3 Bed Terraced House, Single Let, Bodmin, PL31 1NY, £170,000

43 Burden Close, Bodmin, PL31 1NY - 5 months ago

BTL
ROI: 5%
~81 m²
+10 photos

ValuationUndervalued

Sold Prices£92.5K - £370K
Sold Prices/m²£1.2K/m² - £4.3K/m²

 

 

Square Metres

~80.89 m²
Price/m²£2.1K/m²

Value Estimate

£185,571
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£850 - £1,350

Rent Estimate

£950

Running Costs/mo

£741

Cashflow/mo

£209

Cashflow/yr

£2,505

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £92.5K to £370K, average is £191.3K. £1.2K/m² to £4.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£173K04/210.03 mi2, Burden Close, Bodmin, Cornwall PL31 1NY3
£137.5K11/200.09 mi136, Kinsman Estate, Bodmin, Cornwall PL31 1PN3
£165K11/220.1 mi117, Kinsman Estate, Bodmin, Cornwall PL31 1PH3
£235K06/230.1 mi20a, Trelawney Road, Bodmin, Cornwall PL31 1NT3
£155K04/230.1 mi141, Kinsman Estate, Bodmin, Cornwall PL31 1PH3
£270K02/210.13 mi30, Whitestone Crescent, Bodmin, Cornwall PL31 1PF3
£138.5K11/220.13 mi1, Treningle View, Bodmin, Cornwall PL31 1PB3
£157.5K12/200.13 mi63, Treningle View, Bodmin, Cornwall PL31 1PB3
£210K03/210.16 mi24, St Marys Road, Bodmin, Cornwall PL31 1NJ3
£197.5K11/220.18 mi15, Old Market Place, Bodmin, Cornwall PL31 1NA3
£164.9K06/210.18 mi1, Old Market Place, Bodmin, Cornwall PL31 1NA3
£210K12/220.18 mi34, Flamank Park, Bodmin, Cornwall PL31 1LX3
£155K11/200.18 mi9, Flamank Park, Bodmin, Cornwall PL31 1LX3
£115.5K10/200.18 mi98, Treningle View, Bodmin, Cornwall PL31 1PD3
£125K10/200.18 mi58, Treningle View, Bodmin, Cornwall PL31 1PD3
£129K04/210.18 mi30, Treningle View, Bodmin, Cornwall PL31 1PD3
£188K07/220.18 mi24, Treningle View, Bodmin, Cornwall PL31 1PD3
£320K07/210.19 mi7, Queens Crescent, Bodmin, Cornwall PL31 1QN3
£140K05/210.21 mi2, Vivian Road, Bodmin, Cornwall PL31 1QX3
£192.5K08/230.22 mi7, Whitestone Road, Bodmin, Cornwall PL31 1PE3
£175K12/200.23 mi17, Torwood Close, Bodmin, Cornwall PL31 1ND3
£267K12/220.24 mi129, St Marys Road, Bodmin, Cornwall PL31 1NH3
£252K02/210.24 mi101, St Marys Road, Bodmin, Cornwall PL31 1NH3
£370K08/210.24 mi20, Barn Lane, Bodmin, Cornwall PL31 1LW3
£260K10/200.26 mi36, St Marys Road, Bodmin, Cornwall PL31 1NL3
£360K03/230.26 mi12, Dawe Crescent, Bodmin, Cornwall PL31 1PY3
£233.6K11/220.27 mi11, Statham Road, Bodmin, Cornwall PL31 1JL3
£220K10/220.27 mi2, Broomfield Drive, Bodmin, Cornwall PL31 1QT3
£185K06/210.28 mi23, Margaret Crescent, Bodmin, Cornwall PL31 1JH3
£179.9K12/200.28 mi9, Margaret Crescent, Bodmin, Cornwall PL31 1JH3
£270K12/220.3 mi5, Pethybridge Drive, Bodmin, Cornwall PL31 1PX3
£230K02/230.3 mi9, Quarry Park Terrace, Bodmin, Cornwall PL31 2QD3
£165K04/210.3 mi42, Foster Drive, Bodmin, Cornwall PL31 1PS3
£200K07/210.32 mi8, Margaret Corner, Bodmin, Cornwall PL31 1HL3
£170K11/200.32 mi14, Chestnut Grove, Bodmin, Cornwall PL31 1QD3
£145K04/210.32 mi2, St Leonards Terrace, Bodmin, Cornwall PL31 1LH3
£248K08/210.33 mi2, Westheath Avenue, Bodmin, Cornwall PL31 1QH3
£215K05/230.33 mi19, Cherry Tree Close, Bodmin, Cornwall PL31 1QF3
£240K11/210.33 mi2, Foster Drive, Bodmin, Cornwall PL31 1PR3
£195K11/200.33 mi12, Midway Road, Bodmin, Cornwall PL31 2PT3
£92.5K06/210.35 mi11, Bawden Road, Bodmin, Cornwall PL31 1PT3
£190K02/210.35 mi27, Elizabeth Close, Bodmin, Cornwall PL31 1HY3
£225K12/220.35 mi84, St Marys Road, Bodmin, Cornwall PL31 1NN3
£164K10/200.35 mi88, St Marys Road, Bodmin, Cornwall PL31 1NN3
£160K05/210.35 mi60, Queens Crescent, Bodmin, Cornwall PL31 1QW3
£178K12/200.35 mi36, Queens Crescent, Bodmin, Cornwall PL31 1QW3
£157.5K01/210.35 mi28, Queens Crescent, Bodmin, Cornwall PL31 1QW3
£215K07/230.35 mi44, Queens Crescent, Bodmin, Cornwall PL31 1QW3
£240K02/230.35 mi28, Queens Crescent, Bodmin, Cornwall PL31 1QW3
£267K07/220.35 mi10, Rowan Close, Bodmin, Cornwall PL31 1QE3

