2-bedroom flat · PL27 7EP
Sold STCListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this unique and spacious, 2 bedroom top floor apartment enjoying the most incredible views over Wadebridge and beyond from the bedrooms.
Offering two double bedrooms with built in wardrobes, open plan kitchen/living/diner with a large window to the front, wet room, large allocated storage on the ground floor, allocated parking, communal garden and visitor parking.
All offered with no onward chain, call Miller today to book your viewing. Description Upon entering the front communal door and walking up the stairs will take you to your own front door.
Enter to the main hall which gives you access to both bedrooms, the wet room, storage cupboard and open plan living/kitchen/diner.
The exceptional feature to this apartment is the generous living area with a large window to the front of the building allowing you to sit and watch the world go by.
This large room offers everything you need with an area with space for sofas to use as a living room, space next to the window for your dining table, space under the eaves that could host a desk for those wanting to work from home.
The kitchen area currently enjoys a breakfast bar, an array of wall and base units with worktop over, space for fridge/freezer, space for washing machine, stainless steel sink and drainer, electric oven and hob with extractor over.
Both double bedrooms are to the rear of the property with incredible views over Wadebridge, the River Camel and beyond plus (truncated) External To the front of the property is the main door with secured access to the building.
At the side of the property is where the visitor parking is located whereas at the rear of the building is the allocated parking bay, communal bins and recycling as well as the beautiful communal gardens mainly laid to lawn including some beautiful mature trees.
Location The property is located on the immediate edge of Wadebridge Town, within walking distance of a range of retail, produce and leisure facilities, with direct transport links to outlying areas.
The town itself straddles the River Camel, five miles upstream from the popular historic fishing port and tourism destination of Padstow.
Additionally there is an array of public houses and restaurants, providing a thriving community, is home to various sporting clubs including cricket, football and rugby.
Services The following services as available :- mains water, electric and drainage.
Council Tax Band B Agents Notes The property has the benefit of a 999 year lease granted on the 25th March 1995.
The freehold of the building is owned by Westcott Management Company Ltd and each resident owning an equal share. The current ground rent/maintenance charge is circa £100pcm.
This includes exterior maintenance and cleaning, internal communal maintenance, window cleaning and building insurance.
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.
Area
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FAQ
About West Hill, Wadebridge, Cornwall, PL27
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