2-bedroom terraced house · PL27 7FP
Sold STCListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern and well presented house with a short distance of Wadebridge town. The property benefits from two double bedrooms, private parking for two cars and an enclosed rear garden.
EPC: B Situation - Beech Close is conveniently situated within walking distance of the centre of Wadebridge, a popular market town set astride the River Camel.
The town offers an excellent range of amenities including independent shops, supermarkets, primary and secondary schooling, as well as a variety of sports and social clubs.
The renowned Camel Trail provides excellent opportunities for walking and cycling, whilst the town also benefits from a cinema.
For those travelling further afield, mainline rail services are available from Bodmin Parkway, providing connections to London Paddington via Plymouth.
Newquay Airport offers a range of scheduled domestic and international flights. The A30 is readily accessible at Bodmin, providing excellent road links to the cathedral cities of Truro and Exeter.
The Property - 8 Beech Close is a modern, end of terrace house offering well-presented two-bedroom accommodation, together with private parking for two vehicles and an enclosed rear garden.
The front door opens into an entrance hall, with doors leading to the cloakroom and sitting room.
An open doorway leads through to the kitchen/dining room, which is fitted with a range of matching wall and base units, incorporating a built-in oven and gas hob, together with space and plumbing for appliances.
Double doors provide a pleasant connection to the rear garden. On the first floor, the landing gives access to two good-sized double bedrooms and the family bathroom.
The bathroom is fitted with a panel bath with overhead shower, WC and wall-mounted wash hand basin. Outside - To the side of the property is private parking for two vehicles, arranged in tandem.
The enclosed rear garden is principally laid to lawn, with a paved patio area providing an ideal space for outdoor seating and entertaining.
A gate provides access between the garden, parking area and front of the property. Services - Mains electricity, water and drainage. Mains gas central heating. Broadband availability: Ultrafast.
Mobile Phone Coverage: Good outdoor and in home. (Broadband and mobile information via Ofcom). Please note the agents have not inspected or tested these services.
There is a service charge to First Port of approximately £330 per annum which is paid bi-annually. Viewings - Strictly by appointment with the vendor's appointed agents, Stags.
Directions - From the centre of Wadebridge, travel along The Platt to the roundabout next to the cinema.
Go straight across at this roundabout travelling up Trevanion Road and take the first left onto Hill road then the immediate right into Beech Close. What3Words: ///carriage.shuffles.cashew
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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