# 2 bedroom apartment for sale (PL27 7AU) ## Property Details | Key | Value | |-----|-------| | Address | 8, TOWN QUAY, HARBOUR ROAD, WADEBRIDGE, CORNWALL PL27 7AU | | Price | £395,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | | Last sold | £385,000 Feb 2026 | ## Description A very well presented 2 double bedroom one en suite ground floor apartment situated in this superb riverside setting enjoying good views in the heart of Wadebridge town centre.  Leasehold.  Council Tax Band D.  EPC rating C.   8 Town Quay forms part of the sought after Town Quay development enjoying great views up and down the River Camel. Offering bright and spacious accommodation which is gas centrally heated throughout, this particular property is situated on the ground floor and has its own private balcony patio area off the kitchen/dining room and another off the main living room/master bedroom.   The property is considered ideal for those seeking town centre living in this superb riverside development of purpose built apartments. Located on the banks of the River Camel within the heart of the former market of Wadebridge, situated within an easy stroll of the shops, restaurants and amenities that the town has to offer.   The Accommodation comprises with all measurements being approximate:     Communal Entrance Door to the building to Entrance Hallway with further private door to Apartment 8 leading to   Entrance Hall Electric circuit breakers, door to   Inner Hall  Entryphone receiver, radiator. Built-in shelved airing cupboard with radiator.   Utility Room - 7' 9" x 5' 0" (2.36m x 1.52m) Radiator, space and plumbing for washing machine with shelf over, built-in shelved storage cupboard to side, cloaks hanging.   Lounge - 19' 8" x 11' 3" (5.99m x 3.43m) Radiator, window and French door leading on to the private patio area from which there are lovely views towards the Old Bridge and River Camel.   Kitchen/Dining Room - 16' 10" x 8' 5" (5.13m x 2.57m) Radiator, good range of built-in base and wall units including drawers, roll edged worktops with tiled surrounds, built-in electric oven, ceramic hob with stainless steel extractor hood over, single drainer sink unit with mixer tap, recess for dishwasher, fitted cupboard housing Worcester gas fired central heating/hot water boiler. UPVC double glazed sliding patio door leading on to the   Patio Area (Townside) - 8' 9" x 4' 7" (2.67m x 1.40m) Enjoying a lovely sunny aspect.   Wet Room White suite comprising low level W.C., wash hand basin, tiled shower area with Triton independent electric shower, extractor fan.   Bedroom 2 - 12' 0" x 8' 6" (3.66m x 2.59m) plus door recess Built-in wardrobe with hanging and shelving, window enjoying good views towards the River Camel, radiator.    Master Bedroom 1 - 10' 6" x 11' 3" (3.20m x 3.43m) not including wardrobes, en suite or door recess, Windows and fully glazed door to riverside elevation with the door leading on to the balcony. Built-in double wardrobe, radiator.    En Suite Bathroom White suite comprising panelled bath, shower attachment, low level W.C., wash hand basin, tiled surrounds, radiator, shaver point, extractor fan.   Outside  As mentioned this apartment has 2 patio areas, one being on the riverside and one being on the townside. There are communal bin/recycling storage areas externally.   Parking  Town Quay is accessed via a brick paved drive and has visitor parking together with an allocated parking space for No. 8 together with communal areas with mature trees and shrubs.   Lease Details We understand that the property was originally sold on a 200 year lease from the 1st February 2000 and that there is an annual service charge of £1410 per annum (for 2024/25) paid in 2 lots on the 1st March and 1st September. A management company known as Town Quay Wadebridge Ltd in which each leaseholder owns a share operates the committee to manage the freehold building, garden and other communal areas. The service charge also covers communal expenses such as buildings insurance, building maintenance, lift maintenance, external decorating, lighting and cleaning of the communal areas.   Agents Note You are not permitted to use these apartments for holiday letting purposes.   Services Mains electricity, gas, water and drainage are connected.   