1-bedroom flat · PL27 7LY
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented one double bedroom ground floor apartment forming part of this stylish retirement development in the heart of Wadebridge town centre. Leasehold. Council Tax Band B. EPC rating B.
Superbly situated within the centre of Wadebridge town and within a short stroll of the shops and facilities is this purpose built retirement development constructed by McCarthy & Stone.
The property has been specifically designed to meet the needs of the retirement home owner with the development having a range of benefits.
This particular apartment is very well presented with fully fitted kitchen including built-in appliances, UPVC double glazed windows and electric heating.
The property is offered for sale with no onward chain and is considered ideal for those seeking the peace of mind as such an individual retirement home can offer.
The accommodation with all measurements being approximate:- Main entrance door to the building, residents' lounge etc with security fob with all apartments directly off. Entrance Door To No.
2 Spacious entrance hall with emergency call button and pull switch. Built in airing cupboard housing recently installed hot water tank and slatted shelving, electric light.
Shower Room Fully tiled with large walk in shower enclosure, thermostatic shower, low level w.c., wash hand basin with cupboards below, electric light/shaver point, heater and heated towel rail.
Bedroom - 3.61 m x 3.45 m Built in double wardrobe with folding mirror fronted doors, hanging and shelving, electric panel heater, telephone and T.V.
point, window overlooking the attractive front gardens.
Lounge - 5.31 m x 3.33 m Large window and fully glazed French door leading on to paved patio area and in turn leading on to the communal front gardens.
Dimplex night storage heater, built in corner cupboard housing electric circuit breakers and meter, double doors to Kitchen - 2.74 m x 1.73 m Fully fitted attractive modern kitchen comprising single drainer, single bowl stainless steel sink with mixer tap over, excellent range of built in base and wall units including drawers, built in AEG ceramic hob, Beko electric oven, integral fridge and freezer, integral dishwasher and window overlooking the front gardens.
Outside There is residents' parking situated just outside the main entrance and this particular apartment has a patio area leading on to the attractive communal gardens.
Agents Note We understand the property was sold on a 125 year lease from 2007.
Service Charge We have been informed by the seller that the current service charge is £3320.78 pa with the ground rent being £425.00 pa.
The service charge includes buildings insurance and water rates as well as the residents' manager, emergency call system, security entry system, residents' lounge, laundry room, gardening, external window cleaning and general maintenance.
Services Mains water, drainage and electricity are connected to the property. What3Words: ///held.flags.regulator For further information please contact our Wadebridge office.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Olde Market Court, Wadebridge, PL27
Explore nearby