4-bedroom detached house · PL27 7RP
Opportunity summary
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About
A 4 bedroom (one en suite), 2 reception room detached house located in this popular part of town in need of redecoration. Freehold. Council Tax Band D. EPC rating D. Awaiting video tour.
Conveniently located on this popular residential development, 109 Talmena Avenue is an ex-rental property now available with full vacant possession and for immediate sale.
The property is in need of complete redecoration although we feel offers fantastic potential and has been priced accordingly.
The Accommodation comprises with all measurements being approximate: Half Glazed Door to Entrance Hall Radiator, door to integral garage (see later).
Cloakroom Low level W.C., wash hand basin, radiator. Dining Room - 4.47m x 2.49m French doors opening onto garden, radiator, stairs off to first floor. Lounge - 4.14m x 3.28m Window to rear, radiator.
Kitchen - 2.97m x 2.13m Window to front, fitted kitchen comprising one and a half bowl sink unit and mixer tap, space and plumbing for dishwasher and washing machine, built-in oven, 4 ring gas hob.
First Floor Landing Airing cupboard with hot water tank, radiator. Bedroom 1 - 3.45m x 3.3m Window to rear, radiator.
En Suite Shower cubicle, low level W.C., basin, radiator, extractor fan, window to side. Bedroom 2 - 3.43m x 2.54m Window to rear, radiator.
Bedroom 3 - 3.66m x 1.83m plus door recess Window to front, radiator. Bedroom 4 - 2.84m x 2.13m Window to front, radiator.
Bathroom White suite comprising panelled bath, wash hand basin, low level W.C., radiator, window to side.
Garage - 5.69m x 2.54m Up and over door, light and power connected, wall mounted gas fired boiler, internal door to entrance hall. Additional off road parking by double car driveway to front.
Small area of garden to the front. At the rear is a patio area with pathway on one side and gate to front. Steps then lead up to a top garden which enjoys a pleasant south westerly but needs tidying.
Services Mains water, electricity, drainage and gas are connected to the property.
Agents Note Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
The fee is £30 plus VAT (£36 inc VAT) per person. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
PROOF OF FINANCE – Purchasers, before an offer is formally agreed, we will require proof of your financial ability to purchase.
Again, we ask for your cooperation on this matter to avoid any unnecessary delays in issuing a memorandum of sale.
What3words: ///permanent.haircuts.moves Please contact our Wadebridge Office for further details
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 109, Talmena Avenue, Wadebridge, PL27 7RP
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