1-bedroom flat · PL27 7EP
Listing removedListed 123 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom top-floor flat with an allocated parking space.
Located in Chesterton Court, a quiet block of residential flats, this one bedroom property is accessed by a communal entrance and stairs to the top floor.
The flat comprises, an open plan lounge/kitchen/diner which includes an oven & hob as well as a storage cupboard. There is a nicely sized double bedroom.
In the hallway there are two cupboards, one for storage and the other containing the hot water tank. The bathroom has an electric shower over the bath. The flat has electric heating throughout.
On the ground floor of the building is a useful allocated storage space for the flat. There is one allocated parking space plus visitor parking in the car park. Energy Rating C (71).
Council Tax Band A. Holding Deposit £173. Total Deposit £865.
Affordability guide: Based on a monthly rent of £750, you will need a combined household gross income of £22,500 per annum (£1,875 per month) to pass our referencing checks.
If a guarantor is required, they will need a gross income of £27,000 per annum.
These figures are based on standard criteria set by our referencing provider and apply equally regardless of income source. Please contact us if you require any clarification.
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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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
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FAQ
About Flat 19, Chesterton Court, West Hill, Wadebridge
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