3 Bed Terraced House, Single Let, Bude, EX23 8HG, £250,000

Bude, Cornwall, EX23 8HG - 1 views - 8 months ago

BTL
ROI: 1%
~72 m²
+2 photos

ValuationUndervalued

Sold Prices£182.5K - £625K
Sold Prices/m²£2.5K/m² - £5K/m²

 

 

Square Metres

~72.20 m²
Price/m²£3.5K/m²

Value Estimate

£264,989
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£850 - £1,400

Rent Estimate

£1,070

Running Costs/mo

£1,015

Cashflow/mo

£55

Cashflow/yr

£657

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £182.5K to £625K, average is £345K. £2.5K/m² to £5K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£340K02/210.06 miClovelly House, 4, Burn View, Bude, Cornwall EX23 8BY3
£393.5K09/220.26 mi7, Carteret Road, Bude, Cornwall EX23 8DD3
£317K06/230.3 mi26, Fairfield Road, Bude, Cornwall EX23 8DH3
£264K04/210.3 mi12, Fairfield Road, Bude, Cornwall EX23 8DH3
£345K04/210.33 mi16, Westby Road, Bude, Cornwall EX23 8DE3
£314.5K04/210.33 mi2, Westby Road, Bude, Cornwall EX23 8DE3
£375K10/220.33 mi37, Fairfield Road, Bude, Cornwall EX23 8DJ3
£272.5K04/230.33 mi36, Fairfield Road, Bude, Cornwall EX23 8DJ3
£360K02/210.34 mi15, Killerton Road, Bude, Cornwall EX23 8EL3
£390K11/200.4 mi49, Killerton Road, Bude, Cornwall EX23 8EN3
£625K11/220.45 miBramley House, William Edwards Close, Bude, Cornwall EX23 8JE3
£392.5K05/210.46 mi2, Redwood Grove, Bude, Cornwall EX23 8EB3
£350K08/220.5 mi30, Valley Road, Bude, Cornwall EX23 8ER3
£300.1K09/210.51 mi48, Meadow Drive, Bude, Cornwall EX23 8HZ3
£267.5K06/210.51 mi32, Meadow Drive, Bude, Cornwall EX23 8HZ3
£400K11/200.51 mi18, Valley Road, Bude, Cornwall EX23 8ER3
£390K03/210.51 mi2, Arundel Terrace, Bude, Cornwall EX23 8LS3
£283K07/230.52 mi28, Woodfield Road, Bude, Cornwall EX23 8JB3
£450K04/210.52 mi12, Pickard Way, Bude, Cornwall EX23 8PE3
£345K09/220.52 mi4, Warwick Road, Bude, Cornwall EX23 8EU3
£339.9K04/210.53 mi1, Gurney Close, Bude, Cornwall EX23 8SH3
£425K12/220.53 mi6, Lynstone Road, Bude, Cornwall EX23 8LR3
£265K02/210.54 mi18, Monterey Close, Bude, Cornwall EX23 8DX3
£415K06/210.55 mi16, Trevella Road, Bude, Cornwall EX23 8NA3
£290K02/210.57 mi13, Fosters Way, Bude, Cornwall EX23 8HF3
£411.7K09/210.57 mi5, Elm Drive, Bude, Cornwall EX23 8EZ3
£275K10/200.59 mi33, Hollabury Road, Bude, Cornwall EX23 8JA3
£182.5K02/210.59 mi18, Hollabury Road, Bude, Cornwall EX23 8JA3
£437.5K01/230.59 mi16, Trevella Road, Bude, Cornwall EX23 8NA3
£550K05/210.59 miKiltransa, Poughill Road, Bude, Cornwall EX23 8NZ3
£465K09/210.59 miAmberwood, Poughill Road, Bude, Cornwall EX23 8NZ3
£350K11/200.6 mi53, East Fairholme Road, Bude, Cornwall EX23 8HU3
£300K04/210.6 mi65, Elizabeth Road, Bude, Cornwall EX23 8AS3
£250K10/200.61 mi29, Briar Road, Bude, Cornwall EX23 8PR3
£220K04/210.61 mi14, Briar Road, Bude, Cornwall EX23 8PR3
£250K12/220.62 mi27, Briar Road, Bude, Cornwall EX23 8PR3
£385K12/210.63 mi12, Melliars Way, Bude, Cornwall EX23 8HB3
£372.5K04/210.64 mi18, Hallett Way, Bude, Cornwall EX23 8PG3
£237.5K02/210.65 mi110, Elizabeth Road, Bude, Cornwall EX23 8AJ3
£362.5K04/230.66 mi3, The Rowans, Bude, Cornwall EX23 8PS3
£223K12/200.67 mi21, Berries Avenue, Bude, Cornwall EX23 8QE3
£220K03/210.69 mi11, Penfound Gardens, Bude, Cornwall EX23 8FF3
£285K04/210.74 mi39, Bede Haven Close, Bude, Cornwall EX23 8QF3
£285K01/210.74 mi43, Bede Haven Close, Bude, Cornwall EX23 8QF3
£435K07/230.76 mi18, Minster Avenue, Bude, Cornwall EX23 8RY3
£251K08/210.76 mi108, Berries Avenue, Bude, Cornwall EX23 8QP3
£250.5K04/210.82 mi29, Treleven Road, Bude, Cornwall EX23 8SA3
£425K08/210.85 mi97, Kings Hill, Bude, Cornwall EX23 8QL3
£563K03/230.85 miHome Park, Maer Lane, Bude, Cornwall EX23 9EE3
£360K06/210.85 mi12, Stapleton Road, Bude, Cornwall EX23 8TS3

