4 Bed Detached House, Single Let, Bude, EX23 8QL, £625,000

67 Kings Hill, Bude, Cornwall, EX23 8QL - 2 views - 6 months ago

Sold STC
BTL
~159 m²
+12 photos

ValuationOvervalued

Sold Prices£262.5K - £795K
Sold Prices/m²£2.4K/m² - £5.1K/m²

 

 

Square Metres

~159.43 m²
Price/m²£3.9K/m²

Value Estimate

£523,675

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£38,700

Total Cash In

£194,950

 

 

Cash Out

 

Rent Range

£995 - £1,585

Rent Estimate

£1,095

Running Costs/mo

£2,192

Cashflow/mo

£-1,097

Cashflow/yr

£-13,165

Gross Yield

2%

Local Sold Prices

20 sold prices from £262.5K to £795K, average is £430K. £2.4K/m² to £5.1K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£450K03/210.09 mi108, Kings Hill, Bude, Cornwall EX23 8QL4
£476K05/230.14 mi18, Stapleton Road, Bude, Cornwall EX23 8TS4
£345K04/210.14 mi2, The Rowans, Bude, Cornwall EX23 8PS4
£262.5K06/210.24 mi7, Binhamy Close, Bude, Cornwall EX23 8RX4
£425K02/230.31 mi11, Valley Road, Bude, Cornwall EX23 8EP4
£420K03/210.32 mi25, Valley Road, Bude, Cornwall EX23 8ER4
£372K01/210.32 mi16, Valley Road, Bude, Cornwall EX23 8ER4
£435K04/230.4 mi65, Valley Road, Bude, Cornwall EX23 8ES4
£379.5K01/230.44 mi74, Valley Road, Bude, Cornwall EX23 8ES4
£595K12/220.45 mi18, Killerton Road, Bude, Cornwall EX23 8EL4
£500K09/210.5 mi1, Lynstone Cottages, Lynstone, Bude, Cornwall EX23 0LW4
£273K02/210.5 mi3, Fairfield Road, Bude, Cornwall EX23 8DH4
£450K11/200.59 mi10, Strafford Close, Lynstone, Bude, Cornwall EX23 0RD4
£379.9K03/210.62 mi8, Wentworth Close, Lynstone, Bude, Cornwall EX23 0RA4
£425K02/210.87 mi41, Meadow Drive, Bude, Cornwall EX23 8HZ4
£472K10/200.87 mi2, Meadow Drive, Bude, Cornwall EX23 8HZ4
£575K07/230.9 mi8, William Edwards Close, Bude, Cornwall EX23 8JE4
£795K08/230.93 mi17, Flexbury Park Road, Bude, Cornwall EX23 8HR4
£600K04/210.96 mi24, West Fairholme Road, Bude, Cornwall EX23 8JD4
£330K06/220.97 mi4, Hillhead, Stratton, Bude, Cornwall EX23 9AL4

Local Rents

21 rents from £995/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10003/240.05 miBede Haven Close, Bude, Cornwall, EX233
£1,25003/240.3 miValley Road, Bude, Cornwall, EX233
£1,40005/240.42 miLynstone Road, Bude3
£1,35004/240.44 miKillerton Road, Bude3
£1,25005/240.48 miShearwater Drive, Bude3
£1,29504/250.49 mi-3
£99511/230.55 mi-3
£99511/230.55 mi-3
£1,25004/240.59 miBude, Cornwall3
£1,58510/230.67 mi-4
£1,58510/230.67 mi-4
£1,58509/240.67 mi-4
£1,20004/240.69 mi-3
£1,20003/250.69 mi-3
£1,20005/240.83 miBude, Cornwall3
£1,09509/231.02 mi-3
£1,09509/231.02 mi-3
£1,25007/241.05 mi-3
£1,19503/241.12 miBridge Street, Stratton4
£1,09503/241.13 miOcean View Road, Bude3
£1,35004/241.16 miPoughill Road3

Local Area Statistics

Population in EX23

15,617

Town centre distance

0.71 miles away

Nearest school

0.30 miles away

Nearest train station

24.52 miles away

 

 

Rental growth (12m)

+6%

Sales demand

Buyer's market

Capital growth (5yrs)

+37%

Property History

Listed for £625,000

October 18, 2024

Floor Plans

Description

  • 4 BEDROOMS ( 1 ENSUITE) +
  • SPACIOUS AND VERSATILE ACCOMMODATION +
  • DETACHED FAMILY HOME +
  • SOUGHT AFTER RESIDENTIAL AREA +
  • WALKING DISTANCE OF TOWN, CANAL AND LOCAL BEACHES +
  • WELL PRESENTED THROUGHOUT +
  • GENEROUS GARDENS +
  • GARAGE +
  • EXTENSIVE OFF ROAD PARKING +

An opportunity to acquire this deceptively spacious, well presented 4 bedroom (1 ensuite), detached family residence occupying a generous sized plot within walking distance of the town, canal and local beaches. The property offers versatile and spacious accommodation throughout with generous enclosed gardens. Entrance driveway providing extensive off road parking and access to garage. Virtual tour available upon request. EPC rating C. Council Tax Band E.

The property enjoys a convenient situation lying only a short walk from the canal with the popular Electric Bakery lying en route and approximately a 15 minute walk from the beach and the centre of this popular coastal town. Bude supports a comprehensive range of shopping, schooling and recreational facilities, together with its 18 hole links golf course and fully equipped leisure centre etc. Bude itself lies amidst the rugged North Cornish Coastline famed for its many nearby areas of outstanding natural beauty and popular bathing beaches providing a whole host of water sports and leisure activities together with many breath taking cliff top coastal walks etc. The bustling market town of Holsworthy lies some 10 miles inland, whilst the A39 North Devon Link Road provides convenient access to Barnstaple, Tiverton and the M5 motorway. The town of Okehampton lying on the fringes of Dartmoor National Park is some 30 miles and the A30 provides a link to the City of Exeter with its airport, Intercity Railway Networks and motorway links etc.

Directions
Heading out of Bude along The Strand continue to the mini roundabout, turning left along Bencoolen Road and turn right into Kings Hill opposite the petrol station, follow the road up the hill whereupon the driveway to number 67 will be found after a short distance on the left side with a Bond Oxborough Phillips for sale board clearly displayed.

Agent Details

Bond Oxborough Phillips, Bude

01288 355066

Next Steps?

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