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See how verdicts work3-bedroom semi-detached house · EX34 8JA
For saleReduced £20k (−9.1%) on 14 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
29 Meadow Close offers an appealing combination of space, outlook and potential within an established residential setting in Ilfracombe.
Arranged with a reverse living layout, the property places the main living accommodation on the ground floor and all three bedrooms on the lower ground floor.
Beside the front door is a useful storage cupboard, while two further cupboards are positioned on the ground floor, one of which houses the boiler.
The kitchen provides ample cupboard space, a built in stainless steel sink with drainer, and space for a cooker and fridge freezer.
It offers a practical base for updating, with the opportunity for a buyer to introduce their own style. The generous lounge provides plenty of room for comfortable seating and everyday living.
Both the lounge and kitchen enjoy pleasant views across the rear garden towards The Cairn Nature Reserve and Score Valley, creating an attractive connection with the surrounding greenery.
The lower ground floor includes three bedrooms and the bathroom, which is fitted with a WC, wash hand basin and corner shower.
The second bedroom has direct access to the rear garden and could also work well as a home office or study.
Beneath the stairs is a useful laundry area with plumbing and space for a washing machine and tumble dryer, together with additional storage.
Outside, the generous rear garden offers space for gardening, seating and relaxation.
A small lawned garden sits to the front, while a single garage within a separate block provides useful parking or storage.
The property requires updating throughout and is offered for sale with no onward chain. Applicants are advised to proceed from our offices in a westerly direction along the High Street.
Take the first left hand turn into Marlborough Road opposite Somerfield supermarket and proceed up the hill taking the right hand turn into St. Brannocks Park Road.
Continue along this road passing the Tyrrell Hospital and bear off next left into Furse Hill Road. Follow this road around the two sharp left hand bends and continue up the hill into Doone Way.
Follow the road around the S bend and take the next left hand turn into The Shields. Continue through The Shields taking the first turning left into Meadow Close.
No 29 Meadow Close will be found at the bottom of the hill on your left
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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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
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FAQ
About 29, Meadow Close, Devon
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