2-bedroom flat · EX31 1GY
For saleReduced £10k (−3.8%) on 11 SepListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the second floor at Saw Mill Court in Barnstaple, this apartment offers a practical and comfortable home in a desirable riverside setting.
The entrance hallway leads into a bright, airy living room with direct access to a private balcony, overlooking the communal greenery, Pilton Park and the river.
The separate, well-proportioned kitchen features modern units and integrated appliances, including a dishwasher, fridge-freezer and washing machine, while elevated windows provide scenic views across the park.
The apartment comprises two double bedrooms. The main bedroom boasts a generous range of fitted wardrobes and storage, along with its own en-suite shower room.
The second double bedroom includes convenient integrated wardrobe space and room for additional furniture.
Both bedrooms are served by a family bathroom, complete with a full-sized bath and overhead shower.
Externally, the property benefits from allocated parking, a car port and lift access within the building, and sits within a well-maintained development.
It offers a peaceful, waterside setting while remaining within easy reach of the town centre's shops and amenities.
With its practical layout, this apartment provides an ideal, low-maintenance home in central North Devon. Call today to arrange your viewing!
Service Charge - Approx £1,926.34 // Ground Rent - Approx £337.50 Local Shop - 0.1 miles - // Local Pub - 0.1 miles // Local School - Pilton Bluecoat C Of E Junior School 0.4 miles // Parking - Allocated Parking // Tenure - Leasehold (999 years since 2006) //
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 24, Saw Mill Court Mills Way, Barnstaple
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