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See how verdicts work2-bedroom flat · EX23 8GY
Listing removedListed 210 days
Opportunity summary
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About
Eight Canalside is a stunning first-floor apartment in an exclusive development of just 14 luxury residences.
Perfectly positioned on the edge of Bude Canal offering waterside views and is just moments from Summerleaze Beach and the vibrant town centre.
Designed for modern living, the beautifully appointed interior is accessible via a shared lift and features an inviting entrance hall leading to a stylish open plan kitchen living dining area.
The contemporary kitchen offers sleek Corian work surfaces and high-spec AEG integrated appliances, while the living space extends onto a private balcony.
Two double bedrooms with ensuite shower room to the principal bedroom and separate bathroom.
With the added convenience of allocated parking, Eight Canalside is an exceptional main residence or the perfect getaway holiday home/investment property.
Property description Eight Canalside is a stunning first-floor apartment in an exclusive development of just 14 luxury residences.
Perfectly positioned on the edge of Bude Canal offering waterside views and is just moments from Summerleaze Beach and the vibrant town centre.
Designed for modern living, the beautifully appointed interior is accessible via a shared lift and features an inviting entrance hall leading to a stylish open plan kitchen living dining area.
The contemporary kitchen offers sleek Corian work surfaces and high-spec AEG integrated appliances, while the living space extends onto a private balcony.
Two double bedrooms with ensuite shower room to the principal bedroom and separate bathroom.
With the added convenience of allocated parking, Eight Canalside is an exceptional main residence or the perfect getaway holiday home/investment property.
Communal entrance Entering via a shared entrance door to the communal entrance with lift and stairs to the first floor.
Private door to:- entrance hall Inset LED downlights, engineered oak wood flooring, Nest thermostat and door to the plant cupboard housing the underfloor heating manifolds, pressurised water cylinder, electric boiler and consumer unit.
Oak doors serve the following rooms:- open plan kitchen/living/dining room 29' 6" x 13' 2" (8.99m x 4.01m) A bright and spacious open plan room with UPVC double glazed sliding door to the side elevation opening out onto a balcony and a further UPVC double glazed sliding door with Juliet balcony enjoying stunning views over Bude canal.
Inset LED downlights, engineered oak wood flooring with underfloor heating and television and cat 5 media points.?The bespoke contemporary handleless kitchen is designed by Cornwall and London based 'Yeo Design' and offers a matching range of white base units, light grey wall units and striking white Corian worksurface with matching upstand and a under mounted one and a half bowl stainless steel sink with mixer tap over.
Integrated AEG appliances comprise of touch control induction hob, Pyrolytic oven, compact oven and microwave, dishwasher and washer/dryer.
Bedroom one 15' 2" x 10' 11" (4.62m x 3.33m) Twin UPVC double glazed windows to the front elevation, a bright and spacious double bedroom with inset LED downlights, television and cat 5 media points, fitted wardrobes with hanging space and shelving, engineered oak wood flooring with underfloor heating and door to:- ensuite Inset LED downlights and extractor fan.
Large double shower enclosure with Bristan soak head shower, matching contemporary Roca two piece suite comprising of a wall hung wash hand basin and wall hung toilet bowl with concealed cistern and push flush.
Wall mounted mirror with integrated light and attractive Porcelanosa wall and floor tiling and chrome electric heated towel rail.
Bedroom two 13'3 max' 10'3 min" x 9' 6" (4.22m x 2.9m) Twin UPVC double glazed windows to the rear elevation with views over Bude canal.
A bright and spacious double bedroom with inset LED downlights, television and cat 5 media points, engineered oak wood flooring with underfloor heating and door to built-in cupboard.
Bathroom 6' 8" x 5' 6" (2.03m x 1.68m) Inset LED downlights and extractor fan.
Matching contemporary Roca three piece suite comprising: Panel enclosed bath with a Bristan soak head shower and separate hand attachment, glass shower screen, wall hung wash hand basin and a wall hung toilet bowl with concealed cistern and push flush.
Wall mounted mirror with integrated light and attractive Porcelanosa wall and floor tiling. Council tax Currently rated as Business rates services Mains electricity, mains water and drainage.
BT Fibre to the premises (FTTP) tenure Remainder 999 year lease with a 1/14 share of the freehold.
An annual service charge approximately £2600 per annum contribute towards the communal areas, insurance, lift servicing, etc.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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