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See how verdicts work1-bedroom flat · PL27 7LY
For saleReduced £15k (−10%) on 26 OctListed 503 days
Opportunity summary
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About
Forming part of this stylish retirement development is this beautifully presented one bedroom first floor apartment which has been designed to specifically meet the needs of the older home owner.
Leasehold. Council Tax Band B. EPC rating C.
Very conveniently situated within a short level walk of the town centre, Olde Market Court is a purpose built retirement development constructed by McCarthy & Stone.
Having been designed to meet the needs of the older home owner, the development has a range of benefits that include:- Residents' Lounge Security Entrance System Guest Suite Resident House Manager with Emergency Call System Lift to all Floors Laundry Room Communal Gardens 27 Olde Market Court is a beautifully presented one double bedroom first floor apartment enjoying views to the river at the rear.
Featuring entrance hall with spacious airing cupboard, double shower cubicle, bedroom with built-in storage and dual aspect living room with flame effect electric fire set in Minster style surround with Juliet balcony overlooking the river at the rear.
The Accommodation comprises with all measurements being approximate: Secure Front Door opens to Communal Entrance Door Off which there is a residents' lounge and the house manager's office.
A stairwell and lift then provides access to the first floor. Door to 27 opening to Entrance Hall With large airing cupboard.
Lounge - 5.36m x 3.28m A lovely dual aspect room with double glazed door at rear which opens to a Juliet balcony.
UPVC double glazed window to side, flame effect electric fire set in Minster style surround, electric night storage heater, built-in cupboard.
Kitchen - 2.62m x 1.75m Double glazed window in UPVC frame to rear. The kitchen is fitted with a range of modern units comprising base cupboards with worktops over and eye level wall cupboards above.
Full range of integral appliances include eye level electric oven, 4 ring hob with extractor hood over, fridge and freezer, stainless steel sink unit.
Bedroom - 4.27m x 2.74m UPVC double glazed window to rear, built-in wardrobe, electric panel heater. Shower Room Double shower cubicle, low level W.C. and wash hand basin with vanity cupboard.
Outside There is residents' parking just outside the main entrance together with communal gardens.
Agents Note We understand that the property was sold with a 125 year lease in 2007 and that the current service charge is £63.86 per week and the ground rent is £8.17 per week.
We have not provided a comprehensive list as to what this covers, however the main points it provides for are as follows:- buildings insurance, water rates, resident's manager, emergency call system, security entrance system, residents' lounge, laundry room, gardening and general maintenance.
Services Mains electricity, water and drainage are connected. What3words: ///enhancement.confirms.stood Please contact our Wadebridge Office for further details.
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.
Area
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FAQ
About Olde Market Court, Wadebridge PL27
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