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See how verdicts work2-bedroom flat · PL27 6BJ
No longer listedListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the ever-popular Camelside development, 7 Camelside is a superb ground floor apartment enjoying one of the finest positions along the River Camel.
With a sunny, southwest-facing aspect and uninterrupted views towards the Old Bridge and Wadebridge town, this is a property that immediately feels special whether as a main residence, second home or investment purchase.
Accessed via a level walkway from the underground parking area, the apartment offers both convenience and privacy.
Stepping inside you are welcomed by a practical entrance area and hallway, providing useful storage and leading seamlessly through the accommodation.
The apartment has been extremely well cared for and is presented in excellent order throughout. Both bedrooms are comfortable doubles ideal for family, guests or holiday use.
The principal bedroom is a particularly light and relaxing space, benefiting from built-in storage and direct access via French doors to the balcony, the perfect spot to wake up to river views.
An en suite bathroom complements the main bedroom while a separate shower room serves the second bedroom and guests, offering flexibility and convenience.
The heart of the home is the spacious lounge and dining area, a bright and airy room designed to make the most of its enviable riverside setting.
French doors and windows frame the view beautifully and open directly onto the balcony creating a wonderful connection between inside and out.
Whether enjoying a quiet morning coffee or an evening drink watching the light change over the river, this space is a real highlight of the apartment.
The kitchen is well fitted and thoughtfully arranged, offering ample storage and worktop space along with integrated appliances, making it equally suitable for everyday living or holiday use.
Outside the brick-paved balcony enjoys a sunny aspect and provides a front-row seat to one of Wadebridge’s most attractive outlooks.
Residents of Camelside also benefit from well-maintained communal gardens and patio areas, all cared for under the internal management agreement.
In addition the apartment enjoys secure underground parking, visitor parking, and a lockable storage area adjacent to the car park – ideal for bicycles, golf clubs or paddleboards.
Importantly 7 Camelside is a proven and successful holiday let, making it an excellent turnkey opportunity for buyers seeking a ready-made investment, while also being perfectly suited as a private retreat or full-time home.
Properties in this position rarely come to the market, and when they do, they are highly sought after. The apartment is held on a 200-year lease from 1999 with a ground rent of £20 per annum.
The freehold is owned by Camelside (Wadebridge) Ltd, with each of the 18 apartment owners holding an equal share. The residents’ committee manages the insurance, maintenance and communal areas.
The current service charge is £1,680 per annum, payable in two instalments on 1st January and 1st July, this charge can be paid monthly.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
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FAQ
About 7 Camelside,, Egloshayle Road, Cornwall
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