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See how verdicts work1-bedroom flat · EX34 9QB
Listing removedReduced £5k (−6.3%) on 1 AugListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented one bedroom flat, ideal for investors or first-time buyers looking to get on the property ladder. Chain-free sale offering a great opportunity in a convenient location.
Property Description A well-presented first floor flat ideally situated on Ilfracombe High Street, offering a fantastic opportunity for investors or first-time buyers looking to step onto the property ladder.
Enjoying a convenient central location, the property is within easy reach of local amenities, transport links and is just a short walk from the picturesque Ilfracombe Harbour.
The accommodation comprises a spacious double bedroom, a bright and modern open-plan kitchen and living area, and a contemporary three-piece bathroom suite.
The property also benefits from a handy storage cupboard, providing useful additional space.
This attractive flat combines comfortable living with a highly convenient location, making it an excellent purchase opportunity.
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 - This property has a 999 year lease from 1997 with 970 years remaining - £75.00 annual ground rent - £75.00pcm service charge which contributes to building insurance Directions From our office, proceed down the high street towards Meridian Place for 0.2 miles and the property will be on your right hand side opposite the petrol station.
We would advising if you are driving to park at the High street Car Park which is a short walk from the property What3words: Helpfully.according.finest
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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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 18, Clifton Court, Ilfracombe
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