2-bedroom flat · PL27 7DG
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and airy 2 bedroom modern apartment located in the heart of Wadebridge town centre. Leasehold. Council Tax Band A. EPC rating D.
Apartment 4 is an immaculately presented 2 bedroom second floor apartment which enjoys stunning views over Wadebridge town and countryside beyond.
Located in the heart of Wadebridge town centre this property would be perfect for those purchasers seeking town centre living.
The apartment comprises 2 bedrooms including a spacious main bedroom, a modern fitted bathroom with built-in washing machine and an impressive 7.35m open plan lounge/kitchen/diner perfect for entertaining.
An early viewing appointment is thoroughly recommended to avoid disappointment.
The Accommodation comprises with all measurements being approximate: Communal Door with door entry system to Communal Hall Stairs to second floor.
Private Entrance Door to Apartment 4 to Entrance Hall Door phone system, electric consumer unit. Attractive laminate flooring.
Bedroom 2 - 1.65m plus window x 2.85m UPVC double glazed window to rear with rooftop views over Wadebridge town. Modern electric panel heater.
Shower Room Attractive modern suite comprising shower cubicle with electric Mira shower over, fully tiled surround, low level W.C., wash hand basin with built-in shelving and cupboards below.
Heated towel rail. Built-in washing machine with shelf above.
Bedroom 1 - 2.7m x 4.54m A spacious and light double bedroom with UPVC double glazed window to side with stunning town and countryside views, electric panel heater.
Kitchen/Lounge/Diner - 2.45m x 7.35m A superb and spacious dual aspect room with 3 windows, one in UPVC double glazing to side and two are wooden double glazed sash windows facing the front.
Again there are stunning views of Wadebridge town and the countryside beyond.
The kitchen comprises an excellent range of wall and base cupboards with worktops over and an extended feature breakfast bar. Lovely tiled surrounds.
Stainless steel sink with mixer tap over, integral large fridge/freezer, electric oven with hob over and extractor fan above. Laminate flooring. T.V. point, wifi point, electric panel heater.
Services Mains electricity, water and drainage. Lease Information We understand that the lease is a 125 year lease from 2015 with 114 years left to run.
We understand the freeholder is Lanswood Ltd and the management company is Silverkey. The ground rent is currently £300 per annum payable in 2 instalments in January and July.
The service charge and buildings insurance is currently £1099.40 per annum payable in 4 x instalments of £274.85 each. Please contact our Wadebridge Office for further details.
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 Molesworth Street, Wadebridge PL27
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