1-bedroom flat · EX23 8GW
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented second floor apartment forms part of a purpose built retirement development completed in 2018 for residents aged over 60, offering an appealing balance of independent living, useful communal facilities and convenient access to Bude.
The main living space is a comfortable lounge and dining room with a useful store cupboard and direct access onto the private balcony.
From here, there are views across towards the town together with some coastal outlooks, giving the room an enjoyable connection with its surroundings.
The adjoining modern kitchen is fitted with a range of base and wall mounted units and includes an integral Hotpoint electric oven and grill, Bosch ceramic hob, fridge and freezer.
The double bedroom is bright and benefits from a walk in wardrobe with built in storage, helping keep the sleeping space practical and uncluttered.
A well appointed tiled shower room provides a white suite, vanity storage beneath the hand basin and a generous double sized shower with waterfall fitting.
There is also a separate utility cupboard with space for a washer and drier.
Residents have access to a communal lounge and kitchen, providing additional space to relax and socialise, while a communal patio offers an outside area to enjoy.
An allocated parking space adds everyday convenience, and an on site house manager is available to provide assistance.
With Bude town and its amenities within a short stroll, the apartment offers a practical retirement setting for buyers seeking manageable accommodation, useful shared facilities and ready access to the town.
The combination of private accommodation, shared social areas and attractive outlooks creates a base suited to an easy and connected retirement lifestyle in Bude.
Services: Mains Electricity, Water and Drainage. Lease Information: The property is sold with a 999 year lease which commenced in 2018. Service Charges - £3333.60 per annum.
Ground Rent - £425.00 per annum From the centre of town walk up Broadclose Hill and turn right into Bramble Hill, and as you bear right the block will be seen on the right-hand side.
A Webbers colleague will meet you at the entrance to the building for viewing appointments ///zaps.specifies.massing Entrance Hall Utility Shower Room (2.24m x 1.71m) Principle Bedroom (4.51m x 2.79m) Lounge/Diner (5.52m x 3.15m) Kitchen (3.02m x 2.3m) Balcony Local Authority Cornwall Council EPC B Council Tax Band B Tenure Leasehold Viewing Arrangments Viewings Strictly By Appointment with the Sole Selling Agent
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 30 Pen Morvah,, Bramble Hill, Cornwall
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