2-bedroom flat · EX23 8LQ
Sold STCListed 179 days
Opportunity summary
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About
PROPERTY DESCRIPTION Flat 1, 7 Breakwater Road presents a rare and exciting opportunity to acquire a ground-floor apartment in one of Bude's most sought-after coastal locations.
Enjoying stunning views stretching down the canal towards Summerleaze Beach and the surrounding coastline, this property perfectly captures the charm of seaside living.
Ideally positioned just 180 yards from the Sea Lock and the golden sands of Summerleaze Beach, the apartment offers exceptional convenience.
From your front door you can take a short stroll to the beach, the town centre, the library, a selection of highly regarded local restaurants, and the iconic Falcon Hotel - placing the very best of Bude right on your doorstep.
While the property would benefit from some basic updating, it offers fantastic potential to create a wonderful coastal home or holiday retreat.
The accommodation comprises an entrance porch, a bright living room with bay window. A kitchen/breakfast room and two ensuite double bedrooms,.
With its superb location, captivating outlook, and excellent potential, this property represents a truly appealing opportunity to enjoy life by the sea.
ENTRANCE PORCH 8' 4" x 5' 3" (2.54m x 1.6m) Entering the property via a private entrance porch at the side of the building. Hanging and storage space for coats and sandy shoes.
LIVING ROOM 12' 3" x 10' 2" (3.73m x 3.1m) A bay window to the front elevation looking towards the canal and window to the side elevation flood the living space with light. Archway to the kitchen.
KITCHEN/BREAKFAST ROOM 15' 3" x 12' 4" (4.65m x 3.76m) The kitchen area is fitted with a range of matching wall and base units, inset sink with side drainer and chrome mixer tap.
Space and plumbing for washing machine and dishwasher, built in oven with electric hob over and window to the rear elevation.
Feature fireplace with stone hearth, understairs cupboard and solid wooden flooring.
BEDROOM ONE 9' 7" x 9' 7" (2.92m x 2.92m) A double bedroom with window to the side elevation, built in wardrobes wall mounted radiator and door to: ENSUITE SHOWER 10' 1" x 5' 7" (3.07m x 1.7m) Shower enclosure with electric Mira shower, wall mounted gas fired central heating boiler, pedestal wash hand basin, WC, radiator and vanity unit.
BEDROOM TWO 10' 5" x 10' 2" (3.18m x 3.1m) Another double bedroom with window overlooking the courtyard and door leading the rear. Radiator and built in storage.
ENSUITE BATHROOM 8' 4" x 6' 6" (2.54m x 1.98m) Panel enclosed bath with electric Mira shower over and tiles to the wet areas, pedestal wash hand basin with tiled splash back, WC and obscured window to the side elevation.
OUTSIDE The property benefits from a private courtyard at the front of the building with parking for one vehicle. There is also a rear enclosed courtyard accessed from bedroom two.
COUNCIL TAX Cornwall Council Band B TENURE The lease is for 999 years from 26th September 1990 with a share of the freehold. SERVICES All mains services are connected.
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 7, Breakwater Road, Bude
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