2-bedroom flat · PL27 7AU
Sold STCListed 260 days
Opportunity summary
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About
A spacious 2 double bedroom, one en suite second floor apartment within an easy level stroll of Wadebridge town centre. Leasehold. Council Tax Band C. EPC rating C.
A fantastic opportunity to purchase this second floor 2 double bedroom, one en suite apartment forming part of this popular development with glimpses through to the River Camel and within an easy level stroll of Wadebridge town centre.
The property has the benefit of a lift within the building, designated parking space in secure parking area, balcony with view towards the river and of course both bedrooms also having a similar outlook.
Windows are UPVC double glazed with the exception of the 2 double glazed Velux skylights within the sitting room area.
The accommodation comprises with all measurements being approximate: Lift and stairwell from the main entrance door leading to Landing on the second floor With hallway and individual doors to each apartment.
Entrance Door to No. 33 leading to Entrance Hall Central heating thermostat, access to roof space, radiator. Built-in airing cupboard with slatted shelving, electric circuit breakers, radiator.
Built-in storage cupboard with cloaks hanging and shelving.
Bathroom White suite comprising panelled bath with shower attachment, low level W.C., wash hand basin, tiled surround, shaver socket, wall mounted mirror, radiator.
Lounge/Dining Room - 5.73m x 3.48m approx to 6 ft height, 4.48m to lower wall With slight restricted height (see measurements). Entry phone receiver.
A lovely light dual aspect room with 2 double glazed Velux skylights with fitted blinds, 2 radiators, feature window and French door framing pleasant view through Town Quay to the River Camel and the Balcony - 1.08m x 1.8m approx wide Kitchen/Breakfast Room - 2.34m x 3.96m Pleasant modern fitted kitchen comprising one and a half bowl single drainer stainless steel sink, mixer tap over, good range of built-in base and wall units including drawers, roll edged worktops with tiled surrounds, built-in Neff electric oven, Neff ceramic hob, extractor hood over, washing machine, dishwasher, radiator, dual aspect windows, inset ceiling spotlighting with room for a small table.
Bedroom 1 - 2.96m x 3.39m plus door recess Window enjoying view through Town Quay towards the River Camel. Good size built-in wardrobes with hanging and shelving space, radiator.
En Suite Shower Room Curved glazed screen shower with Mira Advance independent electric shower, wash hand basin, low level W.C., tiled surround, shaver socket, mirror, radiator.
Bedroom 2 - 3.18m x 2.72m plus door recess Radiator, built-in wardrobes with hanging and shelving, window enjoying similar view to Bedroom 1.
Outside Adjacent to the building is a secure parking area with barrier entry.
As you enter the carpark through the barrier the designated space is the 3rd space on your left hand side (town centre side). There is also a communal bin/recycling store for residents use only.
Lease Details We understand there is a 199 year lease from the 1st February 2001. There is no holiday letting/Airbnb allowed at Town Quay, however long term/assured shorthold tenancies are acceptable.
Pets are subject to the management company approval. Management Details The building is managed by Quayside House Wadebridge Ltd.
We understand the current annual service charge is £1129.76 per annum and ground rent is £50 per annum. Services Mains water, electricity, drainage and gas are connected.
What3Words: ///unearthly.darkens.soulful 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.
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About Town Quay, Wadebridge, PL27 7AU
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