2-bedroom flat · TR9 6RJ
Let agreedListed 45 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This property is a bit of a hidden gem in St Columb.
Key features include: 2 Storey Apartment 2 x double bedrooms Spacious, light lounge Kitchen / Diner EPC C Gas Central Heating Allocated Parking Space For more information or to register your interest, please contact our Wadebridge Office on: Rent: £875 pcm Rent with Pets: £900 pcm Council Tax Band: A Holding Deposit: One week's rent.
This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit: Five weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy.
Affordability: A minimum household income of £26,250 (£27,000 with pets) is required to rent this property and you must be able to prove that you earn this amount by being in 12 months of continuous employment with the same employer & proving this through payslips.
For those who are self employed this will need to be 36 months. Otherwise a guarantor or upfront payment may be considered, subject to satisfactory referencing.
Heating Source: Gas Allocated Parking: 1 space Outside Space: None Council Tax Band: A Deposit: £1,009.61 Holding Deposit: £201.92
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 2 Carters Court, St Columb
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