3-bedroom terraced house · EX39 3JW
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Number 68 Lime Grove is a well presented three-bedroom terraced home that has been tastefully updated via the current owners and is the perfect home for any first-time buyers or buy to let investor to take a look at.
Entering the property through a small porch into the hallway you will find doors to all principal rooms and stairs leading to the first-floor landing.
There is a large open plan lounge / dining room with a bay fronted window which allows the room to be filled with natural light and provides ample space for sizeable furniture.
The room has a focal point fireplace and space for dining room dining room table and chairs making the whole room a very sociable space to enjoy time with family and friends.
To the back of the property you will find the sleek and modern kitchen with French doors that open out onto the rear garden.
And which is fitted with a generous number of base and eye level units, providing plenty of space for storage. There is also an integrated double oven, microwave, dishwasher and fridge / freezer.
This space is further enhanced by a breakfast bar and space for smaller table and chairs.
The kitchen transitions into a separate utility room which provides further under-counter storage, integrated fridge, wash hand basin and space for washing appliances.
There is also the added benefit of a useful downstairs WC.
Moving to the first floor you will find three bedrooms with the third bedroom being a generous single overlooking the rear of the property and two doubles which overlook the front.
Both of these bedrooms still have character cast iron fireplaces which bring the past into the present.
To the complete the first floor you will find the family bathroom which comprises of shower cubicle, close coupled WC and wash hand basin.
Outside to the rear of the property there is an elevated, low maintenance garden of wooden decking, which is perfect for garden furniture and for enjoying the sunshine all year round.
Ideal for alfresco dining or Summer bbq's. From Bideford Quay, turn left into Bridgeland Street which merges into North Road and continue to the 'T' junction at the end.
Go straight across into Lime Grove and continue for a short distance where number 68 will be found on your right hand side with a for sale sign clearly displayed.
Porch (1.35m x 0.94m) Hallway (5m x 1.68m) Lounge/Dining Room (6.9m x 3.45m) Kitchen Breakfast Room (4.57m x 4.47m) Utility Room (2.84m x 2.64m) Bedroom 1 (4.72m x 3.45m) Bedroom 2 (3.4m x 2.95m) Bedroom 3 (2.84m x 2.08m) Shower Room (1.68m x 1.45m) WC (1.1m x 0.86m) Tenure Freehold Services All Mains Services Connected Viewings Strictly by appointment only Council Tax B EPC D Estimated Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £850 - £900 subject to any necessary works and legal requirements (October 2023).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating. The Government intend to increase this to a band C from 31/12/2025.
Please refer to your solicitors as the legal position may change at any time.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 68, Lime Grove, Devon
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