3-bedroom flat · EX39 5XT
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Morris and Bott are delighted to offer this easy to run three bedroom first floor apartment occupying a convenient position with easy access to nearby facilities along with a view towards the River Torridge.
Briefly comprising an open-plan kitchen/lounge/diner, 3 bedrooms one with ensuite and a family bathroom, the property also offers dedicated off-road parking and is considered the ideal first home, buy to let investment or property to downsize.
Entrance Hall Welcomes you into the home and offers two handy storage cupboards.
Lounge (15' 5" x 11' 5" (49'2"' 16'4"" x 36'1"' 16'4"" )) Delightful dual aspect lounge benefitting from French doors which lead to a Juliet balcony and boast far reaching estuary views.
Kitchen (10' 0" x 8' 5" (32'9"' 0'0"" x 26'2"' 16'4"" )) Fitted with matching hand and eye level units, with oven, gas hob and extractor hood.
Undercounter plumbing for white goods and space for fridge-freezer. Bedroom 1 (11' 5" x 9' 2") Good sized double bedroom with handy built in wardrobes.
Ensuite (7' 9" x 4' 9") Comprising of a shower cubicle, low level WC and wash hand basin. Bedroom 2 (10' 10" x 8' 11") A further double bedroom with a single door leading to the Juliet balcony.
Bedroom 3 (8' 4" x 6' 9") A good size single bedroom currently being used as a dressing room.
Outside With a dedicated parking space and visitors space for guests to the front on the apartment block, also benefitting from communal gardens which are laid to lawn.
Lease Balance of an original 125 year Lease.
Ground Rent - £100.00 per annum, Maintenance Charge - around £1650.00 per annum to include external redecoration, maintenance of the communal gardens and Hallway, window cleaning and buildings insurance Services All main services connected, gas central heating.
Viewings Viewings by appointment only through Morris and Bott, Grenville Wharf, 6a The Quay, Bideford, EX39 2HW.
Tel: Income Potential Morris and Bott believe that this property is suitable for the rental market.
We would suggest that within the current market, a rent of approximately £825-£850pcm should be achievable.
If you have any questions regarding this then please feel free to contact the Lettings Team on where they would be delighted to deal with your enquiry.
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
Agent & docs
FAQ
About 19, Marlen Court, Bideford
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