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See how verdicts work3-bedroom semi-detached house · EX39 1PX
Listing removedListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market for the first time in many years, 11 Pitt Hill represents a substantial renovation project in the very heart of Appledore.
This 3 Bedroom terraced home, together with its adjoining annexe, requires comprehensive refurbishment throughout.
The property has been heavily hoarded and is currently in a very poor state, but it does offer scale, outside space, parking and the potential (once fully overhauled) to create something extremely worthwhile.
The main house is arranged with an Entrance Porch opening into the Hallway, leading through to a front Living Room with the staircase rising to the first floor.
Beyond this is the Kitchen, which provides access to a rear courtyard. The property’s Bathroom is located externally off this courtyard.
Steps then lead up to a large, elevated rear garden, which includes a section of hardstanding accessed directly from the road, offering valuable off-street parking.
Upstairs, the main house provides 3 well-sized Bedrooms. All rooms, however, require full modernisation.
Prospective buyers should expect to undertake significant work, both cosmetically and practically.
The adjoining Annexe, forming the end of the terrace with its own front and rear access, presents further scope for improvement but will require extensive structural renovation.
In its current state, it is not habitable and will need a complete rebuild of key areas.
While the property is unquestionably in need of major attention, opportunities of this scale, particularly with parking and a large garden, are increasingly scarce within central Appledore.
For those prepared for a full renovation, 11 Pitt Hill offers a sizeable footprint and the chance to reimagine both the main house and annexe to suit personal use or future income potential (subject to consents).
Directions From Bideford Quay proceed towards Northam passing the Durrant House Hotel on your right hand side. Take the right hand turning signposted Appledore onto Churchill Way.
Continue on this road for approximately 1.5 miles and proceed down Richmond Road taking the right hand turning onto Pitt Hill.
Park where appropriate, finding 11 Pitt Hill at the left end of the terrace on your right hand side.
Agents Note This building is listed under the Planning (Listed Buildings and Conservation Areas) Act 1990 as amended for its special architectural or historic interest.
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

FAQ
About 11, Pitt Hill, Appledore, Bideford
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