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See how verdicts work2-bedroom flat · EX39 1BJ
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying an elevated position just off the ever-popular Bay View Road, Flat 1, Highborough House is a tastefully presented ground floor apartment set within an attractive and substantial Victorian building comprising five flats, each benefiting from a share of the freehold.
The apartment offers well-maintained and versatile accommodation, with the flexibility to be occupied as either a one or two-bedroom property to suit individual requirements.
The current vendors utilise the larger of the two bedrooms as an additional sitting room, creating a comfortable alternative living space.
Ideally positioned within easy reach of the village amenities of Northam and Westward Ho!, the property is also conveniently situated close to the South West Coast Path and the renowned sandy beach at Westward Ho!, making it an appealing prospect for those seeking a home in this popular coastal location.
The accommodation is accessed via its own private entrance and opens into a light and airy living room.
The galley-style kitchen is fitted with a range of base and eye-level units, work surfaces, an integrated oven and hob, together with space for a fridge freezer and washing machine.
The larger of the two bedrooms is a particularly generous room, featuring an impressive bay window which allows plenty of natural light to flood the space, an attractive feature fireplace and built-in storage.
Currently utilised as a second sitting room by the vendors, it offers excellent flexibility, while the second bedroom is also a double, providing comfortable sleeping accommodation.
The stylish shower room has been tastefully updated and features a large walk-in shower enclosure, creating a bright and modern space.
Externally, the property benefits from an allocated parking space, additional visitor parking and access to well-maintained communal gardens.
Further benefits include an approximately 962-year lease (999 years granted in 1989), a 1/5 share of the freehold and an annual service charge of £1440 (paid monthly).
NB: The property may be used as a second home but is not permitted to be used for holiday letting purposes. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Bay View Road, Northam
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