We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · EX34 9SA
For saleListed 367 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 £201,000 based on an average saving of 33%.
Market Value Price: £300,000 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 £300,000, please contact the estate agent Webbers.
Property description Tucked away on the outskirts of the picturesque coastal village of Berrynarbour, 6 Goosewell is a charming mid-terrace cottage offering a wealth of period character, spacious living areas, and superb views across the Bristol Channel towards the Welsh coastline.
A small front garden with an entrance gate leads to a welcoming flagstone entrance hall, setting the tone for the home?s traditional appeal.
The comfortable sitting room features an impressive stone fireplace with a log-burning stove, perfect for cosy evenings.
A second reception room/dining area provides an additional fireplace and flexible space for entertaining or relaxing.
At the rear, the generous kitchen/diner is fitted with an aga and offers ample space for family meals, leading through to a useful utility area and a downstairs WC.
Upstairs, there are three bedrooms?two doubles and a single?all enjoying lovely views, particularly towards the Bristol Channel.
The family bathroom is fitted with a four-piece suite including a bidet.
Outside, the long rear garden is a real highlight, filled with mature shrubs and planting that provide colour and privacy throughout the seasons.
A brick-built outbuilding offers ideal space for a workshop or garden storage, while the far end of the garden opens to wonderful views stretching across the sea to the distant Welsh coast.
A short distance up the road is a large barn/double garage with an additional space would be the perfect space for storage, parking or other potential uses.
Although the property would now benefit from updating, it provides an exciting opportunity to create a delightful coastal home in one of North Devon?s most sought-after villages.
Berrynarbour itself is a vibrant community with a popular village pub, shop, and primary school, all within easy reach of the beaches at Combe Martin and Ilfracombe, as well as the scenic walks of Exmoor National Park.
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 6 Goosewell, Berrynarbor Ilfracombe Devon, Ilfracombe
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