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See how verdicts work2-bedroom flat · EX39 5SA
For saleReduced £20k (−9.3%) on 25 OctListed 341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a fantastic opportunity to acquire a Grade II Listed characterful holiday home located in this superb holiday complex of Highford Farm, enjoying fine sea views to the front elevation.
The property offers spacious two double bedroom accommodation with a wealth of character features including vaulted ceilings with exposed A-frames, a Juliette balcony with a large stable door, roll top bath and exposed brickwork.
This wonderful holiday home is available with no on going chain and also benefits from off road parking and a private garden.
Venturing into the property from the ground floor, the front door leads to the entrance hall, which has a storage cupboard with stairs then rising to the first floor landing, which has a window to the rear elevation.
A glazed door then leads to the open plan living area that incorporates the sitting room / dining area and the kitchen which spans across the breath of the first floor.
This room has vaulted ceilings with exposed A-frames and four windows to the front elevation with sea views.
There is also a large arched stable door with a Juliette balcony enjoying the sea views on offer. The kitchen area is slightly raised with a timber floor.
There is an excellent range of matching wall and base units with a sink unit set into roll top work surfaces with tiled splash backs.
There is an integrated fridge freezer, Range style cooker with extractor over and also space for a washing machine and dishwasher.
Bedroom one has a vaulted ceiling with exposed A-frames and a roof window. The bathroom has a window to the front elevation with sea views.
It comprises of a pedestal wash hand basin, low level WC, a shower cubicle and a roll top claw footed bath. There is also a vaulted ceiling with exposed timbers.
Bedroom two has a part vaulted ceiling with an exposed beam, two windows to the front elevation with sea glimpses and a built-in wardrobe that also houses the wall mounted LPG gas fired boiler.
There are communal areas along side two allocated parking spaces and a private garden that is laid to lawn and bordered by wooden fencing that again enjoys sea views towards Lundy Island.
There is also storage shed located in a separate are. NB: The property has a twelve month holiday restriction and comes with a share of freehold. it has a 999 year lease from 2001.
There is an annual rent of £10.00 per year.
There is a management company with annual costs of approximately £785.00 per year which covers waste services, septic tank, maintenance of communal grounds and maintenance of common area structures.
From Bideford proceed towards Bude on the A39. Proceed through the villages of Ford & Fairy Cross, Horns Cross and Bucks Cross.
Stay on this road until you reach the roundabout at Clovelly Cross, with the garage on your left hand side. Continue straight across and then turn right signposted towards Hartland.
Stay on this road for just under a mile until you see a sign saying Donkey stables. Turn right here and proceed through the pillars into the development.
The property will be found in the middle of the development on the left hand side.
GROUND FLOOR Entrance Hall FIRST FLOOR Kitchen/Sitting/ Dining Area 8.56m x 5.61m Master Bedroom 4.7m x 3.7m Ensuite Bedroom Two 4.55m x 3.33m Bathroom TENURE Share Of Freehold SERVICES LPG gas, water and electricity.
Shared private drainage. COUNCIL TAX Currently on Business Rates EPC Grade II Listed
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Highford Farm, Higher Clovelly, Bideford, EX39
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