2-bedroom bungalow · EX34 8JX
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£10,000 your way incentive - use it towards upgrades, legal fees, your deposit, or the costs that help turn your move into reality.
Alternatively, make your mortgage feel lighter with up to £400 towards your mortgage payments for 2 years. * last two bedroom bungalow with integral garage * show home now ready to view!
Within walking distance from the town of Ilfracombe, sits the Elan Homes stunning new development - Seascape.
Seascape is a unique collection of 51,2,3 and 4 bedroom homes and bungalows with spectacular views of the sea.
Plot 9, is a detached 2 bedroom bungalow with spacious bright and airy accommodation, known as The Atherington, and is priced at £279,995 The accommodation is stylish, spacious and bright and airy with the heart of the home being the impressive 22ft long open plan kitchen, lounge and dining area.
Within the room there are feature French doors that perfectly frame the delightful and far reaching sea and coastal views, and open onto a Juliet balcony.
The kitchen has sleek modern units complimented by integrated appliances which include a gas hob with an extractor canopy over, an electric oven and microwave and a 50/50 fridge/freezer.
There is also plumbing for a washing machine. A rear hallways leads down to the two bedrooms and the bathroom and has a door out onto the rear garden.
The bathroom comprises a modern white suite with a shower over the bath. The two bedrooms are generously sized with bedroom one having French doors out onto the garden.
There is high efficiency gas fired central heating and uPVC double glazing.
Outside, at the front of the bungalows there is a landscaped area of garden and an off road parking space that sits in front of the integral garage which sits underneath the property.
The rear garden is a good size, sunny and level.
For those who may be interested in buying this property to let out, there is an excellent potential monthly rent of £1,000 - £1,100 per calendar month (£12,000 - £13,200 per annum).
Ilfracombe has been a population seaside destination for people since the Victorian Era, the town really does have something for everyone.
For those interested in history there are The Tunnels which were hand carved in the 1820’s which lead down to the Tunnels Beach.
There is also a plethora of Victorian buildings and architecture which are all still intact to explore.
Hillsborough Hill dominates the harbour and the site of an Iron Age fortified settlement giving beautiful views across the town.
For those who enjoy the outdoors, being so close to the coast will be a dream come true.
With several beaches, its own harbour and being surrounded by cliffs with plenty of coastal walks it really speaks to the inner adventurer.
There are also many different sporting clubs including, Football, Rugby, Golf, Cricket, Tennis, Running and many more!
The town is full of culture, including many different carnivals, markets and art galleries.
If retail therapy is more your thing, there is a quaint selection of independent retailers in the town or further afield is the town of Barnstaple with a mix of independent and established shops, a perfect way to spend a day.
When considering a new home, if schools are a major factor, Ilfracombe has nurseries, a primary and secondary school within close distance and all rated Good by ofsted.
To reserve your new home: Buyers must be in a position to buy immediately.
A reservation agreement will need to be signed and a reservation fee of £1,000 is payable; this fee goes towards the purchase price of the property.
Contracts are to be exchanged within 8 weeks of the buyer's solicitor's receipt of the draft paperwork.
Agents note: The pictures shown are to give an idea of the internal finishings and may vary according to each individual plot and internal layout.
Applicants are advised to proceed from our offices in a westerly direction along the High Street taking the first left hand turn into Marlborough Road immediately opposite Co-Op supermarket.
Proceed up the hill and follow the road around to the left and continue up Marlborough Road passing the Fire Station and Infant School.
Take the third turning on the right hand side immediately opposite the entrance to Marlborough Way (and Football Club) into The Shields.
Proceed along the road for approximately 100 metres where the entrance to Seascape will be found on the left hand side.
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 Plot 9 Seascape,, The Shields, Devon
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