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Glen Road, Wadebridge

South West

£345,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1335 sqft

Description

This terraced house presents a unique opportunity for renovation and investment, just a short stroll away from the vibrant town centre of Wadebridge. With four bedrooms and a wealth of original character, this property is ready for someone to infuse it with modern updates while retaining its historical charm. Upon entering, you are greeted by a spacious open-plan lounge, dining area, and kitchen that embodies the home’s potential. Key features include an AGA in the dining room—currently disconnected but offering retro appeal—and a log burner that adds warmth and atmosphere. The original Victorian/Edwardian floor tiles lend authenticity to the space, creating a foundation for creative upgrades. A separate utility room and a convenient downstairs toilet enhance practicality on this level. The first floor hosts three well-proportioned bedrooms filled with natural light, providing generous space for family living or guest accommodations. An additional loft bedroom expands the living area significantly, making it ideal for various uses such as an office or studio. The large Velux window allows for outstanding views and ample illumination while the potential for converting part of the loft into an en-suite bathroom adds further value. The rear garden is tiered over several levels, catering perfectly to gardening enthusiasts or those desiring a tranquil outdoor escape. Beyond the garden lies a spacious double garage with electricity access and adequate storage options—an asset in urban settings where parking can be at a premium. Situated in an increasingly desirable area close to local amenities, this property holds significant investment potential. With thoughtful modernization, it could transform into a highly sought-after residence that harmonizes modern comfort with classic aesthetics. This home invites you to envision its future possibilities while enjoying its historical legacy.

Investment Analysis

(PL27 area)

Below Market Value

This property is priced -34.7% below area average per sq ft

-34.7%
Potential saving
This Property
£258/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£268
Avg Yield
2.5%

Renovation Potential

Est. Renovation Cost
£34,500 - £86,250
10-25% of property value
Target Value
£581,012
10% above area average per sq ft
Potential ROI
+34.7%
After renovation
Monthly Sales
9
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PL27)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 1.5%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on PL27 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Glen Road, Wadebridge
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