1-bedroom flat · EX23 8JX
Listing removedListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious first floor one bedroom flat, providing very comfortable accommodation and located in the centre of the popular coastal town of Bude.
The property has been re-carpeted and freshly painted throughout, with the accommodation providing: A spacious lounge, cloakroom, kitchen/breakfast room inc oven/hob, double bedroom and en-suite bathroom.
The property benefits from UPVC double glazing and gas central heating. Available unfurnished for long let in August.
Directions Proceed on foot from our office in Queen Street through Belle Vue Lane and turn right onto to Belle Vue and proceed until reaching 'Time and Tide'.
The door to the left of 'Time and Tide' accesses Grosvenor Mansions. Communal Entrance Hall Door opens to the communal hallway, with the flat being located on the first floor.
An additional fire escape is located on the communal landing to provide access via Belle Vue Lane. Door from communal first floor landing to Flat 7.
Entrance Hall Entering via a wooden door to the entrance hall with coat hanging space, wall mounted consumer unit and door to:- Cloakroom 5'9 x 2'10 Fully tiled walls, push button low flush WC, wall mounted wash hand basin and radiator.
Living Room 12'8 x 11'9 A bright and spacious room with twin UPVC double glazed windows to the side elevation, inset spotlights, television point, telephone point and radiator.
Archway through to:- Kitchen/Breakfast Room 15'2 x 7'7 A dual aspect room with twin UPVC double glazed windows to the rear elevation and a UPVC double glazed window to the side elevation.
The kitchen is fitted with a range of matching wall and base units with fitted work surface over, inset stainless steel sink with side drainer and attractive tiled splashbacking, inset electric oven and four ring gas hob with pullout extractor over, space and plumbing for a washing machine, space for under counter fridge, wall mounted gas-fired combi boiler and radiator.
Bedroom One 11'8 x 9'3 A double bedroom with twin UPVC double glazed windows to the side elevation, picture rail, feature fireplace and radiator.
Door to:- Bathroom 11'8 x 4'11 UPVC obscure double glazed window to the side elevation, panel enclosed bath, separate shower enclosure with electric shower over, pedestal wash hand basin and heated towel rail.
Council Tax Band A Services All mains services are connected.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 7 Grosvenor Mansions, Belle Vue, Bude
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