We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · EX23 8GW
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment No. 2 is a beautifully presented ground floor, former show home, in this sought-after retirement development designed for the over 60s.
Ideally positioned just a short walk from the centre of Bude, this south-facing apartment offers the perfect blend of comfort, style, and convenience.
Step inside to discover a bright and spacious lounge/dining area, thoughtfully designed to maximise natural light through its generous south-facing window.
The open-plan layout creates a warm and welcoming atmosphere.
The modern kitchen is finished with high-quality units and integrated appliances, complemented by a large utility cupboard that houses the ventilation system and includes a built-in washer/dryer—offering both practicality and discreet storage.
There are 2 double bedrooms, one including a walk-in wardrobe for ample storage, while the contemporary shower room features a low-threshold double shower, vanity unit with sink, easy-push W/C, stylish tiling, and parquet-style flooring, creating a luxurious, easy-access space.
Completed in 2018, the development is surrounded by beautifully maintained communal gardens and patios, and benefits from a welcoming residents’ lounge, tidy reception areas, and a range of convenient facilities, including a lift, secure entry system with CCTV, mobility scooter storage, and refuse room, all overseen by a part-time house manager.
Apartment 2 is ideal for those seeking single-level living in a vibrant, well-connected coastal town.
Early viewing is highly recommended to appreciate the quality and comfort this show home has to offer. The property is sold with a 999 year lease which commenced in 2018.
Service Charge: Approximately £404 per month. Ground Rent - Approximately £498 per annum. Reviewed annually.
The services charges include: Buildings insurance, water and drainage, electricity/heating and lighting of communal areas, development staff and emergency call system.
Services: Mains Electricity, Water and Drainage Tenure: Leasehold EPC: B Council Tax Band: C From the centre of town walk up Broadclose Hill and turn right into Bramble Hill, and as you bear right the block will be seen on the right-hand side.
A Webbers colleague will meet you at the entrance to the building for viewing appointments.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Bramble Hill, Bude, Cornwall, EX23
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