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See how verdicts work2 × 2-bed flat · PL27 6NW
Sold STCListed 408 days
Opportunity summary
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About
The Current Property Azime Court provides a diverse and exciting opportunity to secure a strategically located, mixed-use investment opportunity with lease income, along with planning permission to extend and improve.
Azime Court is situated in the centre of Rock, in a prominent position set back off Rock Road, with a good level of parking to both the front and rear of the property.
Azime Court provides an attractive investment proposition for investors and owner/occupiers alike in the highly desirable and popular Cornish coastal village of Rock.
Constructed in 1996, the property currently comprises of a detached two storey building with two retail units facing Rock Road - Rock Fish (approx. 329 sq. Ft.) and Mooch Home (approx. 375 sq.
Ft.) at the front of the building with forecourt parking. Two offices units towards the rear of the building through the arch, are occupied by The Coast Guard, (in all approx. 557 sq. Ft.).
Access up to a first-floor residential apartment from the ground floor hallway, offering open plan living, kitchen and dining, two bedrooms and a bathroom.
The apartment has a small rear balcony accessed off the landing. (In all approx. 951 sq. Feet.) Council Tax Band B. Additionally there is driveway parking and five single garages (approx 193 sq. Ft.
Each) located at the rear of the property with driveway parking. In all approx. 3,177 sq. Feet (295.1 sq.
Metres) Development Opportunity Planning permission has been granted for the extension and refurbishment of the current two-bedroom apartment, creating a new three-bedroom apartment with a terrace of approx.
1022 sq. Feet (95 sq. Metres) and a two-bedroom apartment with a covered balcony approx. 753.47 sq. Feet (70 sq.
Metres) - PA18/09933 Further planning has also been granted for the creation of a new commercial space or a two-bedroom apartment of approx. 670 sq feet (62.2 sq.m) above the existing garages.
(PA21/03134) Agents Notes: The apartment carries a main residence restriction.
A lawful development certificate is in place for Azime Court, making this an exciting opportunity to create three centrally located apartments, with further income-generating potential, alongside the existing commercial units and garages.
Location Rock is one of Britain’s best loved and most exclusive waterside resorts with activities for all ages.
The spectacular North Cornish coast also has some of the best surf in Britain and Polzeath, just inside the entrance to the sandy Camel Estuary.
Approximately 6-miles from Rock is the market town of Wadebridge offering a wide range of independent shops and more extensive facilities.
For food lovers, there are a wealth of excellent restaurants and pubs nearby including The Dining Room, The St Enodoc Hotel and The Mariners Pub in Rock, Restaurant Nathan Outlaw in Port Isaac, Rick Stein’s Seafood Restaurant and Paul Ainsworth’s No.
6 in Padstow. What3words ///fiery.excellent.recipient Services Mains water, electricity and drainage. Electric heating.
EPC The Flat (Residential) - EPC Band E Unit 1 (Commercial) - EPC Band C Unit 2 (Commercial) - EPC Band B Unit 3 (Commercial) - EPC Band C Unit 4 (Commercial) - EPC Band C Water source: Direct mains water.
Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Others. Parking Availability: Yes.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Azime Court, Rock Road, Rock
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