3-bedroom terraced house · PL27 7FR
Sold STCListed 465 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling All First Time Buyers as we have a unique opportunity to acquire this immaculately presented 3 bedroom end of terrace shared ownership property in the heart of Wadebridge Town itself.
The property also benefits from an allocated parking space as well as visitor parking and an enclosed rear garden. Call Miller today on to not miss this opportunity to get onto the property ladder.
This property is a shared ownership and perspective buyers would need to meet a set criteria to be eligible. Advertised price at 40% but property is able to be staircased to full ownership.
The share purchase price is calculated using the full market value and the percentage share purchased. Based on a 40% share, the share purchase price will be £130,000.
The property is for sale via a 'SHARED OWNERSHIP BASIS' for buyers with a 'LOCAL AREA CONNECTION'. Details regarding eligibility and costs below...
Service charge £35.28 Estate charge £0.00 Buildings insurance £14.82 LiveWest Management Charge £0.00 Reserve fund payment £0.00 Total monthly payment excluding rent £50.10 (these are subject to change during the purchase process) Shared Ownership This property is a shared ownership and perspective buyers would need to meet a set criteria to be eligible.
Advertised price at 40% but property is able to be staircased to full ownership. The property is for sale via a 'SHARED OWNERSHIP BASIS' for buyers with a 'LOCAL AREA CONNECTION'.
Details regarding eligibility and costs below... The share purchase price is calculated using the full market value and the percentage share purchased.
Based on a 40% share, the share purchase price will be £130,000.
Service charge Estate charge Buildings insurance LiveWest Management Charge Reserve fund payment Total monthly payment excluding rent (these are subject to change during the purchase process) External To the front of the property is a small garden area which has been planted with a few flowers and shrubs.
The enclosed rear garden provides an excellent area for alfresco dining being mainly laid to patio area whilst to the rear of the garden is raised decking and a timber shed as well as a gate out to the rear allocated parking space.
Location The property is situated in an area of outstanding natural beauty within Wadebridge.
The town itself is a thriving market town on the river Camel, which offers a fine selection of shops and amenities including a sports centre, cinema, a primary and secondary school and a selection of supermarkets.
Wadebridge also enjoys the Camel Trail, a popular and almost level cycle route which runs between Padstow and Bodmin, formerly the railway track.
Services The following services are available; mains water, mains electricity, mains gas and mains drainage. Council tax band - D
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About New Park Road, WADEBRIDGE, Cornwall, PL27
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