2-bedroom terraced house · EX36 3BU
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description About the property 6 Elysian Court is a conveniently positioned and spacious two double bedroomed house constructed in the late 1980's.
The property has been significantly renovated by the current vendors to a high standard throughout affording well presented accommodation ready to occupy.
Located to the rear is an allocated off road parking space which is accessed via North Street and a small low maintenance courtyard garden with a further garden area to the front.
It is thought that the property would make an ideal investment/buy to let purchase or first time buy.
We understand that the property carries the remainder of a 900 year lease which was granted in 1998.
The accommodation briefly comprises, on the ground Floor; living room opening kitchen/dining room with door to rear courtyard and two bedrooms with well appointed shower room on the first floor.
This home benefits from double glazing and a modern gas fired central heating system. For layout and approximate room measurements please see the enclosed floorplan. Virtual Tour Available.
The area Elysian Court is ideally located just off the town centre.
South Molton itself offers an excellent range of everyday services including shops, schools and restaurants, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital.
The town also enjoys a traditional country pannier market twice weekly. Services & outgoings The property is connected to all mains services.
North Devon Council - Band C Approx £2326 EPC Rating - E 52/87 (Prior to improvements) Tenure - Leasehold carrying the balance of a 900 year lease which was granted in 1985.
Internet & Mobile - Visit ofcom Charges - we understand the current charge £850 per year, reviewed annually and includes buildings insurance.
Directions From the square in South Molton, head east into East Street. Keeping to the left, continue for approx.
100m and turn left just after the Medical Centre into Elysian Court where no 6 will be found straight ahead of you.
Digital media links What3Words Location - ///gateway.refer.bats Virtual tour available important notice These sale particulars have been prepared as a general guide.
They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings.
Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property.
To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.
A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase.
We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.
Copyright © 2026 michael adey property Council Tax Band: C (North Devon Council) Tenure: Leasehold (861 years) Service Charge: £850 per year
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.
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About 6, Elysian Court, South Molton
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