3-bedroom terraced house · EX34 9BH
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Versatile 3/4 Bedroom Property Close to the Harbour This versatile property offers flexible accommodation and could be used as either a three-bedroom home with two reception rooms or, as it has been in the past, as a four-bedroom house.
Ideally situated close to the harbour, the property also benefits from outside space to both the front and rear.
To the front of the property is a small outside area, while to the rear is an enclosed yard garden, providing a private outdoor space.
On the ground floor, there is a good-sized lounge featuring an attractive fireplace, which could alternatively be utilised as a fourth bedroom if required.
The kitchen is well proportioned and benefits from patio doors opening directly onto the rear yard.
Steps lead down to a useful utility area, which also has a further door providing access to the rear garden.
To the first floor, there is a large family bathroom, a separate WC and a spacious bedroom/lounge/diner, with further accommodation continuing from the landing.
and a further three bedrooms to the second floor.
The flexible layout makes this an appealing property for a variety of renters, whether looking for a comfortable three-bedroom home with generous living space or a four-bedroom property.
Its convenient location close to the harbour further adds to its appeal.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About St James Place, Ilfracombe, Devon
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