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See how verdicts work1-bedroom flat · PL27 7LY
Sold STCListed 346 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of this stylish retirement development this one double bedroom first floor apartment is located just a short level stroll from Wadebridge town centre. Leasehold. Council Tax Band B.
EPC rating B.
37 Olde Market Court is situated on the first floor of the development featuring a living room with double glazed door opening to Juliet balcony, the property also has a superbly equipped modern kitchen with built in appliances.
Offering a great opportunity for retirement living, the property has been specifically designed to meet the needs of the older home owner being part of a secure residential development.
Facilities include a lift serving both first and second floors together with a laundry room, resident house manager and a guest suite available for visiting family together with an emergency out of hours call system.
The accommodation comprises with all measurements being approximate:- Communal Front Door To Communal Entrance Hall With access to stairwell and lift serving both first and second floors.
Door to number 37 opening to Entrance Hall Walk in airing cupboard. Emergency call pull switch. Lounge/Dining Room - 5.31 mx 3.3 m Double glazed door in UPVC frame with window to Juliet balcony.
Built in cupboard. Modern electric night storage heater. Double doors to Kitchen - 2.74 m x 1.73 m Double glazed window in UPVC frame to front.
The kitchen is fitted with a range of modern units comprising base cupboards with worktops over and wall cupboards above. Integral electric oven, 4 ring hob, fridge and freezer.
Stainless steel sink unit and mixer tap. Bedroom - 4.7 m x 2.7 m Double glazed window in UPVC frame to front. Modern electric night storage heater. Built-in wardrobe.
Shower Room Double shower cubicle, low flush w.c. and wash hand basin with vanity cupboard under. Outside There is a residents' parking area situated just outside the main entrance to the development.
Olde Market Court also has attractive communal gardens which are maintained as part of the service charge.
Service Charge We have been informed by the seller that the current service charge is £3320.78 pa with the ground rent being £425.00 pa.
The service charge includes buildings insurance and water rates as well as the residents' manager, emergency call system, security entry system, residents' lounge, laundry room, gardening, external window cleaning and general maintenance.
Services Mains water, drainage and electricity are connected to the property. What3Words: ///modern.mealtime.cubes For further information please contact our Wadebridge office.
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.
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FAQ
About 37, Olde Market Court, Wadebridge, PL27
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