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See how verdicts work7-bedroom house · EX39 3PL
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gresham Court is an impressive former 1890’s Victorian gentleman’s residence with over an acre of well tended south facing gardens.
The main house currently has two bedrooms and there are 5 one bedroom flats, which could be reconfigured to provide a larger family home, subject to planning consent, to provide a versatile, multi generational home.
The approach to the house is via a private driveway, the main house has parking for numerous cars and each flat has its own allocated parking space.
Within the extensive gardens is a tennis court and croquet lawn. The house has been a much loved family home for the last 38 years, which could now benefit from some new energy.
Gresham Court is located on the edge of the village of Northam which benefits from a good range of shops catering for day to day needs, library, Junior School, Health and Dental Centre, Leisure Centre and the Burrows Country Park offers many attractive walks and stunning vistas together with Visitor's Centre.
Northam is situated between Appledore, famous for its pretty winding streets and Quayside overlooking the Estuary across to Instow, with its restaurants and public houses and Westward Ho!, with its long sandy beaches and championship Golf Course.
A regular bus service provides access to the port and market town of Bideford, approximately 2 miles distant with a wider range of supermarkets (5) and shops etc.
Schools: Kingsley (Day & Boarding) Within 1 mile West Buckland (Day & Boarding) 28 miles – Daily Bus Bideford College Within 1 mile
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 Northam, Bideford
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