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See how verdicts work2-bedroom bungalow · EX34 8LY
For saleReduced £10k (−3.3%) on 6 AugListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern two-bedroom home with off-road parking and single garage.
Chain-free and ideal for first-time buyers or investors seeking a stylish, low-maintenance property Property Description Situated within the highly sought-after Saltmer Close, nestled in a picturesque valley setting, this beautifully presented detached bungalow offers a wonderful blend of modern living and natural surroundings.
Ideally positioned, the property benefits from easy access to the renowned Tarka Trail, scenic public footpaths, and the South West Coast Path-perfect for those who enjoy the outdoors.
The accommodation comprises two well-proportioned double bedrooms, alongside a spacious living room that enjoys attractive woodland views, creating a bright and relaxing environment.
The property further benefits from a stylish, modern fitted kitchen, thoughtfully designed with integrated appliances and a breakfast bar, ideal for both everyday living and entertaining.
A contemporary three-piece family bathroom completes the internal accommodation.
Externally, the home features a tiered rear garden, with a low-maintenance lower level providing an excellent space for outdoor furniture and al fresco dining.
To the front, there are two allocated off-road parking spaces, in addition to a single garage.
Conveniently located, the property is just a short drive from the coastal town of Ilfracombe, as well as the highly desirable beaches of Woolacombe and Lee Bay.
Offered to the market chain-free, this delightful home would suit a range of buyers seeking a peaceful yet accessible coastal lifestyle.
Location Lfracombe town offers a variety of independent shops, art galleries, restaurants and bars.
The picturesque seafront and harbour area is home to artist Damien Hirst's ‘Verity’ statue at the harbour entrance.
In addition is the exciting new water sports centre and café making the harbour a hive of activity.
North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers.
The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with Australia’s Golden Coast and Malibu in California.
Directions From our office head down the High Street towards Meridian Place for 0.3 miles until you reach the roundabout where you will take the first exit and bear right eventually turning road onto Church Hill.
At the top of Church Hill turn left onto Belmont Road and continue onto Slade Road for around 0.6 miles where you will turn left onto Saltmer Close.
Turn left at the end of the road where you will find the property on on your right hand side just down the road. What3words: Winemaker.enabling.spells
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.
Area
Agent & docs
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FAQ
About 12, Saltmer Close, Ilfracombe
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