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 work2-bedroom flat · EX39 2RR
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away within an exclusive development of just four apartments, this spacious first-floor home occupies a highly sought-after position on Goodwood Park Road, one of Northam`s most desirable residential addresses.
Offered to the market for the first time since its construction in 1979, opportunities to purchase within Grosvenor House are exceptionally rare.
The apartment itself offers generous, well-proportioned accommodation throughout.
A bright and spacious 16ft lounge/dining room is enhanced by two attractive box bay windows, creating a light-filled living space.
The kitchen/breakfast room provides ample room for everyday dining, while an inner hallway leads to two comfortable double bedrooms and a family bathroom.
Recently redecorated throughout and benefiting from gas-fired central heating, the property is ready for immediate occupation.
With no onward chain, it presents an ideal opportunity for buyers seeking a home they can personalise in a highly regarded location.
Externally, residents enjoy communal gardens, which are traditionally maintained on an individual basis, together with a communal parking area to the front of the building.
Offered with the remainder of a 999-year lease from 31st March 1979, the annual Residents` Association charge is approximately £750 per annum, covering buildings insurance, ground rent and the maintenance of the communal areas.
Properties within Grosvenor House are seldom available, making this a rare opportunity to secure a spacious apartment in one of Northam`s most desirable locations. Early viewing is highly recommended.
Enjoying a peaceful yet convenient setting, the property is within easy reach of Northam village, offering a range of everyday amenities including a supermarket with Post Office, local shops and cafés.
Bideford`s bustling quayside and town centre are just over a mile away, while the popular coastal resort of Westward Ho!, with its golden sandy beach, championship golf course and scenic coastal walks, is less than two miles from the property.
Excellent road links via the nearby A39 provide swift access to Barnstaple and the M5.
what3words /// toys.battle.pushy Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Goodwood Park Road, Northam
Explore nearby