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 work2-bedroom flat
For saleReduced £10k (−7.4%) on 22 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
83 Slade Valley Road is a spacious and well-proportioned first-floor flat, enjoying the considerable benefit of its own private entrance and an impressive private garden extending to approximately 85ft in length.
Predominantly laid to lawn, the garden offers an excellent amount of outdoor space and also includes a useful outbuilding/shed, ideal for storage, hobbies or gardening equipment.
The property is entered at ground-floor level, where a private entrance hall provides useful storage space before stairs rise to the first-floor accommodation.
At the top of the stairs is a particularly generous central hallway, creating a welcoming sense of space and providing access to the principal rooms.
A large storage cupboard within the hallway currently houses a tumble dryer and offers further practical storage.
The kitchen is complemented by a useful walk-in larder, providing excellent additional storage for food, appliances and household items.
The accommodation is further enhanced by an exceptionally large loft space, which extends across the full width of the property and has been boarded to provide extensive storage.
Both bedrooms are spacious with the marter bedroom being noteworthy in its size with room for a superking bed and furniture.
With its generous internal proportions, substantial private garden, abundance of storage and independent entrance, the property represents an excellent opportunity for first-time buyers, downsizers or buy-to-let investors seeking a spacious and versatile home.
A 125-year lease starting on 15 May 1990 expires on 14 May 2115. North Devon Homes are the freeholder. What 3 Words - lawfully.object.magpie
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.
Area
Agent & docs
.png)
FAQ
About Ilfracombe, Devon
Explore nearby