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 work1-bedroom flat · EX23 8BY
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance of town and the local beaches an opportunity to acquire a well presented one bedroom first floor flat.
The property would ideally suit first time buyers or could equally appeal as a second home/investment purchase having been operated previously by other owners as a holiday let.
The property benefits from double glazed windows and has the distinct advantage of mains gas fired central heating. EPC Rating tbc. Council Tax Band A.
The property enjoys a convenient and sought after central location within this popular coastal town set amidst the rugged North Cornish coastline being famed for its many nearby areas of outstanding natural beauty and popular bathing beaches providing a whole host of water sports and leisure activities together with many breathtaking clifftop coastal walks etc.
Bude itself supports a comprehensive range of shopping, schooling and recreational facilities with its 18 hole links golf course and fully equipped leisure centre etc.
The bustling market town of Holsworthy lies some 10 miles inland, whilst the Port and Market town of Bideford is some 28 miles in a northeasterly direction providing a convenient access to the A39 North Devon link road which connects in turn to Barnstaple, Tiverton and the M5 motorway.
Directions On Foot Leaving our office, turn right and walk up Queen Street. Cross over at the top of the road and proceed onto the unmade access lane.
Continue up this lane and the property will be found on the right-hand side.
Kitchen Fitted range of base and wall mounted units with work surfaces over incorporating stainless steel sink drainer unit with mixer taps over, electric 4 ring hob, integrated oven, recess for under counter fridge/freezer and recess plumbing for washing machine.
Window to front elevation. Leads to: Living Room Window to front elevation. Bedroom Double bedroom. Built in wardrobes. Window to front elevation.
Shower Room Enclosed shower cubicle with electric shower over, Pedestal sink, WC and heated towel rail. Window to front elevation.
Outside The property is accessed via a shared courtyard with an external wooden staircase leading to the entrance door of the flat.
Parking No allocated parking however on street parking can be found at nearby subject to parking restrictions. Tenure Leasehold sold with the remainder of 999 years granted in May 1991.
Council Tax Band A EPC Rating tbc Services Mains gas, electric, water and drainage.
Anti Money Laundering Before any sale is formally agreed, we have a legal obligation under the Money Laundering regulations and Terrorist Financing Act 2017 to obtain proof of your identity and of your address, take copies and retain on file for five years and will only be used for this purpose.
We carry out this through a secure platform to protect your data.
Each purchaser will be required to pay £20 upon an offer verbally being agreed to carry out these checks prior to the property being advertised as sale agreed.
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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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
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FAQ
About Flat 2, 3, Burn View, Cornwall
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