2-bedroom flat · EX39 1TJ
For saleReduced £3.5k (−2.1%) on 1 JulListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever-popular and highly sought after Bay View Road, this attractive first floor 2 Bedroom apartment forms part of a small and select development of houses and apartments, enjoying a peaceful setting in one of the area’s most desirable locations.
The apartment has been thoroughly improved by the current owner and is presented in smart, tasteful order throughout, with recent enhancements including redecoration and new carpets, making it a very appealing home for those seeking something ready to move straight into.
The property is approached via a Communal Entrance Hall with stairs rising to the first floor where the apartment is found.
Once inside, the accommodation immediately feels light and airy, helped greatly by the notably high ceilings which run throughout and add to the overall sense of space.
The Living Room is a particularly pleasing room, well-proportioned and comfortable, with a large double glazed window allowing in plenty of natural light.
Positioned directly opposite is the Kitchen, which, whilst compact, is well-designed and well-equipped, offering a range of grey base and eye-level cabinets with matching drawers, woodblock-style work surfaces and stylish splashbacking.
There is a built-in oven and hob with extractor over and a built-in washing machine.
The Main Bedroom is a good sized double room with a double glazed window and fitted contemporary-style wardrobes arranged to either side of the bed, together with useful overhead storage.
A further thoughtful addition is the ceiling light which is also equipped with a fan, enhancing comfort particularly during warmer months.
The Second Bedroom is also a very useable room, suitable as a small double, guest room, home office or dressing room, and benefits from a double glazed window to the front as well as access to a large storage cupboard.
The Shower Room has been stylishly updated and comprises a WC, pedestal wash hand basin, heated towel rail and a corner shower enclosure with both rainfall shower and hand attachment.
Externally, the property benefits from well-maintained communal grounds along with an allocated parking space and additional visitors’ parking.
There is also a useful bin and recycling store for residents. Further benefits include electric wall mounted radiators and the enjoyment of some sea views from the front of the property.
Altogether, this is a very well-presented apartment in a quiet yet convenient setting, ideal for those seeking a comfortable home close to amenities and within a highly regarded location.
An internal viewing is strongly recommended to fully appreciate all that is on offer here. Directions From Bideford Quay proceed towards Northam proceeding straight across the Heywood Road roundabout.
Follow this road bypassing the right hand turning for the village of Northam and turn left onto Bay View Road. Take the next left hand turning into Bay View Court.
One of our agents will meet you here and take you to the property. Agents Note The property is held on the balance of a 125-year lease commencing from April 1992.
A management company, Bay View Court Management Company Ltd, has been established and, together with Peninsula Management South West, is responsible for the upkeep of the building’s exterior and communal areas, as well as the provision of buildings insurance.
Each apartment owner holds a share in the management company. The current annual service charge is £1,280, which includes the ground rent.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 6, Bay View Court, Northam
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