1-bedroom flat · EX23 8AW
Sold STCListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION 8 Kiming is a first floor apartment situated within a few minutes walk of Bude's town centre and beaches.
The accommodation briefly comprises a spacious lounge/dining room, kitchen, double principal bedroom and a recently fitted bathroom.
Outside there is allocated parking for one vehicle and use of communal gardens. Available with no onward chain.
EXTERNAL STAIRS TO ENTRANCE Recently fitted wooden staircase with shared access to one other flat ascends to the front door.
LIVING/DINING ROOM 15' 1" x 15' 0" (4.6m x 4.57m) A spacious living room, bay window with sash windows to the front elevation, useful storage cupboard and door to kitchen.
KITCHEN 11' x 6' 0" (3.35m x 1.83m) Fitted with matching wall and base units with contrasting worksurface over, built in oven and gas hob with extractor over, space and plumbing for washing machine and dishwasher, space for freestanding fridge freezer.
Wall mounted gas combi boiler and laminate flooring. INNER HALL Loft hatch access and doors serve the following rooms.
BEDROOM 15' 8" x 8' 9" (4.78m x 2.67m) A generous double bedroom with window to the side elevation, coved ceiling and wall mounted radiator.
BATHROOM 9' 7" x 5' 8" (2.92m x 1.73m) A recently fitted bathroom comprising: Shower enclosure with mains fed shower over, corner bath, WC with enclosed cistern and a wall mounted chrome towel rail.
TENURE Lease hold with 92 years remaining. SERVICES Mains water and drainage, mains gas and mains electricity. COUNCIL TAX Band A
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 8, Kiming, Stratton Road
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