin, this newly converted first floor apartment is situated within a historic bank building, sympathetically combining the very best of modern living with historical characterful features.
It has top quality flooring and double glazed windows throughout, and a suite of integrated appliances in the contemporary kitchen; grand stairs sweep up from the entrance vestibule, leading past a spectacular stained glass window, to the private entrance door.
The welcoming hallway within, featuring immense high ceilings and convenient storage, leads firstly to a well-proportioned bedroom with built in wardrobe, sash window and feature original mouldings.
The capacious living area is carpeted, and offers a lovely reading nook window seat, with curved sash glazing. Access to the large balcony area overlooking Mount Folly Square - a unique feature in Bodmin - is through the arched window.
Adjoining the living area is the fully fitted kitchen diner, with integrated oven, hob, dishwasher, and fridge freezer all within attractive grey units.
Engineered oak flooring and two large sash windows add to the appealing ambience of this light filled room.
At the end of the hallway is a generous bedroom with feature historic fireplace and recessed sash window.
The apartment is completed by an attractive and airy bathroom, with contemporary fittings including a freestanding bath and ample separate shower enclosure.
This beautiful apartment has allocated parking adjacent to the building, and offers excellent access to the amenities of Bodmin town.
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Agent Details

Webbers Property Services, Bodmin

01208 223231

Next Steps?

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