Local Rents

18 rents from £850/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,09509/230.26 mi-3
£1,09509/230.26 mi-3
£1,25007/240.28 mi-3
£1,35004/240.34 miKillerton Road, Bude3
£1,09503/240.38 miOcean View Road, Bude3
£1,25003/240.49 miValley Road, Bude, Cornwall, EX233
£1,40005/240.6 miLynstone Road, Bude3
£1,35004/240.61 miPoughill Road3
£99511/230.69 mi-3
£99511/230.69 mi-3
£1,10003/240.74 miBede Haven Close, Bude, Cornwall, EX233
£1,29504/250.9 mi-3
£1,25005/240.9 miShearwater Drive, Bude3
£1,20004/241.02 mi-3
£1,20003/251.02 mi-3
£1,20005/241.08 miBude, Cornwall3
£1,25004/241.08 miBude, Cornwall3
£85003/241.1 miPoughill, Bude3

Local Area Statistics

Population in EX23

15,617

Town centre distance

0.47 miles away

Nearest school

0.40 miles away

Nearest train station

25.06 miles away

 

 

Rental growth (12m)

+6%

Sales demand

Buyer's market

Capital growth (5yrs)

+37%

Property History

Price changed to £250,000

March 20, 2025

Listed for £260,000

August 21, 2024

Floor Plans

Description

  • 3 BEDROOMS +
  • FIRST FLOOR APARTMENT +
  • SPACIOUS AND VERSITLE ACCOMODATION THROUGHTOUT +
  • FEW MINUTES WALK TO THE BEACHES, SEA POOL AND DOWNS +
  • PRIME TOWN CENTRE LOCATION +
  • GAS CENTRAL HEATING +
  • SHARE OF FREEHOLD +
  • EPC RATING +
  • COUNCIL TAX BAND +

A fantastic opportunity to acquire this spacious 3 bedroom first floor apartment enjoying a convenient and central location within the popular town being only a few minutes’ walk to the local beaches. The property comprises a kitchen, living room, 3 good sized bedrooms and family shower room. The residence benefiting from views across Bude golf course and gas fired central heating. EPC Rating D. Council Tax Band B.

The property enjoys a convenient and sought after central location within this popular coastal town set amidst the rugged North Cornish coastline being famed for its surfing, sea pool and many nearby areas of outstanding natural beauty and breath-taking clifftop coastal walks etc. Bude itself supports a comprehensive range of shopping, schooling, recreational facilities, bars, restaurants, golf course and leisure centre etc. Easy access to the Atlantic Highway with links further into Cornwall, being just 20 miles from Tintagel and 36 miles from Padstow. To the North of Bude has travel links to Devon as well as access links to Exeter, M5 and rail connections from Okehampton.

Directions
From our Bude office turn right towards the end of Queen Street and then left into Princes Street towards the Post Office. Upon reaching Belle Vue take the right hand turning along Morwenna Terrace whereupon Erdiston Court will be found within approximately 150 yards on the left hand side. The entrance to number 11 is to the rear of the property and flat 11 is located on the first floor.

Agent Details

Bond Oxborough Phillips, Bude

01288 355066

Next Steps?

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