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See how verdicts work2-bedroom flat · EX34 8FE
For saleListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this landmark building and one of the most commanding coastal locations within Ilfracombe is this Immaculate 2 bedroom 2 bathroom apartment.
Granville Point is a landmark detached building originally opened as a temperance Hotel in 1891.
Its imposing architecture designed on the principal of a French Chateau dominates the sea front sky line.
Granville Point boasts 14 luxury apartments, each individually designed and beautifully appointed.
Apartment 3 is on the first floor and comes with 2 balconies giving views towards Capstone, Hillsborough and across the towns gardens towards the harbour area.
The apartment has a spacious hallway with storage cupboards and doors leading off.
The lounge has a bay with doors out to both of the balconies, from the lounge an opening leads through to a kitchen with integrated appliances and giving enough space for a dining table.
Both bedrooms are of a good size with bedroom one benefiting from en suite shower room and door out to the second balcony. The accommodation is completed with a separate bathroom.
This property is being sold with the added advantage of no onward chain. Agents Note: The property is leasehold with the balance of an original 999 year lease which commenced in 2008.
The freehold is vested within the Management Company, Granville Point Management Ltd with each apartment owner holding a 1/14th share.
The service charge is approximately £2700 per annum This includes maintenance and upkeep of the common and external areas, maintenance, servicing and surveillance of the communal boiler, lift, common lighting etc, and buildings insurance.
Holiday and assured short hold letting is permitted and pets are allowed at the discretion of the Management Company.
Council Tax Band 'C' Ilfracombe town offers a variety of independent shops along with larger supermarkets both in and out of town including Lidl, Tesco and Co-Op with further shops, art galleries, restaurants and bars within the area.
The picturesque seafront and harbour area is where the renowned artist Damien Hirst influence can be found along with his 60’ ‘Verity’ statue at the harbour entrance.
In addition is the exciting new water hub and café making the harbour area a hive of activity.
North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers.
The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with the Australia’s Golden Coast and Malibu in California.
In addition Exmoor National Park offers breath taking scenery with miles and miles of walks.
Barnstaple, North Devon’s main trading centre is approximately 12 miles away with many of the big name shops and rail link to the intercity network at Tiverton. Ready to take the next step?
Whether your home is on the market, or you’re just thinking about selling, now or in the future, and you’d just like some advice, we’d love to help!
Andrew Carr Sales Nicola Draper Lettings Lounge 5.03m x 4.27m Kitchen 3.2m x 4.06m Bedroom 1 3.05m x 3.05m En-Suite 2.41m x 1.93m Bedroom 2 3m x 2.8m Bathroom 2.95m x 1.57m Balcony 1 6.1m x 1.22m Balcony 2 4.57m x 1.22m
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Granville Point, Granville Road, Ilfracombe, North Devon, EX34
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