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See how verdicts work1-bedroom flat · EX34 9AT
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming ground-floor Victorian flat is offered for sale in Ilfracombe and presents an excellent opportunity for first-time buyers and investors alike.
Full of character, the property retains attractive period features including exposed wooden floorboards, high ceilings and generous windows that flood the living space with natural light.
The accommodation is arranged in an open-plan style, seamlessly combining the reception area, dining space and kitchen to create a bright and sociable layout ideal for modern living.
The current vendors have recently installed a brand-new kitchen, finished with wooden-effect worktops and offering ample storage and space for a dining table.
The double bedroom is well proportioned and benefits from an ensuite shower room complete with a double shower cubicle.
Situated in a convenient position in Ilfracombe, the property is within easy reach of a wide range of local amenities including independent shops, cafés, supermarkets and everyday services around the town centre and picturesque harbour.
The stunning North Devon coastline is close by, offering scenic walks along the South West Coast Path, nearby beaches and access to local parks and green spaces.
Regular bus services provide connections to Barnstaple and surrounding North Devon towns, with Barnstaple railway station offering onward services towards Exeter and beyond (approximately 1 hour 15 minutes to Exeter).
The A361 provides road access to the wider Devon area. The property falls within Council Tax Band A.
Ilfracombe is a historic Victorian seaside resort and provides shopping facilities as well as other amenities such as a building society, library, post office, schools, cinema etc.
There are a number of attractions within walking distance including Damien Hirst's now famous Verity statue situated on the harbour, the new watersports centre, the award-winning Ilfracombe Aquarium, the unique Tunnels Beaches and many more.
You will find numerous events and festivals throughout the year, many based on the quayside at the historic harbour and at the prestigious Landmark Theatre on the seafront.
There are many fine and award-winning beaches close by, from secluded coves to wide stretches of golden sand with crashing surf.
For beaches, visit Hele Bay to the east of the town for good bathing and rock pool exploring.
Putsborough, Woolacombe and Croyde are within easy motoring distance, whilst North Devon's regional centre of Barnstaple is approximately 20 minutes' driving time.
Directions From our Ilfracombe office, proceed left down the high street towards the traffic lights. Take a right-hand turn onto Northfield Road. Take the next right-hand turn onto Wilder Road.
Continue along this road then take a right-hand turn onto Avenue Road where the property can be found on your right-hand side towards the top of the road.
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.
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FAQ
About Ground Floor Flat, 5, Avenue Road, Devon
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