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See how verdicts work4-bedroom detached house · EX34 8JL
For saleReduced £33.5k (−13.5%) on 21 JunListed 502 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £248,000 based on an average saving of 33%.
Market Value Price: £370,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £370,000, please contact the estate agent Webbers.
Property description This delightful beautifully presented four bedroom detached property sits within its own grounds with surrounding well stocked gardens and having a superb outlook across the National Trust owned Torrs, the town towards the Bristol Channel and distant Welsh coastline.
There is off street parking, a large sun terrace and a huge amount of potential to add your own stamp. The living accommodation is deceptively spacious and arranged over two floors.
The ground floor comprises of a large entrance hallway with a separate wc, open plan kitchen/diner and a very impressive and light filled living room/diner.
A real stand out feature to this wonderful property is the large sun terrace that leads off from the living room.
From here, views across the Torrs can be enjoyed, but there is also ample space for a dining table and chairs.
Moving up through the property on to the first floor, there are four bedrooms and a family bath/shower room. Bedrooms one and two enjoy superb views to the front elevation.
Outside there are well stocked gardens that surround the property which comprise of a selection of mature shrubs, attractive flowers and verdant vegetation.
For the keen gardener there is a lot of scope to really make this outside space your own.
There is off street parking, however there is potential to create further parking subject to the necessary consent. Underneath the property there is a large store room/work shop.
This area could be utilized a home office, gym or even a self-contained unit with letting potential subject to the necessary consent.
The property currently makes for a comfortable home for the growing family but would also suit those seeking a sizeable property to relocate or as a sound buy to let investment.
An early internal inspection is highly advised to avoid disappointment.
Ilfracombe town centre has a variety of small independent shops as well as larger supermarkets, schools for all ages, a health centre, cottage hospital, theatre, post office and a bank.
The picturesque sea front and harbour has further shops, bars and some fantastic restaurants.
Wildersmouth Beach and the famous Victorian hand carved Tunnels beach are along the esplanade which leads down to the picturesque harbour and the renowned artist Damien Hirst's influence can be felt by the addition of many art galleries which have appeared over recent years together with his majestic 60ft tall Verity statue at the harbour mouth.
Barnstaple, North Devon's main trading centre is approximately 12 miles away with many of the big name shops and a rail link to the inter-city network.
North Devon has a huge amount to offer with the fabulous golden sand surfing beaches at Woolacombe, Croyde and Saunton just a short car ride away.
The Exmoor National Park is also within easy reach and enjoys some breath-taking scenery and miles and miles of walking.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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.
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About The Cedars Marlborough Road, Ilfracombe Devon, Devon
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