2 × 1-bed house · PL27 7PY
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom house situated in the centre of town with pleasant garden to side together with one parking space. Freehold. Council Tax Band A. EPC rating D.
16 Polmear Court is a one bedroom house situated right in the heart of Wadebridge town centre.
Windows have been replaced with double glazed UPVC although the heating is the original electric and the kitchen is also original, however we feel this property offers great potential for those seeking a property in such a great location adjacent to the town.
The Accommodation comprises with all measurements being approximate: UPVC Double Glazed Entrance Door to Entrance Porch Tiled flooring, cloaks hanging, built-in shelved storage cupboard housing the RCD box.
Door to Open Plan Living/Kitchen - 5.18m x 3.6m max lounge area, 2.67m in the kitchen area Pleasant open plan room with box bay window overlooking the garden, night storage heater, stairs off to first floor with understairs storage cupboard, single drainer stainless steel sink with cupboards and drawers to side, wall units, roll edged worktops with tiled surrounds, electric cooker point.
First Floor Landing Access to roof space, night storage heater, airing cupboard.
Shower Room Refitted suite comprising glazed shower enclosure with Mira Sport electric shower, wash hand basin, cupboard below, low level W.C., side double glazed window, heated towel rail.
Bedroom - 2.98m max, 2.14m min x 3.6m Double glazed window, electric panel heater, built-in shelved storage cupboard.
Outside We understand the property owns the area of garden immediately outside together with an additional garden area next to the numbered parking space.
Services Mains water, electricity and drainage are connected.
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: ///takes.dislikes.aimless Please contact our Wadebridge Office for further details
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 16, Polmear Court, Wadebridge PL27
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