1-bedroom flat · EX23 9DF
For saleReduced £5k (−5%) on 14 OctListed 578 days
Opportunity summary
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About
An opportunity to acquire a 1 bedroom first floor apartment in the heart of the sought after village of Stratton.
Requiring modernisation throughout and would ideally suit first time buyers/as an investment opportunity. The property briefly comprises of a kitchen, living room bedroom and bathroom.
No onward chain. EPC – tbc.
Council tax band - A Directions From Bude town centre continue along The Strand and on reaching the mini-roundabout turn left into Bencoolen Road continue on this road to the A39.
At the T junction turn left onto the A39, follow the road down the hill and turn right sign posted Holsworthy.
Follow this road down the hill, around the right hand bend past the hospital on the right hand side, continue on this road around a left hand bend over the bridge and take the left hand turning just after the Kings Arms into Old Post Office Hill.
Follow this road up past the Tree Inn and the General Stores on the left whereupon Market House will be found a short distance on the right hand side. Entrance Door Communal entrance hallway.
Communal stairway. Entrance Hallway (4' 11" x 5' 5") Doors to living room, kitchen and bathroom.
Living Room (12' 11" x 16' 7") 2 large wooden sash windows to the front elevation, ornate enamel ceiling believed to be recovered from a local shipwreck.
Bedroom (12' 3" x 11' 5") A light and airy double bedroom with 2 large wooden sash windows to the front elevation.
Kitchen (6' 0" x 10' 11") Base and mounted units with laminate worktops over incorporating a sink/drainer unit with mixer tap. Space for freestanding cooker, washing machine and tall fridge freezer.
Wooden window to the rear elevation. Bathroom (9' 3" x 6' 8") Frosted wooden window to side elevation and rear elevation, enclosed panelled bath, close coupled WC and pedestal wash hand basin.
Tiles to water sensitive areas. Airing cupboard housing immersion tank. Tenure The property is leasehold with 84 years remaining on the lease.
The leaseholder is responsible for a 1⁄4 share of joint maintenance costs and buildings insurance. The roof on the whole building was replaced in Mid 1990s.
Services Mains electricity, water and drainage
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
Agent & docs
FAQ
About 1, Market Street
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