2-bedroom flat · EX23 9QY
For saleReduced £10k (−16.7%) on 15 OctListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold The property offers spacious accommodation comprising two double bedrooms, shower room and a spacious well-appointed kitchen / living area.
The property is being sold fully furnished and would make an ideal holiday property or investment purchase.
Accommodation Entrance via a uPVC obscure glazed door into: - Hallway Tiled flooring, stairs rise to the first floor.
Landing Window to the rear elevation, base units and shelving with a worktop above and fitted carpet.
Door into: - Kitchen/living room Open plan kitchen/living area enjoying a dual aspect with windows to the front and rear elevations boasting far-reaching countryside views.
A range of base and eye-level units with a work surface above and stainless steel inset sink with mixer tap and drainer with a tiled surround.
Ceramic hob with an oven below and space for a freestanding fridge/freezer. Space for a range of living room furniture.
Breakfast bar, laminate flooring, electric radiator and a loft hatch with spotlighting. Bedroom one Window to the rear elevation. Space for a double bed and a range of bedroom furniture.
Fitted carpet, electric radiator and spotlighting. Bedroom two Window to the front elevation. Space for a range of bedroom furniture, fitted carpet, electric radiator and spotlighting.
Shower room Three-piece suite comprising an electric shower with glass shower screen, a close coupled WC and vanity unit with inset sink.
Fully tiled walls, electric heated towel rail and laminate flooring with spotlighting.
Outside To the front of the cottage is a large level communal lawned garden along with a patio area ideal for a picnic and barbecue.
There is parking along Penstowe Road to the left and at the rear of the property. Services Electricity via prepaid meter, mains metered water.
Tenure Leasehold (Subject to a 90 Year Lease from March 1976).
Service charge & ground rent Service Charge – Approximately £413.22 (2025) Ground Rent – Approximately £2436.70 incl VAT (2025/26) EE rating D council tax band A WHAT3WORDS ///grabs.workloads.eyeful Viewings Please ring to view this property and check availability before incurring travel time/costs.
Full details of all our properties are available on our website .
EPC Rating: F Location Penstowe Park Holiday Village is situated on the fringe of the self-contained village of Kilkhampton which offers a comprehensive range of everyday amenities including post office, two village stores, butchers, food takeaway outlets, two public houses, places of worship, holiday and health resort and excellent primary school.
The A39 runs through the village providing excellent road access north to the larger towns of Bideford and Barnstaple.
Barnstaple offers modern shopping stores, theatre, hospital, technical college and access via the North Devon link road to the M5.
The coastal town of Bude is located approximately four miles to the south and offers a wide range of shopping, banking and schooling facilities as well as a range of leisure pursuits including swimming pool, tennis courts, golf course and sandy beaches.
Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
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
FAQ
About 3 Penhalt, Bude
Explore nearby