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See how verdicts work3-bedroom property · EX34 9LW
No longer listedReduced £6.5k (−3.5%) on 21 JunListed 320 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 £187,500 based on an average saving of 33%.
Market Value Price: £280,000 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 £280,000, please contact the estate agent Webbers.
Property description Introducing 10 Princess Avenue, a well presented modern three-bedroom semi-detached property set in an exceptionally convenient location close to a wide range of local amenities, well-regarded schools and public transport links.
With its impressive wraparound gardens, superb coastal outlook and flexible internal layout, this home presents an outstanding opportunity for families and buyers seeking both comfort and future potential.
Approached via its off-road parking space, a set of steps leads down to a generous entrance hall, accessed through a sheltered porch. Immediately, the sense of light and space is evident.
The welcoming lounge features a charming bay window that floods the room with natural light, along with an attractive electric flame effect fireplace that provides a focal point for this relaxing living space.
To the rear, the expansive kitchen?diner is one of the home?s standout features, offering breathtaking, far-reaching views across the Bristol Channel?a truly captivating backdrop for cooking, dining and entertaining.
A practical utility area sits just off the kitchen, with plumbing for a washing machine and handy additional storage.
From here, you?ll find a well-designed downstairs WC and shower room, fully tiled from floor to ceiling for a smart, low-maintenance finish.
Upstairs, the property offers two generous double bedrooms, both complete with built-in cupboards.
The primary bedroom provides excellent integrated storage, while the second double enjoys what are arguably the finest views in the house, once again capturing panoramic vistas over the Bristol Channel.
A versatile L-shaped single bedroom is ideal as a child?s room, home office or hobby space.
Completing the first floor is a spacious family bathroom, housing the gas combination boiler within a built-in storage area and offering superb potential for modernisation, enabling buyers to truly make the space their own.
Externally, the property benefits from an extensive wraparound garden, offering multiple zones for outdoor dining, play areas, gardening or quiet relaxation.
The plot provides a rare sense of privacy as well as exciting scope for landscaping or future enhancement (subject to relevant permissions).
Located in a sought-after residential setting, 10 Princess Avenue enjoys easy access to local shops, caf?s, parks, scenic walking routes and convenient bus services, with schools only a short distance away?making this property particularly appealing for families and commuters.
With its combination of space, views, modern comforts and future potential, this impressive property represents an excellent for sale opportunity in a well-connected and desirable area.
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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FAQ
About 10, Princess Avenue, Ilfracombe, Devon, EX34
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