2-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A luxury two bedroom apartment with balcony with views of the Camel Estuary.
This two bedroom second-floor apartment forms part of The Old Chapel, a small selection of individually designed apartments finished to a high standard.
Inside, the apartment consists of an open-plan lounge/kitchen/diner. The quality kitchen includes granite worktops and integrated appliances (oven, hob, dishwasher, fridge, freezer and washer/dryer).
French doors from the lounge lead out to the patio/balcony. Fully tiled bathroom. There are two double bedrooms with built-in wardrobes, the main bedroom having an en-suite shower room.
Oak flooring, double-glazed windows & gas central heating throughout. Intercom entry system. One allocated off-road parking space. Secure basement storage area. Energy Rating B (81).
Council Tax Band D. Holding Deposit £242. Total Deposit £1,211.
Affordability guide: Based on a monthly rent of £1,050, you will need a combined household gross income of £31,500 per annum (£2,625 per month) to pass our referencing checks.
If a guarantor is required, they will need a gross income of £37,800 per annum.
These figures are based on standard criteria set by our referencing provider and apply equally regardless of income source. Please contact us if you require any clarification.
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.
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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
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FAQ
About Egloshayle Road, Wadebridge
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