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See how verdicts work2-bedroom flat · EX39 4FN
For saleListed 369 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-maintained, modern two-bedroom ground floor apartment is `move-in ready,` having recently undergone full redecoration and being offered with no onward chain.
The property benefits from gas-fired central heating via an Ideal combination boiler installed in January 2024, as well as uPVC double glazing throughout.
To the rear of the building, there is an allocated off-road parking space, providing convenient and secure parking.
The accommodation itself flows naturally from a welcoming entrance hallway leading to a spacious open-plan living/dining area and a modern fitted kitchen.
There are two well-proportioned bedrooms and a bathroom with contemporary fittings.
Situated in a popular and well-established residential area within easy reach of Bideford town centre, local amenities, and public transport links, this property would make an ideal first-time purchase, investment opportunity, or downsizing option.
TENURE: Leasehold The balance of a 999-year lease from 2010. Annual service charge of £1,255.80 covering buildings insurance, maintenance and upkeep of communal areas.
An estate service charge is also in place for the upkeep of common parts & play areas; for 2025 this amounted to £168.75 Services: All mains services are connected Energy Performance Certificate: C (79) Council Tax: BAND B (£1,963.91 per annum) what3words /// crossword.polar.amounting Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
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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 Watkins Way, Bideford
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