2-bedroom flat · EX39 1RY
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In the charming coastal village of Appledore, this exquisite penthouse apartment on Irsha Street offers a unique blend of comfort and elegance.
Boasting two generously sized bedrooms, each with its own en-suite bathroom, this property is designed for both relaxation and convenience.
The spacious layout is filled with natural light, creating an inviting atmosphere throughout.
One of the standout features of this penthouse is the large balcony off the open plan living space (20'5 x 20'), which provides stunning views over the estuary, making it the perfect spot for enjoying morning coffee or evening sunsets.
The apartment is ideally located next to the slipway, allowing for easy access to the water and all the delightful activities that come with coastal living.
In addition to its appealing design and prime location, this property includes a share of the Freehold, offering added security and flexibility for future owners.
Whether you are seeking a full-time residence or a lucrative holiday let, this penthouse apartment presents an exceptional opportunity to embrace the idyllic lifestyle that Appledore has to offer.
The village centre with it's local shops, public house's and eateries are within a short stroll, as is the large Churchfield car park. EPC-tbc
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.
Area
Agent & docs
FAQ
About The Gaiety, Irsha Street, Appledore, Bideford
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