2 Bed Flat, Single Let, Bodmin, PL31 1RJ, £185,000

Convent of Mercy, St. Marys Road, Bodmin, Cornwall, PL31 1RJ - 2 views - 4 months ago

Under Offer
Leasehold
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£2.7K/m²

Value Estimate

£127,958

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£595 - £925

Rent Estimate

£621

Running Costs/mo

£722

Cashflow/mo

£-101

Cashflow/yr

£-1,216

Gross Yield

4%

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 
£137K11/210 miFlat 8, Convent Of Mercy, St Marys Road, Bodmin, Cornwall PL31 1RJ2
£170K04/220 miFlat 7, Convent Of Mercy, St Marys Road, Bodmin, Cornwall PL31 1RJ2
£130K07/230.32 mi2, Hillside Court, Bodmin, Cornwall PL31 2LF2
£96K05/210.32 mi6, Hillside Court, Bodmin, Cornwall PL31 2LF2
£105K06/210.32 mi4, Hillside Court, Bodmin, Cornwall PL31 2LF2
£230K02/210.33 mi32, Tanwood View, Bodmin, Cornwall PL31 2PN2
£120K08/230.34 mi11, Berrycoombe Vale, Bodmin, Cornwall PL31 2PH2
£286K06/210.35 mi2, Westheath Road, Bodmin, Cornwall PL31 1QQ2
£85K09/230.46 miFlat 4, Gregorys Court, Robartes Road, Bodmin, Cornwall PL31 1HW2
£120K06/220.56 mi73a, Fore Street, Bodmin, Cornwall PL31 2JB2
£74.2K02/210.66 miFirst Floor Flat, 2, Crinnicks Hill, Bodmin, Cornwall PL31 1AL2
£135K01/210.68 mi14a, Fore Street, Bodmin, Cornwall PL31 2HQ2
£90K03/210.73 mi17, The Piazza, Bodmin, Cornwall PL31 2DR2
£98.5K01/210.73 mi8, The Piazza, Bodmin, Cornwall PL31 2DR2
£107.5K06/220.73 mi9, The Piazza, Bodmin, Cornwall PL31 2DR2
£207K03/221 mi2, Berry Towers, Bodmin, Cornwall PL31 2EE2
£130K04/221.02 mi41, Royffe Way, Bodmin, Cornwall PL31 1GA2
£197.5K04/221.03 mi18, Royffe Way, Bodmin, Cornwall PL31 1GA2
£112K04/231.03 mi44, Royffe Way, Bodmin, Cornwall PL31 1GA2
£97.5K08/221.03 mi40, Royffe Way, Bodmin, Cornwall PL31 1GA2

Local Rents

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

RentDateDistanceAddressBeds 
£90001/250.18 mi-2
£69506/240.2 miFlat 2 2 Beaconsfield Terrace, Bodmin2
£59506/240.21 miTown End, Bodmin, Cornwall, PL312
£80001/250.22 mi-2
£89503/250.24 mi-2
£92503/250.24 mi-2
£69512/240.45 mi-2
£72509/240.45 mi-2
£72510/240.45 mi-2
£85006/240.53 mi-2

Local Area Statistics

Population in PL31

14,568

Population in Bodmin

24,877

Town centre distance

0.58 miles away

Nearest school

0.20 miles away

Nearest train station

3.52 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £185,000

December 5, 2024

Sold for £170,000

2022

Sold for £136,000

2016

Sold for £120,000

2003

Floor Plans

Description

  • Two Bedroom Flat +
  • Feature WC +
  • Lounge/ Dining Area +
  • Kitchen +
  • Allocated Parking +
  • Fantastic Location +
  • Private Garden Area +
  • Gas Central Heating +
  • 2% Share of freehold +

Nestled within a converted convent on the western edge of Bodmin, this beautifully presented two-bedroom first-floor apartment offers a rare opportunity to reside in one of the area's most sought-after locations.
The allocated parking is set within a private, gated community. The property boasts impeccably maintained gardens and convenient private garden storage for outdoor needs.
Upon entering, a staircase leads to a bright and airy hallway that sets the tone for the rest of the home. To the left lies a spacious bathroom featuring a distinctive toilet and shower cubicle, while opposite are two generously sized bedrooms. The hallway opens into a large, light-filled living and dining area, offering stunning views of the landscaped gardens. A dedicated dining space is thoughtfully situated toward the rear of the living area, creating a harmonious blend of functionality and comfort. The well-appointed kitchen, located at the back of the property, provides ample storage, fitted oven, fridge and preparation space, ideal for culinary enthusiasts.
This charming home retains many of its original period features, including elegant double glazed windows and solid wood flooring, complemented by the modern convenience of gas-fired central heating.
Truly a property that must be seen to be fully appreciated, this exceptional residence invites you to arrange a viewing and experience its timeless appeal

Agent Details

The Property Shop, Bodmin

01208 223223

Next Steps?

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