We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX34 8FG
For saleReduced £4k (−3.3%) on 27 OctListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 3 Atlantic Court is centrally located in a convenient position just yards away from Ilfracombe High Street and a short distance from the seafront and picturesque harbour.
This modern ground floor apartment has completely level access making it ideal for elderly or disabled occupants.
The property equally could provide a good first time purchase or possibly a buy to let property and comes with its own allocated parking space in front of the building.
Residents also have the benefit of communal gardens to the rear which comprises of a pleasant courtyard and decked sitting area.
Atlantic Court is a modern development and benefits from modern conveniences including telephone entry system, gas central heating via radiators and double glazed windows.
Outside and to the front there are allocated parking spaces for the apartments with apartment 3 benefitting from a parking space which is on the right hand side.
Agents note The property is leasehold with the balance of an original 999 year lease which commenced in 2009.
The freehold is vested in the Management Company which is made up of the 12 apartment owners with each apartment holding a 1/12th share.
The service charge which includes maintenance of the communal and external areas and the building insurance currently amounts to £184,53p per month.
There are no restrictions on holiday or assured shorthold letting and pets are allowed within the building with consent from the Management Company.
Applicants are advised to proceed from our offices in an easterly direction taking the first left hand turn into Northfield Road.
Proceed down the hill and Atlantic Court will be found on the left hand side. Entrance Hall Kitchen/Diner/Living Room (4.47m x 4.7m) Bedroom (3.84m x 3.38m) En-Suite (1.83m x 2.29m) Communal Garden
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
.png)
FAQ
About Apartment 3,, Atlantic Court, Ilfracombe
Explore nearby