1-bedroom flat · PL27 7AU
For saleListed 10 days
Opportunity summary
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About
A fantastic opportunity to purchase this one-bedroom first floor apartment, ideally situated in the heart of Wadebridge town centre.
Enjoying fantastic river views, the property also benefits from allocated parking and offers convenient access to a wide range of local amenities, shops, cafés and scenic riverside walks.
Being sold with no onward chain, this property presents an excellent opportunity in a highly sought-after and convenient town centre location.
Description This apartment is situated on the first floor of the highly regarded Town Quay development and enjoys delightful views over the River Camel.
Benefiting from gas-fired central heating, lift access and a well-maintained communal stairwell and entrance hall. The property offers comfortable and convenient living in the heart of Wadebridge.
The accommodation comprises an entrance hall with a useful storage cupboard, shower room, double bedroom with built-in wardrobes, and a living room enjoying views towards the river.
To the rear is a separate fitted kitchen, while the property also benefits from two balconies, one overlooking the river and the other to the rear.
The accommodation comprises with all measurements being approximate:- Entrance door with entrance hall on the ground floor of the building giving access to staircase and lift.
On the first floor is a hallway and landing, giving access to 3 apartments, 24,25 and 26. Entrance Hall Radiator. Entry screen to give visitors access to the building. Fire and smoke alarm sensors.
Central heating thermostat. Built in cloakroom cupboard. Electric circuit breakers. Further built in airing cupboard to side with slatted shelving. Radiator. Ring doorbell plug and bell.
Shower Room (1.93m x 1.96m) Newly fitted white suite comprising walk in shower with surround. Built in shelf for toiletries. Has folding shower seat and silver hand rail.
Dual flush toilet with built in shelf above. Wash hand basin with splashback. Lighted mirror above sink with built in Shaver socket.
Built in cupboard housing Worcester gas fired central heating/hot water combination boiler.
Bedroom (3.45m x 3.15m) A lovely light room with double glazed window and full double glazed French door leading on to the riverside balcony with full length glazed side panel to side.
Built in double wardrobe with hanging and shelving space. Radiator.
Living/Diner (5.5m x 3.43m) Again a lovely room with double glazed window and double glazed French door with matching side panel leading onto the riverside balcony. Radiator.
Riverside Balcony Enjoying a lovely view up and down the River Camel looking back towards the old bridge. Fits two garden armchairs and table plus plant pots.
Kitchen (3.18m x 2m) Single drainer one and a half bowl stainless steel sink unit. A good range of built in base and wall units including drawers with roll edged worktops with tiled surrounds.
Built in Hotpoint electric fan oven. Ceramic hob with extractor hood over. Washing machine, tumbke dryer and fridge/freezer. Larder cupboard. External The property benefits from two balconies.
The riverside balcony, as previously mentioned, enjoys attractive views over the River Camel and provides a wonderful space to relax and take in the surroundings.
Across the communal hallway, is a second town-facing balcony with tiled flooring, offering a further useful outdoor seating area exclusively for Apartment 25.
Externally, the property benefits from an allocated parking space within a barrier-controlled residents' car park, together with visitor parking available for the development.
There is also a shared storage area along with communal bin and recycling stores. Services Mains water, electricity, drainage and gas are connected to the property.
Council Tax Band C Lease And Management Information We understand the property is held on the remainder of a 200-year lease originally granted from 1st February 2000.
The current annual service charge is approximately £1,500 per annum, payable in two instalments on 1st March and 1st September, with a current ground rent of £50 per annum.
Town Quay is a highly regarded waterside development in the heart of Wadebridge, with each apartment owner holding a share in the freehold through Town Quay Wadebridge Ltd.
This unique arrangement allows residents an active interest in the management and maintenance of the building and its communal areas, contributing to the development's continued popularity and attractive presentation.
The management company is responsible for the upkeep and management of the building, communal gardens and shared areas.
The service charge contributes towards a range of communal expenses including buildings insurance, general building maintenance, lift servicing and maintenance, external decoration, (truncated)
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.
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FAQ
About 25, Town Quay, Wadebridge
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