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See how verdicts work2-bedroom flat · PL30 5PR
For saleReduced £15k (−7.1%) on 26 OctListed 94 days
Opportunity summary
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About
A charming 2 double bedroom ground floor apartment set within the glorious North Cornwall countryside with modern yet characterful features throughout. Share of freehold. Council Tax Band A.
EPC rating F. Bray Cottage is situated at Polgrain in a lovely rural situation in this beautiful part of the North Cornish countryside.
Bray Cottage itself is a well presented ground floor 2 double bedroom apartment together with private generous outdoor terrace perfect for alfresco dining with further generous lawned garden to side.
Upon entering the property you are instantly greeted with bags of charm within the living room featuring an open fire before leading through to the modern well presented kitchen.
The hallway then continues down to 2 double bedrooms together with generous storage throughout as well as a modern bathroom.
The accommodation comprises with all measurements being approximate:- Stable Part Double Glazed Entrance Door Into Lounge - 4.14 m x 3.0 m Feature open fireplace with attractive slate hearth and natural stone surround.
Night storage heater. Electric panel heater. Double glazed timber window framing some glorious countryside views. Kitchen - 1.37 m x 3.0 m Single drainer stainless steel sink unit with mixer tap over.
Good range of built in base and wall units including drawers. Space and plumbing for washing machine. Space and power for fridge. Built in Bosch stainless steel oven.
Ceramic hob with filtration hood over. Inner Hallway Cloaks hanging. Night storage heater. Electric circuit breakers. Double glazed timber window.
Bathroom Fitted white suite comprising panelled bath with glazed shower screen and Mira Sport electric shower over. Fully tiled walls. Low level w.c. Wash hand basin. Electric towel rail.
Bedroom 1 - 3.0 m x 2.79 m A generous double bedroom with electric panel heater. Double glazed timber window overlooking the courtyard at the front. Built in double wardrobe.
Built in cupboard housing hot water tank. Bedroom 2 - 2.5 m x 3.48 m Double bedroom with electric panel heater. Double glazed timber window to front. Built in double wardrobe.
Outside There is a designated parking space with sunny courtyard/terrace perfect for alfresco dining. Courtyard - 5.99 m x 6.10 m Built in barbeque area.
High stone walling providing privacy from neighbouring properties. Further generous lawned garden to side.
Agents Note We understand the freehold is jointly owned by the owners of Bray Cottage and the first floor apartment and there is no ground rent payable and the current service charge is £30.00 per month.
We understand the building insurance is shared with the first floor apartment directly above Bray Cottage and the annual charge is currently £450 each.
This property is sold on a long leasehold basis and there is currently approximately 976 years left to run. A copy of the lease is available for inspection for any interested party.
Services Mains water, electricity and full fibre broadband are connected to the property. What3words: ///breezy.perused.sprain For further information please contact our Wadebridge office.
Value & comps
No previous sales on record.
Returns
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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
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