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See how verdicts work6-bedroom detached house · EX39 3PA
Listing removedListed 610 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £435,500 based on an average saving of 33%.
Market Value Price: £650,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £650,000, please contact the estate agent Webbers.
Property description Greenbanks in Hilltop Road is a substantial and characterful Victorian, detached residence which sits in an enviable elevated position within this sought after area of First Raleigh in Bideford.
Offering six/seven bedrooms the accommodation is particularly spacious expanding to over 3500SQFT (not including the garage).
With two bedrooms positioned in the Annexe which houses its own kitchen and washing area this property is ideal for multigenerational living, growing family or a perfect Airbnb or holiday let.
The property itself is very impressive with typical victorian period features running though its design and sits centrally in its plot with wrap around gardens to all four elevations.
Approached via a tarmac path to the side/front door and an enclosed veranda the main door leads into an entrance lobby area with a fantastic stained glass internal door leading into the main hall.
Expanding across the depth of the home a wonderful staircase leads up to the upper floors with its original doors separating the ground to the main central hall with a downstairs cloakroom located underneath.
To the immediate right is the living room which is blessed with two broad windows and a large fireplace creating a fantastic focal point to the room.
It is worth mentioning that all the reception rooms have either large bays or duel aspect windows flooding light into each space.
The other side of the hall is a separate sitting room, which could be used as an additional quiet area or dining room for more formal dining occasions.
The third reception room is behind the lounge and features another focal fire place and is currently being used as a study.
The kitchen breakfast room is also positioned off the hall and again is impressive in its dimensions.
Offering a perfect social and entertaining space for all of the family the kicthen area has a range of built-in storage cupboards, inset sink and drainer, space for a cooker and a wooden preparation area.
There is space for a dining table as well as a small seating area set into an inglenook chimney breast.
Continuing upstairs and four of the five bedrooms are positioned off the landing with a second set of stairs leading up to the attic bedroom and eaves storage cupboard.
Each bedroom is a spacious double with many benefitiing from double height ceilings and period features and is complmented by two separate bathrooms.
The annex can be self catering with its own separate entrance, kitchen, bathroom and two bedrooms.
This is a hugely adaptable and ideal for an investment or a dependent relative or some teenage independence. Heading back outside and there is a driveway with room to park four / five vehicles.
The lawns circumvent around the property which is shielded by high level privet hedges with a timber shed positioned towards the rear. In total the plot sits on just over 1/3rd acre.
Tenure - freehold services - all mains connected council tax - G EPC -E The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
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FAQ
About Greenbanks Hilltop Road, Bideford Devon, Devon
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