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See how verdicts work2-bedroom flat · EX39 1TL
For saleReduced £10k (−8%) on 8 JulListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Lilybridge retirement development in the sought-after village of Northam, this beautifully presented 2 Bedroom First Floor apartment offers a thoughtfully reconfigured layout designed to maximise both practicality and outlook.
The property’s standout feature is the Lounge, which takes full advantage of the attractive views across Northam Burrows Country Park, creating a bright and welcoming living space.
Further accommodation comprises, 2 generous Bedrooms, a well-appointed fitted Kitchen and a well-proportioned Bathroom.
Lilybridge is an exclusive retirement development of just 28 apartments and bungalows, set within beautifully maintained communal gardens and grounds, offering peaceful surroundings whilst remaining conveniently close to the amenities of Northam village and many scenic coastal and countryside walks.
The development is specifically designed for the active over-55s and benefits from an on-site Development Manager (office hours Monday to Friday, 9am–1pm) together with a 24-hour Appello emergency call monitoring system, providing added reassurance for residents and families alike.
Unusually for a retirement development, the property may be used as either a permanent residence or second home, subject to the relevant age restrictions being met.
Directions From Bideford Quay proceed in the direction of Northam. Proceed straight across at the Heywood Road roundabout and continue uphill.
At the brow of the hill, take the right hand turning into Northam Village and continue through The Square. Continue straight over and down onto Diddywell Road.
Proceed for a short distance to where Lilybridge will be situated on your left hand side clearly signposted. Apartment 8 will be situated on your left hand side as you enter the development.
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
FAQ
About 8, Lilybridge, Bideford
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