Local Rents

12 rents from £850/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25006/240.27 mi8 Tremayne House Park Drive, Bodmin3
£95006/240.33 mi18 Foster Drive, Bodmin3
£95006/240.46 mi3 Bodiniel View, Bodmin, PL31 2PQ3
£99506/240.51 mi82 Fore Street, Bodmin, Cornwall, PL313
£95006/240.63 mi-3
£1,25009/240.67 mi-3
£1,15012/240.75 mi-3
£85012/240.88 miRoyffe Way, Bodmin, PL313
£1,19506/241.07 miHolmes Way, Bodmin, Cornwall, PL313
£1,19506/241.08 miGilbert Road, Bodmin, Cornwall, PL313
£1,25007/241.12 mi-3
£1,35007/241.15 mi-3

Local Area Statistics

Population in PL31

14,568

Population in Bodmin

24,877

Town centre distance

0.48 miles away

Nearest school

0.20 miles away

Nearest train station

3.35 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Price changed to £170,000

March 4, 2025

Price changed to £175,000

January 31, 2025

Listed for £190,000

November 6, 2024

Floor Plans

Description

  • Impressive Terraced Home +
  • Family Bathroom +
  • Private Rear Garden +
  • Spacious Kitchen/Dining Area +
  • Practical Storage Options +
  • Downstairs W/C +
  • Popular Town Location +
  • End of Chain! +
  • Local Amenities +
  • Council Banding - A +

Bond Oxborough Phillips is thrilled to present to the market 43 Burden Close, a charming 3-bedroom end of terraced home situated in the vibrant town of Bodmin. This property offers an excellent chance for first-time homebuyers and shrewd investors to acquire a desirable property.

Step inside to discover a welcoming hallway space, complete with a handy downstairs W/C for added convenience. Continuing through, you'll find the heart of the home: an open plan kitchen/dining area illuminated by dual aspect windows, creating a bright and inviting atmosphere. Adjacent to the kitchen/dining area is the cozy lounge, offering a peaceful retreat overlooking the rear garden – perfect for relaxing or entertaining friends and family.

Upstairs, three bedrooms await, with two boasting built-in storage solutions to help keep things organised. A family bathroom completes the upper floor, ensuring comfort for all residents.

Outside, the property boasts a charming private rear garden with a patio space, ideal for enjoying outdoor meals or simply soaking up the sunshine. Side access adds practicality, making it easy to maintain the garden.

In summary, 43 Burden Close presents an excellent opportunity for first-time buyers looking to step onto the property ladder or investors seeking a smart addition to their portfolio. With its modern living spaces, convenient amenities, and outdoor relaxation areas, this home offers both comfort and potential for growth. Don't miss out – schedule a viewing today!

Agent Details

Bond Oxborough Phillips, Wadebridge

01208 228714

Next Steps?

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