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See how verdicts work4-bedroom semi-detached house · EX34 9EA
Listing removedListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY ONLINE AUCTION - End of Auction: TBC This spacious 4/5 bedroom, 3 storey semi-detached grade 2 listed family home is ideal for those looking for a project and to put their own stamp on a place.
Situated in a tucked away position yet close to the sea front, local beaches, restaurants, bars and shops, the house has a great deal of scope and potential but is currently in need of modernisation and renovation.
The ground floor comprises an entrance hall, a 21ft lounge/diner, inner hall, kitchen and a ground floor bathroom.
On the first floor there are two bedrooms and a further shower room with the second floor having two very similar bedrooms making 4 in total.
Additionally, there is a staircase that leads up to a large loft room with a dormer window, which offers further potential accommodation if required.
The property is situated in a small enclosed private cul-de-sac shared with two other houses (Mill Head Cottage and 2 Albert Villas) and is accessed from Mill Head via double wrought iron gates.
There is a right of access across the driveway to the property as well as to the neighbouring number 2 Albert Villas. There is a small tarmaced amenity space immediately to the front of the house.
The property has the benefit of no onward chain. Traditional Online Auction Information Please note: this property is for sale by traditional online auction.
This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded).
The winning buyer will be legally obliged to purchase the property at this price. Pricing Information The Guide Price amount specified is an indication of each seller's minimum expectation.
It is not necessarily the amount at which the property will sell.
Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Webbers and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars.
Buyers should check the contents of the legal pack and special conditions for accurate information on fees.
Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances. Buyer’s Premium & Other Charges The winning buyer is charged a sum of £5,000.
From this a buyers fee of £3,960 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,040 is payable towards the purchase price.
On completion the Buyer will pay the sum of £313.71 (including vat) to the Seller’s solicitors in reimbursement of search fees.
SELLER’S SOLICITOR Sarah Bourke, Brewer Harding & Rowe, 6 - 8 Caen Street, Braunton, Devon, EX33 1AA Tel: , Email: Sarah Bourke sarah.
Services: All mains services connected EPC: E Council Tax: B Applicants are advised to proceed from our offices in an easterly direction taking the first left hand turn into Northfield Road.
At the bottom of Northfield Road turn right at the traffic lights into Wilder Road.
Continue along Wilder Road passing the Landmark Theatre and then turn right immediately after the Wetherspoon's public house into Mill Head which is immediately in front of the Italian Restaurant and Sea Rock Apartments.
Pass the entrance to Gilbert Grove and the access to 1 Albert Villas is through double wrought iron gates on the left-hand side, immediately adjacent to the lane sign posted Albert Court.
Ground Floor Entrance Hall Lounge/Diner Inner Lobby Kitchen Bathroom First Floor Landing Shower Room Bedroom 1 Bedroom 2 Second Floor Landing Bedroom 3 Bedroom 4 Loft Room/Occasional Bedroom 5
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Albert Villas, Ilfracombe, Devon, EX34
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