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Turf Street, BODMIN

South West

£55,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Flat

Description

This property presents a unique investment opportunity with three separate long leasehold studio flats, each requiring significant modernisation. Situated in an accessible location near Bodmin, each flat boasts its own self-contained living space, providing the potential for rental income or resale after refurbishment. All units are currently vacant and offer flexibility for buyers looking to revamp the interiors to meet contemporary standards. The existing layout includes a combined reception/bedroom area with kitchen facilities and a shower room/WC in each flat. With approximately 189 years remaining on the leases, these properties have ample time left for profitable ownership. The surrounding area benefits from local amenities and recreational spaces, enhancing their appeal as residential units once updated.

Investment Analysis

(PL31 area)
Area Average
£250/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PL31)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -2.3%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on PL31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Turf Street, BODMIN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£198
Based on a loan of £41,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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