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See how verdicts work1-bedroom flat · EX34 9FH
For saleListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Light-filled 1 bedroom apartment with sea views and balconies. Open plan L-shaped living space, modern fitted kitchen with fitted appliances, bedroom with en-suite, parking and no onward chain.
Property Description A beautifully presented one bedroom apartment offering sea views from both aspects and unique curved balcony designs.
Flooded with natural light throughout the property benefits from an impressive open plan L-shaped lounge, kitchen and dining space with wood laminate flooring running seamlessly across the entire living space.
The modern fitted kitchen is well equipped with a range of wall and base units and includes integrated appliances such as a slimline dishwasher, under-counter fridge, under-counter freezer, washing machine and microwave along with a gas hob, electric ovens and extractor above.
The living space opens onto two separate curved balcony areas to enjoy the coastal outlook.
The bedroom is a well-proportioned double room with space for freestanding furniture and its own balcony with sea views.
It also benefits from a contemporary en-suite shower room comprising a shower cubicle, WC, hand basin, heated towel radiator and full tiled surround.
The property further features a modern three-piece bathroom suite with bath and shower attachment over, WC, hand basin, heated towel radiator and full wall tiling.
Additional benefits include an allocated parking space and the advantage of no onward chain, making this an ideal purchase for first-time buyers, investors or those seeking a coastal retreat.
Location Ilfracombe town offers a variety of independent shops, art galleries, restaurants and bars.
The picturesque seafront and harbour area is home to artist Damien Hirst's ‘Verity’ statue at the harbour entrance.
In addition is the exciting new water sports centre and café making the harbour a hive of activity.
North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers.
The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with Australia’s Golden Coast and Malibu in California.
Agent Notes - Share of Freehold - Allocated Parking Space - Annual maintenance charge £950 (can be paid in 2 installments) covers external works and buildings insurance.
Directions Proceed from our office on the High Street in an easterly direction towards Fore Street.
At the of the High Street bear off left onto Fore Street and follow the road around to the left into Sommers Crescent.
Cove View Apartments will be found on the right hand side half way down and agent will meet you outside. What3words - dumps.rentals.daffodils
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.
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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 Flat 4, Cove View Apartments, Sommers Crescent, Ilfracombe
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