2-bedroom flat · EX23 8LQ
Sold STCListed 178 days
Opportunity summary
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About
PROPERTY DESCRIPTION Flat 3, 7 Breakwater Road offers a rare and exciting opportunity to own a charming first-floor apartment in one of Bude's most desirable coastal settings.
Discreetly positioned to the rear of this traditional property, the apartment offers a peaceful retreat while remaining perfectly placed to enjoy everything the town has to offer.
Just a short stroll from the doorstep you'll find Bude's beautiful beaches, the town centre, the library, an array of excellent restaurants, and the renowned Falcon Hotel - creating an enviable lifestyle in the heart of this vibrant seaside town.
While the property would benefit from some basic updating, it offers fantastic potential to create a wonderful coastal home or holiday retreat.
The property offers an entrance hall, open plan split level kitchen/living/dining room with conservatory to the side, two bedrooms and a bathroom.
Outside there is a generous garden laid to lawn and allocated parking. ENTRANCE HALL Entering via a UPVC double glazed door to the entrance hall. Radiator.
Doors serve the following rooms:- LOUNGE DINING ROOM 15' 4" x 9' 7" (4.67m x 2.92m) A bright and spacious triple aspect South facing multi zone room with wooden framed double glazed windows offering views over the gardens.
Beams to ceiling, fireplace with slate hearth and gas fire, television point and two radiators.
KITCHEN 12' 00" x 6' 5" (3.66m x 1.96m) The kitchen is finished with a range of matching wall and base units with fitted worksurface, inset sink and drainer with mixer tap, inset electric hob, integrated electric oven, space and plumbing for slimline dishwasher, space and plumbing for washing machine.
Wall mounted Worcester gas fired boiler. CONSERVATORY 7' 8" x 6' 3" (2.34m x 1.91m) UPVC double glazed windows and matching door overlooking and leading out to the gardens.
BEDROOM ONE 12' 2" x 9' 10" (3.71m x 3m) A bright and spacious principal double bedroom with wooden framed glazed window to the side elevation. Storage recess and radiator.
BEDROOM TWO 11' 11" x 8'1 max' 4'6 min" (3.63m x 2.54m) Wooden framed window to the side elevation.
Two useful storage cupboards, airing cupboard housing the factory light water cylinder with immersion heater. Radiator.
BATHROOM 6' 8" x 6' 2" (2.03m x 1.88m) Wooden framed obscure glazed window to the side elevation, panel enclosed bath with electric shower, pedestal wash hand basin, push button low flush WC and radiator.
OUTSIDE The garden is laid mainly to lawn with a selection of shrubs. There is also allocated parking for one vehicle.
COUNCIL TAX Band B SERVICES All mains services are connected TENURE This is a lease for 999 years from 26th September 1990 with a share of the freehold.
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
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FAQ
About 7, Breakwater Road, Bude
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