Ground Floor Flat Ashton Lady, Fore Street, Ashton, Cornwall, TR13 9RW

Description

A spacious vacant three bedroom ground floor flat for improvement, situated in the popular village of Ashton, having the benefit of a decked patio seating area and parking. The property offers a lounge, kitchen/diner, three bedrooms and bathroom with UPVC double glazing and electric heating.

Accommodation

Lounge, kitchen/diner, three bedrooms and bathroom.

Location

Located in the heart of Ashton, the property enjoys excellent access to local amenities. Shops, cafés, and everyday conveniences are all within easy reach, along with well-regarded schools, parks, and reliable transport links into Helston and surrounding areas.

Tenure / Property Information

Investment Analysis

The strongest evidence is a completed sale at the same address for £69,000 on 11 August 2026, compared with the £70,000+ guide. The £140,000 sale from December 2006 is historic and not reliable for current valuation. A base GDV of £69,000 is therefore used, but there is insufficient current evidence to support low and high GDV scenarios.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, lease, condition and full buyer costs. Do not rely on the supplied rental listing or bid on the assumption of a profitable BTL, BRRR or flip.

Works Required

The listing describes the flat as being for improvement, but does not specify required works. Obtain the legal pack, inspection findings and lease information before budgeting for any refurbishment.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a base GDV of £69,000, a 75% refinance is £51,750. Total project cost cannot be calculated because refurbishment costs, lease details and VAT-inclusive administration costs are not fully established. BRRR viability is therefore unproven.

Buy-to-Let Analysis

A reliable rent cannot be established. The only supplied rental listing is for Ashton-Under-Lyne, Droylsden and Hyde, which does not evidence achievable rent for Ashton, Cornwall. Consequently, BTL yield and cash flow cannot be calculated.

Flip Analysis

A same-address completed sale supports a £69,000 base GDV, broadly consistent with the £70,000 guide. However, refurbishment costs, transaction costs and any resale allowance are unavailable, so project surplus and flip viability cannot be calculated.

Investor Risks & Due Diligence

• Lease tenure and lease terms are not supplied.

• The property is described as being for improvement, but the required works and costs are unknown.

• Relevant local rental evidence for Ashton, Cornwall is not supplied.

• The administration charge is subject to VAT and the minimum fee, while other legal-pack fees may also apply.

• The historic £140,000 comparable from 2006 is not a reliable indicator of current value.

• Vacant possession is stated, but no inspection or detailed condition report is provided.

Recommendation

Proceed only after reviewing the legal pack, lease, condition and full buyer costs. Do not rely on the supplied rental listing or bid on the assumption of a profitable BTL, BRRR or flip.

Strategy Rating

Analysis Confidence

There is a recent same-address completed sale and clear property description, but lease details, refurbishment costs, relevant rental evidence and complete purchase costs are missing.