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See how verdicts work2-bedroom flat · PL27 7AU
Sold STCListed 185 days
Opportunity summary
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About
A well presented 2 bedroom second floor apartment coming to the market within the popular purpose built development of Town Quay located within Wadebridge town centre. Leasehold. Council Tax Band D.
EPC rating C.
4 Town Quay offers an exciting opportunity to purchase this 2 double bedroom second floor riverside apartment which benefits from a single garage and is offered for sale with no onward chain.
The apartment comprises a spacious entrance hall with plenty of space for coats hanging and 2 good size storage cupboards, master en suite bedroom with some incredible river views and built-in storage, a further double bedroom with 2 generous built-in storage cupboards and a shower room with electric shower.
There is a spacious open plan living/dining room with French doors leading out to a larger than average balcony and a generous kitchen with plenty of room for additional dining area with Juliet balcony facing the town.
Viewings are highly recommended to appreciate the stunning outlook and location Town Quay has to offer.
The Accommodation comprises with all measurements being approximate: Communal Entrance Door Entrance Hallway With lift or stairs access to Second Floor Wooden Front Door to No.
4 leading to Generous Entrance Hall 2 x storage cupboards, radiator, entryphone system.
Shower Room Double shower with electric shower, wash hand basin, low flush W.C., radiator with stainless steel rail above.
Bedroom 2 - 3.1m x 3.4m Double bedroom with 2 x built-in storage cupboards, double glazed wooden windows to front, further storage opportunity, T.V. point.
Bedroom 1 - 6m x 4m Generous master bedroom with en suite. The bedroom consists of 2 x double glazed wooden windows with river views, T.V. point, quadruple built-in storage cupboard.
En Suite Corner shower, low flush W.C., wash hand basin, shaver point and Dimplex electric heater.
Open Plan Living/Dining Room - 3.9m x 7.05m 2 x double glazed wooden windows to side with double glazed wooden French doors leading out to the large balcony enjoying lovely riverside views, 2 x radiators.
Kitchen/Breakfast Room - 4.2m x 3.9m Naturally light kitchen with dining area, double glazed wooden French doors with Juliet balcony, further double glazed wooden window to side, generous range of wall and base units, stainless steel sink, space and plumbing for washing machine and space for tumble dryer, Bosch oven and grill, Worcester boiler, 4 ring Bosch gas hob with extractor over, radiator.
Outside 4 Town Quay has the benefit of a single garage as well as a larger balcony compared to others on this development.
Lease Details We understand that the property was originally sold on a 200 year lease from the 1st February 2000 and that there is an annual service charge of £1623.80 per annum paid in 2 lots on the 1st March and 1st September.
A management company known as Town Quay Wadebridge Ltd in which each leaseholder owns a share operates the committee to manage the freehold building, garden and other communal areas.
The service charge also covers communal expenses such as buildings insurance, building maintenance, lift maintenance, external decorating, lighting and cleaning of the communal areas.
Agents Note You are not permitted to use these apartments for holiday letting purposes. Services Mains electricity, gas, water and drainage are connected.
What3words: ///tiptoes.butterfly.nightfall 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.
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FAQ
About 4, Town Quay, Wadebridge, PL27
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