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St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 1
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 2
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 3
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 4
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 5
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 6
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 7
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 8
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 9
St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH - Image 10

St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH

South West

£55,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Block Of Apartments

Description

This property presents a unique investment opportunity with three self-contained studio flats situated in the heart of Bodmin on Turf Street. Conveniently located near local amenities and transport links, these vacant units are positioned over the first and second floors. Each studio offers an open-plan layout with combined reception/bedroom space, kitchen facilities, and a shower room/WC, all of which require modernisation to unlock their full potential. With the right refurbishment, these properties could achieve a significant rental income of approximately £450 per month each, equating to an impressive yield of around 29% based on the current guide price. This project is ideal for those looking to enhance value through renovations and is backed by solid rental demand in this region.

Investment Analysis

(PL31 area)
Area Average
£246/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PL31)

Area prices are falling by -8.5% over the last 12 months
3 year growth: -8.0%
5 year growth: +5.8%
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

St. Alan Flat & St. James Flat & St. Stephen Flat, 12 Turf Street, Bodmin, Cornwall PL31 2DH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£196
Based on a loan of £41,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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