We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · EX34 9BT
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate two bedroom 2nd floor apartment benefitting from two doubled bedrooms, immaculate sea views and is currently being used as a very successful holiday let.
Chain-free sale Property Description Occupying a desirable second-floor position within a well-maintained block benefiting from lift access, this immaculately presented apartment enjoys exquisite panoramic views across the Bristol Channel and along Ilfracombe’s rugged coastline.
Ideally situated just a stone’s throw from the bustling harbour, this exceptional property combines coastal living with outstanding holiday-let potential, having already established itself as a highly successful holiday home.
Upon entering, the quality and appeal of the accommodation are immediately evident.
The property offers two generously proportioned double bedrooms, with the principal bedroom benefiting from ample built-in storage and a convenient three-piece en-suite shower room.
The heartbeat of the home is the beautifully presented open-plan lounge, kitchen and dining space.
The modern kitchen is fitted with a range of integrated appliances, while the spacious lounge and dining areas provide plenty of room for both relaxing and entertaining.
As you enter this impressive room, your attention is immediately drawn to the sensational sea views, creating a truly captivating backdrop to everyday living.
Completing the accommodation is a well-appointed three-piece family bathroom, finished to the same high standard found throughout the apartment.
Externally, the property boasts a beautifully presented private balcony, providing the perfect setting to sit back, relax and enjoy the breath-taking coastal outlook.
With ample space for outdoor furniture, it is ideally suited to al fresco dining whilst taking in the ever-changing views across the Bristol Channel.
Whether you are searching for a dream coastal retreat, a permanent home by the sea or an investment with proven holiday-let potential, this exceptional apartment represents a fantastic opportunity.
With its superb sea views, lift-served second-floor position, excellent presentation, private balcony, proximity to Ilfracombe Harbour and established holiday-let success, this is a property that truly needs to be seen to be appreciated.
Location Lfracombe 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 - This property has a 999 year lease with 977 years remaining - There is an annual service charge of £1,500 ( £125pcm) - Annual return of £31,000+ Directions From our office head north-east on High Street and shortly after turn left onto Fore street.
Follow Fore Street round to Sommers Crescent and at the end of the road, turn right onto St James Place.
Follow this round for 0.1 miles and turn left onto The Quay and then take another left by the Sandpiper pub onto Capstone road where the property will be on your right hand side.
An agent will meet you outside to show you around. What3words: Deflate.cropping.irony
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 7 Oceanside Apartments, Capstone Crescent, Ilfracombe
Explore nearby