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See how verdicts work2-bedroom flat · EX34 8FG
For saleReduced £5k (−4%) on 7 OctListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Atlantic Court, Northfield Road, Ilfracombe, Devon, Ex34 8Fg An excellent opportunity to acquire this fantastic two bedroom apartment within the purpose built Atlantic Court development, situated on Northfield Road in the popular North Devon coastal town of Ilfracombe.
The property provides well proportioned accommodation comprising two bedrooms, one bathroom and one reception room.
The purpose built development provides a convenient residential setting, while the property's location allows easy access to the amenities, coastline and attractions for which Ilfracombe is renowned.
Ilfracombe is a popular and well established coastal town on the North Devon coast, famous for its picturesque harbour, dramatic coastline and attractive combination of traditional streets, independent shops, cafés, restaurants and leisure facilities.
The town provides excellent access to coastal walks, beaches and the wider North Devon countryside, with Ilfracombe Harbour and the seafront forming major focal points for both residents and visitors.
The town is also benefiting from ongoing regeneration and investment, with the Ilfracombe Regeneration Board overseeing projects designed to improve the town's prosperity, environment and overall wellbeing.
Regeneration priorities include improvements to the town centre and harbour, housing, economic development and initiatives designed to encourage further private-sector investment.
Wider investment across Devon and North Devon includes housing and regeneration schemes aimed at bringing underused buildings back into productive use, alongside projects associated with Ilfracombe Harbour, South Quay, harbour infrastructure, watersports facilities, Larkstone Cove and the Ilfracombe Healthy Homes programme.
Financial Breakdown Gross Rent: £9,000.00 Net income: £7,368.00 Gross yield: 6.92% Net yield: 5.67% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08624
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Flat 1 Atlantic Court,, Northfield Road, Devon
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