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See how verdicts work6-bedroom terraced house · EX34 9AB
For saleReduced £16.8k (−6%) on 21 JunListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £281,500 based on an average saving of 33%.
Market Value Price: £420,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £420,000, please contact the estate agent Webbers.
Property description 17 Regent Place represents an ideal opportunity to acquire a beautiful family home or holiday residence with scope for further income if required, and is situated twixt High Street and the Esplanade with close proximity to the picturesque harbour and quay.
The property has been the subject of considerable renovation to a high standard and benefits from replacement wooden double glazed sash windows, gas central heating, hard wired fire alarm system, re-plastering and en suites have been added to 4 of the bedrooms.
The accommodation briefly comprises:- Steps lead up to a hardwood front door giving access into a reception hall with doors to all the principal rooms leading off, fire panel and stairs leading both down to the basement and up to the first floor.
Lounge with double aspect with rear doors leading out to the large patio garden, to the opposite side of the hallway there is a recently re-fitted kitchen comprising of both base and eye level units with adjacent roll edge work surface and inset stainless steel sink, inset double oven with gas hob with extractor canopy over, integrated fridge and dishwasher.
Floor is fully tiled and there is ample room for table and chairs.
Taking the stairs down to the basement there is a useful area with plumbing for washing machine and cupboard housing the boiler, there is also an additional cupboard which houses the hot water cylinder.
Moving up through the property onto the first floor there is a half landing with rear window and onto the first floor landing with door to bedroom 1 with en suite comprising a fully tiled double shower, low level w.c.
Pedestal wash handbasin and extractor fan. Also on this floor is door to bedroom 6 and to the far end of the hallway there is a separate w.c. With low level w.c.
Wash handbasin, part tiled walls and tiled floor. Stairs then lead up to the second floor with bedroom 2 with en suite comprising a double shower cubicle, low level w.c.
Wash handbasin, tiled floor and walls and extractor fan. To the other side of the hallway is bedroom 3 again with an en suite comprising a double shower cubicle, low level w.c.
Wash handbasin and extractor fan. Stairs lead up to the third floor to 2 further bedrooms with bedroom 4 having a en suite bathroom comprising a panelled bath, pedestal handbasin, low level w.c.
Tiled walls and floor and extractor fan. On the opposite side of the hallway door to bedroom 5.
Outside of the property there is a particularly spacious patio garden measuring approximately 36' x 14' and is fully enclosed with inset lighting within the patio which looks particularly attractive at night.
Viewing of this extremely well presented and spacious property is strongly advised. There is an option of continuing the current lease (approx.
9 years remaining) for 5 car parking spaces nearby at ?60 per month.
North Devon Council is the landlord of the car parking spaces The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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About 17 Regent Place, Ilfracombe Devon, Devon
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