# 2 bedroom character property for sale (PL27 6DA) ## Property Details | Key | Value | |-----|-------| | Address | THE OLD MALTHOUSE, BRIDGE END, WADEBRIDGE, CORNWALL PL27 6DA | | Price | £250,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1967-1975 | | Floor area | 102 m² | | Last sold | £240,000 Jan 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Current heating cost:** £1,924/year - **Est. upgrade cost to C:** £11,175 ### Recommendations - A2 (£850 - £1,500) - B (£500 - £1,500) - Q (£4,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2811-1217-1115-3193-1121) ## Description The Property *****This Is A Wonderful Opportunity to purchase this Absolutely Fabulous Two Bedroom Character Property With An Abundance of Features And Charm - The Property Has A Wonderful Feeling Of Space With An Impressive Open Living Room - This Property Also Benefits From Off Road Parking and Is Situated In A Prime Location Being Within Minutes Walk Across The Bridge And In To The Fabulous Town Of Wadebridge - Don't Miss Out On This Super Property In The Current Strong Market***** Please Open the Super Interactive Floorplan to See the Fabulous Space This Property Offers Location The Old Malthouse is superbly located within easy walking distance over the bridge of the town centre of Wadebridge. A thriving town on the river Camel, with a wealth of history, Wadebridge has a fantastic and varied range of amenities and independent retail shops, schools, sports centre, cinema and the home of the Camel Trail, Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. ## Property Photos - ![Front](/listings/photos/126138617/630422) - Front - ![Photo](/listings/photos/126138617/630423) - ![Living Area](/listings/photos/126138617/630424) - Living Area - ![Living Area](/listings/photos/126138617/630425) - Living Area - ![Kitchen](/listings/photos/126138617/630426) - Kitchen - ![Photo](/listings/photos/126138617/630427) - ![Kitchen](/listings/photos/126138617/630428) - Kitchen - ![Photo](/listings/photos/126138617/630429) - ![Bedroom](/listings/photos/126138617/630430) - Bedroom - ![Bedroom](/listings/photos/126138617/630431) - Bedroom - ![Bedroom](/listings/photos/126138617/630432) - Bedroom - ![Bathroom](/listings/photos/126138617/630433) - Bathroom - ![Bathroom](/listings/photos/126138617/630434) - Bathroom - ![Photo](/listings/photos/126138617/630435) - ![Sun Terrace](/listings/photos/126138617/630436) - Sun Terrace - ![Photo](/listings/photos/126138617/630437) ## Floorplans - ![Floorplan 1](/listings/photos/126138617/630438) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/126138617/630439) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | THE OLD MALTHOUSE BRIDGE END, WADEBRIDGE, CORNWALL, PL27 6DA | £240,000 | 19/01/2024 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] STABLE COURT FLAT 1 BRIDGE END, WADEBRIDGE, CORNWALL, PL27 6DA | £185,000 | 28/04/2023 | Flat | | [Same street] STABLE COURT 7 BRIDGE END, WADEBRIDGE, CORNWALL, PL27 6DA | £130,000 | 30/11/2022 | Flat | | 3 CHURCH VIEW MEWS, ST ISSEY, WADEBRIDGE, CORNWALL, PL27 7DF | £450,000 | 27/09/2022 | Other | | 4 CHURCH VIEW MEWS, ST ISSEY, WADEBRIDGE, CORNWALL, PL27 7DF | £150,000 | 27/09/2022 | Other | | 3 POLMORLA ROAD, WADEBRIDGE, CORNWALL, PL27 7ND | £100,000 | 04/04/2022 | Other | | ACORN ANTIQUES EDDYSTONE ROAD, WADEBRIDGE, CORNWALL, PL27 7AL | £4,676,056 | 16/12/2021 | Other | | [Same street] CRINKS BRIDGE END, WADEBRIDGE, CORNWALL, PL27 6DA | £221,500 | 30/09/2021 | Flat | | BURGESS BUILDING UNIT 4 EDDYSTONE ROAD, WADEBRIDGE, CORNWALL, PL27 7AL | £355,000 | 02/09/2021 | Other | | 2 ORCHARD WALK, WADEBRIDGE, CORNWALL, PL27 7DJ | £27,700 | 30/07/2021 | Other | | 1 CYGNETS EGLOSHAYLE ROAD, WADEBRIDGE, CORNWALL, PL27 6BX | £220,000 | 16/07/2021 | Other | **Street average:** £178,833 (3 sales) **Area average:** £854,108 (7 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £1,217,500 (6 Other, PL27, 2024–2026) - **Deviation:** -79.5% ## Rental Range *ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £902/mo - **Realistic:** £1,002/mo - **Optimistic:** £1,102/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Bradfords Quay, PL27 | £1,170/mo | 2 | 0.07 miles | OpenRent | | 2 Bed Flat, Park Road, PL27 | £850/mo | 2 | 0.25 miles | OpenRent | | 2 Bed Flat, Molesworth Street, PL27 | £850/mo | 2 | 0.28 miles | OpenRent | **Average rent: £957/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.34% (weak for cashflow) - **Max investor price (0.8%):** £106,250 - **Target investor price (1%):** £85,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £850/mo).* - **Gross yield:** 4.1% - **Cost-to-rent:** 24.5× - **Monthly cashflow:** £-245/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,451/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -55.1% - **10y growth:** 150% ## House Price Index (HM Land Registry) *Official index for Cornwall; All dwelling types series; as of March 2026.* - **1y growth (index):** -2.4% - **5y growth (index):** 9.1% - **10y growth (index):** 33.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)