1-bedroom flat · PL27 7LY
For saleListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of this stylish retirement development is this beautifully presented one bedroom ground floor apartment which has been designed to specifically meet the needs of the older homeowner.
Leasehold. Council Tax Band B. EPC rating B.
8 Olde Market Court is located on the ground floor of the development featuring a lovely living room with double glazed door which opens to a Juliet balcony.
The kitchen has been extensively refitted in recent years with high quality units including a range of integral appliances.
Offering a great opportunity for retirement living, the property has been specifically designed to meet the needs of the older homeowner and is thoroughly recommended for an early viewing appointment.
The Accommodation comprises with all measurements being approximate: Communal Front Door to Communal Entrance Hall Door to 8 Olde Market Court opening to Entrance Hall Walk-in airing cupboard, emergency call pull switch.
Lounge/Dining Room - 5.3m x 3.2m Double glazed door in UPVC frame opening to Juliet balcony together with further window to side. T.V. point. Electric night storage heater. Shelved store cupboard.
Glazed double doors opening to Kitchen - 2.6m x 1.7m approx Double glazed window in UPVC frame to rear.
The kitchen has been refitted with a superb range of high quality units comprising base cupboards with worktops over and wall cupboards above.
Fully integrated appliances include dishwasher, microwave, frost free fridge/freezer together with AEG electric oven and 4 ring hob, large porcelain sink unit with drainer and mixer tap.
Bedroom - 3.7m x 2.7m Double glazed UPVC window. Electric night storage heater. Built-in wardrobe with mirrored doors. Shower Room Double shower cubicle, low flush W.C.
and wash hand basin with electric fan heater.
Outside There is a residents' parking area situated just outside the main entrance of the development as well as attractive communal gardens which are maintained as part of the service charges.
Service Charge We understand 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:- building insurance, water rates, residents' 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
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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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 8, Olde Market Court, Wadebridge PL27
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