2-bedroom flat · EX22 6DL
Sold STCReduced £20k (−15.4%) on 19 JulListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Square, Holsworthy The flat is accessed via a communal entrance hall shared with two other flats and a private door leads into a light and airy entrance hall leading to a spacious living room, enjoying a southerly aspect and commanding views over the town square with separate modern fitted kitchen, incorporating oven and hob, full height fridge/freezer and washing machine.
At the far end of the flat are two double bedrooms and there is also a modern bathroom/WC with electric shower over the bath and glazed screen.
Although there is no private outdoor space with the flat it is close to several green spaces withing the town and is a short walk for the towns lovely park.
Situated in the heart of town enjoying a southerly aspect over the towns square one can sit back in an elevated location and enjoy watching the world go about its business.
Within a stones throw of the flat are a wide range of retail outlets, bars, café’s and takeaways/eateries.
Holsworthy is a popular market town only 20 minutes drive form the north town of Bude which offers access to some beautiful coastal walks and sandy beeches famed for their excellent surf.
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
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FAQ
About Flat 3, 2-3 The Square, Devon
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