9-bedroom terraced house · EX35 6BP
For saleListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned along the ever-popular Lee Road in the sought-after village of Lynton, this substantial and immaculately presented nine-bedroom guest house offers a rare opportunity to acquire a thriving hospitality business in a picturesque coastal setting.
Just a short stroll from the heart of the village and within easy reach of the renowned South West Coast Path, the property enjoys an enviable location that continues to attract visitors year-round.
The ground floor accommodation has been thoughtfully arranged to cater for both guests and owners alike.
To the front of the property, a welcoming sitting room is bathed in natural light courtesy of an attractive bay window, creating a warm and inviting first impression.
Beyond, a generously proportioned dining room extends across much of the property, providing ample space for guest dining and social gatherings.
The kitchen is well-appointed and of a comfortable size, ideal for the smooth running of a guest house operation. A separate utility room offers practical space for laundry and day-to-day tasks.
Completing the ground floor is a private lounge reserved for the owners, affording a welcome retreat away from the main business areas.
Ascending to the first floor, there are four well-presented guest bedrooms, each benefiting from its own en-suite shower room.
The layout is both practical and appealing, with two rooms enjoying rear-facing aspects, one of these rooms, which is bedroom 5, is the sleeping quarters for the current owners.
Bedroom four is positioned centrally, and bedrooms one and two overlook the front elevation, all finished to a high standard and designed with guest comfort in mind.
The second floor hosts a further four guest bedrooms, each equally well-appointed and featuring en-suite facilities with bathtubs and overhead showers, offering a slightly more indulgent accommodation option.
Throughout the property, there is a clear sense of care and attention, with the current owners having maintained and updated the interiors to an exceptional standard, resulting in a turnkey business opportunity.
Externally, the property boasts attractive frontage with a pleasant garden area, while to the rear there are additional gardens providing further outdoor space for guests to enjoy.
Of particular note is the ample parking provision at the rear, a valuable asset for a property of this nature, comfortably accommodating multiple vehicles.
The business operates on a seasonal basis between March and the end of October, and by choice trades just below the VAT threshold.
There is clear potential for incoming owners to extend the opening period and further increase turnover if desired, including the fact the current owners do not offer the option for evening meals currently.
Room tariffs currently range between £120.00 to £145.00 per night on a bed and breakfast basis.
Audited accounts will be made available to genuinely interested parties following an inspection of the premises, with the vendors’ consent.
Our clients have been in residence since 2018 and have maintained the property to a good standard, with the guest accommodation tastefully decorated throughout.
An internal inspection is highly recommended to fully appreciate the scale and quality of the accommodation on offer.
Set within one of North Devon’s most charming coastal villages, this impressive guest house combines generous accommodation, excellent presentation, and a prime location, making it an outstanding proposition for those seeking a lifestyle business in a truly delightful setting.
Leave Barnstaple on the A361 passing the North Devon District Hospital and follow the road signs for Lynton.
At Blackmoor Gate turn right and immediately left onto the A39 signposted Lynton and continue into Barbrook taking the left hand turning signposted to Lynton.
Take the first left hand turning to Lynton up Station Hill, drop down into Lynton bearing to the left onto Cross Mead.
At the T junction turn right into Lee Road and you will find the property halfway down the road on your left hand side.
Owners Entrance Owners Lounge 3.63m x 3.6m Main Entrance Hall Sitting Room 3.63m x 3.53m Dining Room 5.54m x 3.38m Kitchen 1 3.38m x 2.82m Kitchen 2 2.95m x 2.72m Store 2.2m x 1.5m Utility Room 3.6m x 3.05m First Floor Landing Bedroom 1 4.6m max x 3.66m max En Suite Shower Room Bedroom 2 4.75m max x 3.68m max En Suite Shower Room Bedroom 3 5.23m x 2.82m En Suite Shower Room Bedroom 4 4.6m x 4.06m En Suite Shower Room Bedroom 5 (owners) 5.18m x 3.05m En Suite Shower Room (owners) Second Floor Landing Bedroom 6 4.72m x 4.7m En Suite Bathroom Bedroom 7 3.63m x 2.36m En Suite Bathroom Bedroom 8 4.6m max x 4.1m max En Suite Bathroom Bedroom 9 3.63m x 2.9m En Suite Bathroom Tenure Freehold Services Mains electricity, water and drainage.
Oil fired central heating Viewing Strictly by appointment with the sole selling agent Business Rates Rateable Value £6,900 UBR, as of April 2026, 47.9p in the £.
Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Lee Road, Lynton, Devon, EX35
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