According to the public record, Flat 8, Kernow Court, Torpoint is a mid-century leasehold apartment and with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Kernow Court, Kernow Close, Torpoint, PL11.
Kernow Close, Torpoint, PL11 is located within the PL11 postal district.
Flat 8, Kernow Court, Torpoint has 31 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 8 Kernow Court Torpoint as £66,420 and the rental value as £381 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 8 Kernow Court Torpoint has increased by £3,304 (5.0%) and its rental value has increased by £14 per month (3.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 8, Kernow Court, Torpoint is in very good condition we estimate a sale value of £69,741 and rental value of £400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,771 and a rental value of £354 per month.
If you were able to purchase this property for the estimated value of £66,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £326 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 8, Kernow Court, Torpoint was last sold on 12 May 2022 for £69,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 8, Kernow Court, Torpoint within a radius of 221m over the last 2 years.
The most recent example is Flat 5, Kernow Court, Kernow Close, Torpoint, PL11 2HQ, a Leasehold flat which sold for £58,000 in Jun 2016.
Read more about house prices in PL11.
Kernow Close, Torpoint, PL11 has a total of 24 addresses. According to our analysis of all the public data, Flat 8, Kernow Court, Torpoint is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in PL11.
Flat 8, Kernow Court, Torpoint has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to Flat 8, Kernow Court, Torpoint is Dockyard (Devonport) station which is 3.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Kernow Court, Torpoint, 36.0% of property is privately owned outright and 30.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 8, Kernow Court, Torpoint, 17.0% of residents are recorded as possessing school level qualifications and 30.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 8, Kernow Court, Torpoint, the average age was 48.2 and the most common age was 62.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 8, Kernow Court, Torpoint, 0.4% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 8, Kernow Court, Torpoint, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.