Please contact our Wadebridge Office for further details. ## Property Photos - ![Photo](/listings/photos/168045455/876669) - ![Photo](/listings/photos/168045455/876670) - ![Photo](/listings/photos/168045455/876671) - ![Photo](/listings/photos/168045455/876672) - ![Photo](/listings/photos/168045455/876673) - ![Photo](/listings/photos/168045455/876674) - ![Photo](/listings/photos/168045455/876675) - ![Photo](/listings/photos/168045455/876676) - ![Photo](/listings/photos/168045455/876677) - ![Photo](/listings/photos/168045455/876678) - ![Photo](/listings/photos/168045455/876679) - ![Photo](/listings/photos/168045455/876680) - ![Photo](/listings/photos/168045455/876681) - ![Photo](/listings/photos/168045455/876682) - ![Photo](/listings/photos/168045455/876683) - ![Photo](/listings/photos/168045455/876684) - ![Photo](/listings/photos/168045455/876685) ## Floorplans - ![Floorplan 1](/listings/photos/168045455/876686) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/168045455/876687) - EPC 1 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #16866629 - **Address:** 8 Town Quay, Harbour Road, PL27 7AU - **Certificate Issued:** 06/07/2025 - **Work Completed:** 17/06/2025 - **Items:** 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | TOWN QUAY 8 HARBOUR ROAD, WADEBRIDGE, CORNWALL, PL27 7AU | £385,000 | 13/02/2026 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | GLUVIAN HOUSE APARTMENT 1 GONVENA HILL, WADEBRIDGE, CORNWALL, PL27 6FT | £273,000 | 18/12/2025 | Flat | | HARBOUR HOUSE 2 HARBOUR ROAD, WADEBRIDGE, CORNWALL, PL27 7AH | £350,000 | 08/07/2025 | Flat | | TOWN QUAY 25 HARBOUR ROAD, WADEBRIDGE, CORNWALL, PL27 7AU | £265,000 | 20/02/2025 | Flat | | FLAT 2 FOUNDRY COURT, WADEBRIDGE, CORNWALL, PL27 7QN | £202,500 | 15/12/2023 | Flat | | 7 BRADFORDS QUAY, WADEBRIDGE, CORNWALL, PL27 6QQ | £330,000 | 08/09/2023 | Flat | | 10 FLAT MOLESWORTH COURT, WADEBRIDGE, CORNWALL, PL27 7QW | £73,500 | 11/08/2023 | Flat | | STABLE COURT FLAT 1 BRIDGE END, WADEBRIDGE, CORNWALL, PL27 6DA | £185,000 | 28/04/2023 | Flat | | 8 FLAT 2 MOLESWORTH STREET, WADEBRIDGE, CORNWALL, PL27 7DA | £126,000 | 31/01/2023 | Flat | | 12 MOLESWORTH COURT, WADEBRIDGE, CORNWALL, PL27 7QW | £68,250 | 27/01/2023 | Flat | | TOWN QUAY 27 HARBOUR ROAD, WADEBRIDGE, CORNWALL, PL27 7AU | £450,000 | 14/12/2022 | Flat | | STABLE COURT 7 BRIDGE END, WADEBRIDGE, CORNWALL, PL27 6DA | £130,000 | 30/11/2022 | Flat | | 14 BRADFORDS QUAY, WADEBRIDGE, CORNWALL, PL27 6QQ | £450,000 | 25/11/2022 | Flat | | TREBUR HOUSE FLAT 1 CHAPEL LANE, WADEBRIDGE, CORNWALL, PL27 7NJ | £612,000 | 22/11/2022 | Flat | | 60 BRADFORDS QUAY, WADEBRIDGE, CORNWALL, PL27 6QQ | £610,000 | 11/10/2022 | Flat | | 57 BRADFORDS QUAY, WADEBRIDGE, CORNWALL, PL27 6QQ | £375,000 | 11/10/2022 | Flat | | 14 MOLESWORTH COURT, WADEBRIDGE, CORNWALL, PL27 7QW | £84,000 | 30/08/2022 | Flat | | TOWN QUAY 17 HARBOUR ROAD, WADEBRIDGE, CORNWALL, PL27 7AU | £495,000 | 10/08/2022 | Flat | | 32A MOLESWORTH STREET, WADEBRIDGE, CORNWALL, PL27 7DP | £230,000 | 23/06/2022 | Flat | | 13 MOLESWORTH COURT, WADEBRIDGE, CORNWALL, PL27 7QW | £84,000 | 14/06/2022 | Flat | | TREBUR HOUSE FLAT 4 CHAPEL LANE, WADEBRIDGE, CORNWALL, PL27 7NJ | £205,000 | 13/06/2022 | Flat | **Area average:** £279,913 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £247,250 (8 Flat, PL27, 2024–2026) - **Deviation:** +59.8% ## Rental Range *ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £903/mo - **Realistic:** £1,003/mo - **Optimistic:** £1,103/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 | 0.09 miles | OpenRent | | 2 Bed Flat, Park Road, PL27 | £850/mo | 2 | 0.16 miles | OpenRent | **Average rent: £1,010/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.26% (weak for cashflow) - **Max investor price (0.8%):** £126,250 - **Target investor price (1%):** £101,000 *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 £1,010/mo).* - **Gross yield:** 3.1% - **Cost-to-rent:** 32.6× - **Monthly cashflow:** £-672/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -7% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 13.6% - **10y growth:** 14.1% ## House Price Index (HM Land Registry) *Official index for Cornwall; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -2.3% - **5y growth (index):** -2% - **10y growth (index):** 18.8% ## 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)