We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · EX34 9AZ
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly impressive 1100 Sqft warehouse conversion, centrally located and offered for sale with no onward chain. The property also benefits from an outside courtyard area.
If you're looking for a property that offers an impressive amount of space with a quirky twist, then look no further.
This unique 3-bedroom warehouse conversion is centrally located, just a short distance from local shops and public transport links.
Upon entering the property, stairs lead directly to the first-floor landing, while a door takes you into the spacious ground-floor accommodation — over 50ft in length.
This expansive area is split into two main sections: a welcoming living room with a front-aspect window and feature fireplace, and a large, open-plan kitchen/dining room.
The kitchen is well-fitted with modern units, an island with a breakfast bar, and ample room for a generous dining table — making it an ideal space for entertaining.
There’s also a large walk-in storage cupboard and direct access to a private courtyard garden, perfect for outdoor relaxation. Upstairs, the first-floor landing leads to all bedrooms.
The principal bedroom is particularly spacious and includes a dressing area. Bedroom two is another comfortable double, while bedroom three is a well-sized single.
A modern fitted family bathroom completes the accommodation. Agents’ Notes: The property is Freehold, including the lease of Fingles Cottage, held on a new 999-year lease from approximately 2015.
We understand that the leaseholder of Fingles Cottage is responsible for an annual ground rent of £100 and 25% of any maintenance costs, payable only as and when required.
Buyers are strongly advised to have their solicitor review and confirm the lease terms, ground rent, and maintenance obligations during the conveyancing process.
Please note: There is no allocated parking with the property. However, given the central location, parking is available in nearby public car parks.
Ilfracombe town offers a variety of independent shops along with larger supermarkets both in and out of town including Lidl, Tesco and Co-Op with further shops, art galleries, restaurants and bars within the area.
The picturesque seafront and harbour area is where the renowned artist Damien Hirst influence can be found along with his 60’ ‘Verity’ statue at the harbour entrance.
In addition is the exciting new water hub and café making the harbour area 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 the Australia’s Golden Coast and Malibu in California.
In addition Exmoor National Park offers breath taking scenery with miles and miles of walks.
Barnstaple, North Devon’s main trading centre is approximately 12 miles away with many of the big name shops and rail link to the intercity network at Tiverton. Ready to take the next step?
Whether your home is on the market, or you’re just thinking about selling, now or in the future, and you’d just like some advice, we’d love to help! Andrew Carr Sales Nicola Draper Lettings 1.
MONEY LAUNDERING REGULATIONS – Prospective buyers will be asked to provide identification information at a later stage. We kindly request your cooperation to avoid any delays in finalising the sale.
2. These particulars do not form part of an offer or contract. 3. The measurements provided are for guidance purposes only and should be considered approximate. 4.
Potential buyers are advised to recheck the measurements before committing to any expenditure. 5. Douglas and Dean have not tested any appliances, equipment, fixtures, fittings, or services.
It is in the buyer’s best interest to check the working condition of any appliances. 6. Douglas and Dean have not verified the legal title of the property.
Buyers must obtain verification from their solicitor. 7. Mobile or broadband coverage checks have been carried out via the Ofcom website at time of instruction.
Buyers are advised to make their own checks before committing to any expenditure.
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.
Area
Agent & docs

FAQ
About Marine Place, Ilfracombe, North Devon, EX34
Explore nearby