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See how verdicts work2-bedroom flat · EX31 3FF
For saleListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern apartment is the perfect first-time investment purchase. Offering spacious accommodation situated within a popular North Devon area.
Contact our Barnstaple office for any further enquiries or viewings. This apartment is the perfect first-time investment purchase.
Comprising in brief of a large entrance hall with plenty of storage cupboards and a dual aspect lounge, providing a lot of light, then flowing into the modernised kitchen, featuring a range of base and eye level units along with plenty of preparation space.
In addition, there is an area for a small table, ideal for occasional eating.
In the property, there are two double bedrooms and a newly fitted shower room; with walk-in shower, wash basin and low-level WC.
Phillips Smith & Dunn recommend arranging a viewing appointment without delay to avoid any possible disappointment.
The apartment's lease commenced on the 1st of January 2010 and there is a remaining balance of circa 111 years.
We are told there is a maintenance fee of approximately £141.71 per month and a ground rent of £150.00 per year Phillips Smith & Dunn's rental department suggest the property to be worth around £775pcm.
Kitchen Diner - 3.76m x 3.26m (12'4" x 10'8") - Living Room - 5.58m x 3.20m (18'3" x 10'5") - Bedroom 1 - 3.19m x 3.71m (10'5" x 12'2") - Bedroom 2 - 2.40m x 3.08m (7'10" x 10'1") - Bathroom - 2.07m x 1.95m (6'9" x 6'4") - Hallway - 4.25m x 1.05/2.03m (13'11" x 3'5"/6'7") - To the outside of the property, there is an allocated parking space.
A communal shed is located to the rear of the apartment block and offers additional outside storage.
Within a short level walk to the village of Fremington which has a range of facilities including an excellent village shop, place of worship, restaurants and pubs along with excellent travel links to Barnstaple Town Centre, the regional and administrative centre of North Devon.
Situated in the valley of the River Taw, it is surrounded by beautiful rolling Devonshire countryside and some of the area’s best beaches and rugged coastal paths.
As the commercial centre of the region, the town centre offers a variety of banking, schooling and recreational facilities including a theatre, cinema, leisure centre and restaurants.
The vibrant town combines modern shopping amenities with a bustling market atmosphere.
The popular golden sandy beaches of Woolacombe, Croyde and Instow within 5 miles distance, perfect for outings with family and friends.
The A361 North Devon Link Road provides convenient access to the M5 motorway, together with Barnstaple's train network giving easy access to Exeter central station and beyond.
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
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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
Agent & docs

FAQ
About Sampson's Plantation, Fremington, Barnstaple
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