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See how verdicts work2-bedroom flat · PL29 3RB
For saleReduced £45k (−15.3%) on 6 OctListed 46 days
Opportunity summary
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About
Set in the center of the popular harbour village of Port Isaac and currently used as a successful holiday let, this beautifully presented two bedroom apartment would be suitable as a home, holiday home or investment opportunity.
EPC: E Situation The property is tucked away down 'Squeeze Belly Ally' in the heart of the fishing village of Port Isaac, just 30 yards from the picturesque harbour.
The village itself has a thriving community and offers a range of local facilities and amenities catering for day to day needs.
These include a doctor's surgery, primary school, public houses, excellent restaurants including the Michelin starred Fish Kitchen by Nathan Outlaw and regular local bus services to nearby towns.
Perhaps best known for its association with a number of TV series, the village itself was the backdrop for the popular series Doc Martin.
In years gone by it was a busy trading and fishing port with a myriad of narrow streets and traditional cottages arranged around the beach and harbour.
Description This beautifully presented two-bedroom apartment enjoys an enviable position just moments from the harbour and beach, offering an excellent opportunity as a permanent residence, coastal retreat or holiday let investment.
Accessed via an external flight of steps, the property opens through a charming stable door into a light and airy open-plan kitchen/sitting/dining room, thoughtfully arranged to create a welcoming and sociable living space.
The contemporary kitchen is fitted with a range of wall and base units together with integrated appliances including an electric oven and hob, under-counter fridge and composite sink with mixer tap.
An inner hallway leads to two bedrooms and a well-appointed shower room. The principal bedroom benefits from built-in storage cupboards, whilst the second bedroom features a wash hand basin.
To the front of the apartment is a delightful south-westerly facing courtyard, enjoying a sunny aspect and shared with the residents of Bakehouse Flats.
Services Mains electricity, mains water and drainage. Electric radiators. Broadband availability: Superfast.
Mobile phone coverage: Good outdoor and variable indoor (Broadband and mobile information via Ofcom). Please note the agents have not inspected or tested these services.
Please note the agents have not inspected and tested these services. The property is on a long 999 year lease from 1988 with a 50% share of the freehold.
There are no ground rents of services charges payable. Viewings Strictly by appointment with the vendor's appointed agents, Stags Wadebridge . Directions What3Words: ///registry.handyman.treble
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 2 Bakehouse Flats, 22a Fore Street, Port Isaac
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