Summary - Flat D, 84 East Hill PL25 4TR
1 bed 1 bath Flat
Cash buyers only — renovation and lease work required for long-term value.
- Requires full refurbishment throughout
- Approximately 65 years remaining on lease; lender risk
- Covenant reportedly prevents letting or sub-letting
- Single-glazed windows and electric storage heating
- Communal parking included; covered front porch
- Short walk to town centre, shops and railway station
- Low service charge; small ground rent (£50pa)
- Area has above-average crime and high deprivation
This one-bedroom ground-floor flat is a cash-buyers’ opportunity in a tucked-away spot within easy walking distance of St Austell town centre and the railway station. The apartment forms part of a block of four, benefits from communal parking, and offers straightforward accommodation: lounge/diner, kitchen, shower room and double bedroom. Its location near local shops, schools and regional attractions adds practical appeal.
Significant refurbishment is required throughout — the flat has single-glazed windows, dated finishes, and electric storage heating. The structural form and layout are traditional 1980s stock, offering straightforward scope for improvement but requiring full redecoration and systems upgrades. The EPC is D; services and appliances have not been tested.
Buyers should note material constraints: the lease has only about 65 years remaining, which will likely prevent mortgage lending and make this suitable for cash purchasers only unless a lease extension is agreed. There is also a covenant understood to prevent letting or sub-letting the flat, so rental income is restricted without renegotiation.
For a buyer able to fund renovation and any leasework, the flat presents potential value — proximity to transport links and town amenities creates upside once modernised or if a lease extension can be secured. However, factors such as local deprivation, above-average crime levels, and the letting covenant must be weighed in any purchase decision.
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