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See how verdicts work3-bedroom semi-detached house · EX39 3FN
Sold STCListed 487 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Deer Park estate in Westward Ho!, this beautifully presented three Bedroom semi-detached home offers a rare opportunity to acquire a 40% share, making it an ideal first time buy or an affordable step up the property ladder.
The property enjoys a peaceful location with driveway parking to the side and the added benefit of an EV charger.
One of the standout features is the generous rear garden, fully enclosed and thoughtfully landscaped with a mix of level lawn, low-maintenance gravel pathways, established bedding areas and not one but two patio seating areas along with a decked space - perfect for alfresco dining, relaxing or letting children play in safety.
A high quality garden shed is also included, and there is gated access leading out to the driveway.
Inside, the spacious Living Room features French doors opening onto the garden, while the well-equipped Kitchen / Diner is ideal for family living and entertaining, with a built-in oven and hob, an integrated dishwasher and space for a fridge, freezer and washing machine.
This room also has French doors to the garden and houses the gas fired combination boiler in a convenient cabinet. A handy Cloakroom completes the ground floor.
Upstairs you’ll find three Bedrooms (including a Main Bedroom with its own En-suite). The remaining two Bedrooms are served by a modern Family Bathroom.
The freestanding wardrobes in Bedrooms 1 and 2 are included in the sale. With early interest expected, we highly recommend arranging a viewing without delay. Westward Ho!
Is a village, lying north of Bideford and west of Appledore.
There are many country walks around the village and the outlying areas, including the popular Northam Burrows, Appledore Quay and the nearby Westward Ho! Beach.
Originally called Bideford Quay, it was named Westward Ho! After Charles Kingsley’s book of the same name. Nowadays, it’s a bold mix of the old and the modern.
It’s a popular spot with families that return year on year. Surfers and horse riders love the long sandy beach. Local amenities include newsagents, mini supermarkets, take-aways and a post office.
There’s also a primary school, health and dental centre and a number of churches in the area. Northam also has a decent public swimming pool and gym too.
You’ll never be short of places to eat and drink with Appledore, Bideford and Abbotsham on your doorstep with their cornucopia of restaurants and pubs.
It’s within short driving distance of the Atlantic Highway (A39) that is the main feeder route across the region leading to Wadebridge in Cornwall to the south-west and to the M5 by Tiverton in the east.
A bus service provides access to North Devon’s ‘capital’, Barnstaple. Bus users can also reach Bideford, Braunton, Croyde and Ilfracombe.
Directions From Bideford Quay proceed towards Northam passing Morrisons Supermarket on your right hand side. Upon reaching the Heywood Road roundabout, turn left onto the A39.
Take the first right hand turning signposted Westward Ho! Continue along this road for approximately 0.5 miles taking the left hand turning into Taylor Crescent.
Follow the road around until you reach the turning into Graham Way. Number 3 will be identifiable with a numberplate.
Important Information The full value of the property is £275,000 The share for sale is 40% and the share value is £110,000 The remaining share (60%) will be retained by Heylo There are staircasing rights to increase the percentage of ownership up to a potential maximum of 100% A higher % share of the property can be bought initially beyond the 40% Length of lease - 125 years from and including 3rd June 2019 Rent (pcm) - £511.29 Service Charge (pcm) - £16.25 Total = £527.54 Eligibility Key criteria; • Buyers must be at least 18 years old • Buyers must have a total household income under £80,000 (£90,000 in London) • Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information) • Buyers are expected to use any savings and assets towards the purchase of their home.
This may mean selling assets such as bonds, shares, land and any other financial investments • Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment • Self-employed buyers must be able to provide 2-years evidence of their income • Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator • Household minimum income must be above £12,000 • Buyers must have good credit history and must not have the following (for more information on acceptable credit for Home Reach please refer to (truncated)
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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FAQ
About 3, Graham Way, Bideford
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