We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PL27 7JL
Listing removedReduced £10k (−6.7%) on 29 MayListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and pleasant one bedroom first floor apartment with incredible 180 degree views over Wadebridge located on the first floor. Leasehold. Council Tax Band A. EPC rating D.
Flat 10 Fernleigh Gardens is an immaculately presented one bedroom first floor apartment conveniently located within Wadebridge town offering some fantastic views over Wadebridge Cricket Club and Camel Estuary and benefitting from off road parking.
Inside the property you are met with a spacious hallway with bathroom, double bedroom with built-in wardrobes and an open plan living/dining/kitchen enjoying wonderful views.
The Accommodation comprises with all measurements being approximate: UPVC Double Glazed Communal Entrance Door with stairs leading up to First Floor Door to Apartment 10 Spacious Entrance Hall Storage and hanging space.
Bathroom - 1.8m x 2.3m Bath with overhead shower, wash hand basin, low level W.C., electric towel rail, Dimplex heater, extractor fan.
Bedroom - 3.8m x 2.6m Double bedroom with UPVC double glazed window, modern electric heater, built-in double wardrobe.
Living/Dining/Kitchen - 3.2m x 8.5m A generous open plan room with UPVC double glazed windows to front with incredible views. T.V. point, eaves storage space. Dining area.
Fully equipped kitchen with 2 double glazed wooden Velux windows, sink, space and plumbing for washing machine, gas oven and hob, extractor fan, additional storage space.
Outside There is generous off road parking as well as various communal garden areas. Services Mains electric, water, drainage and gas. Broadband is connected.
Lease Details Please contact the Wadebridge Office for further information regarding the lease.
Service charge is £870 paid in two instalments of £435 payable on 1st April and £435 payable on 30th September. This is paid in advance. What3words: ///shelter.quail.ripe
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 10, Fernleigh Gardens, Wadebridge PL27
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