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See how verdicts work1-bedroom flat · EX34 9FR
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of this popular coast town, this elegant first-floor apartment offers modern living in a convenient location within a beautifully restored Grade II listed Victorian building.
The property features one spacious bedroom with ensuite bathroom, individual or couple seeking a comfortable living space due to its floor to ceiling bay window and large built in storage cupboard, making for a very relaxing space.
The open plan living area is bright and airy due to the feature turreted window allowing a huge amount of natural light to flood the whole of the room.
The modern fitted kitchen features an integrated fridge freezer, electric oven with induction hob and a combination gas boiler.
There is plenty of room to accommodate a dining table, as well as a host of original character features, such as exposed timber flooring and coving The apartment boasts a charming balcony, providing a peaceful outdoor space to unwind after a long day.
Residents will also benefit from allocated parking, ensuring convenience and security as well as lift access from the first floor.
With excellent transport links nearby and a variety of amenities within easy reach, this property offers a superb lifestyle opportunity.
Don't miss out on the chance to make this delightful apartment your new home. Contact us today to arrange a viewing.
The property is currently used as a successful holiday let with 2023 generating £18,665 gross revenue via AirBnB lease details: There is a remainder of a 250 year lease.
Holiday and assured shorthold letting will be allowed and pets are also allowed with written consent. The annual service charge for 2024 was £739.79 paid on 31 December 2023.
The annual buildings insurance was £282.63 for April 2023 - March 2024. From our office on Ilfracombe High Street, head in an easterly direction and take the first left hand turn onto Northfield Road.
Take the next right hand turn at the traffic lights onto Wilder Road.
After a short distance, take a right hand turn onto Fortescue Road where the communal car park can be found on your right hand side.
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 4 Belgrave Apartments,, Wilder Road, Devon
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