2-bedroom flat · EX39 3JT
For saleListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom ground floor apartment with newly fitted kitchen, master bedroom plus en-suite and a pleasant garden aspect from the living room.
The property is highly convenient being a level and short walk into the Bideford town centre.
Occupying a very convenient position being a level walk to the town centre and also handy for the local Morrisons supermarket, Chanters Road junior/infants school and the Victoria Park and playing fields.
SERVICES: All mains services. Under floor heating.
The property is leasehold with a remaining balance of a 999-year lease commencing 2003, the owner(s) of each flat hold a one-sixth share of the freehold of the property therefore one-sixth share would be passed to the new owner.
Service charge - £800 per annum, includes the upkeep of communal areas, exterior and buildings insurance, the lease also prohibits pets and holiday letting. COUNCIL TAX BAND: B.
DIRECTIONS TO FIND: From Bideford Quay proceed north along the Kingsley Road and after passing the Morrisons Supermarket on the right after a further 50 metres or so turn left between Alexandra and Glendale Terrace.
At the end turn left into Northam Road and then take the second left into Meadowville Road where the entrance to Meadowville Court is found at the end of the cul de sac.
Shared entrance with door entry system, tiled flooring and stairs to the first floor: Front door into: LIVING ROOM: 4.57m x 3.88m Laminate flooring and uPVC double glazed door into the front garden.
KITCHEN: Working surface incorporating single drainer one and half bowl sink unit, four ring gas hob with double oven below and extra extractor above.
Glass and tiled splash backing, cupboards and drawers with matching wall units. Space and plumbing for washing machine. Wall mounted gas fired boiler and laminate flooring.
INNER HALL: Built-in cloaks cupboard and laminate flooring. BEDROOM ONE: 4.17m x 3.39m UPVC double glazed door into the garden area and fitted carpet.
EN SUITE: Fully tiled shower cubicle, wash basin and low-level WC. Chrome ladder style radiator, tiled flooring and extractor fan.
BATHROOM: Bath with shower mixer taps fitted, extensively tiled walls, wash basin and low-level WC. Extractor fan and tiled flooring. Chrome ladder style radiator.
BEDROOM TWO: 4.17m x 2.57m Shelved built-in cupboard and fitted carpet. OUTSIDE: Patio area to the front, allocated parking space and three visitors spaces. Outside water tap.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Meadowville Court, Bideford, EX39
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