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See how verdicts work2-bedroom flat · EX36 3BQ
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 Bidders Court is a deceptively spacious and well-presented two-bedroom ground floor flat, conveniently positioned within easy reach of the town centre.
The property forms part of the attractive redevelopment of the former Bidders Court building, which was completed in 2016 to create just five individual homes.
The accommodation is well arranged and includes a comfortable living room opening through to a spacious kitchen/dining room.
There are two bedrooms, with the principal bedroom benefiting from an additional dressing or study area, together with a well-appointed bathroom and gas-fired central heating.
To the rear, the kitchen opens directly onto a private enclosed courtyard, providing a useful outside space.
The property also benefits from a private allocated parking space situated just a short distance away.
An appealing and conveniently located home, ideally suited to first-time buyers, investors or those looking to be close to the town centre.
Nb: Please note that some photographs within these property particulars have been digitally enhanced using ai for presentation purposes.
Edits are intended to improve lighting, colour, perspective and/or reduce visual clutter. No alterations are intended to misrepresent the property’s structure, layout, permanent features or condition.
Prospective purchasers should satisfy themselves as to the property’s appearance and condition during their viewing. From our office on The Square, proceed out of town along Barnstaple Street.
Bidders Court can be found on the left hand side, just beside Chanters Bakery. No 1 is located on the road side.
Parking space is located at the top of Widgery Drive on the right hand side, clearly marked with a footpath leading to Bidders Court.
Services All mains services connected Council Tax Band A Tenure And Service Information We are advised by the vendors that the property is leasehold, with the leaseholders also owning a 50% share of the freehold.
The lease was granted in 2016 for a term of 999 years. We understand the remaining 50% share of the freehold is held by South Molton Abbeyfield Society.
We are advised that the parking space is on a separate title and is freehold which is to be sold with 1 Bidders Court.
Buildings insurance is shared with the flat above, with the vendors currently contributing approximately £220 per annum (correct as at September 2026).
We are advised that the owners of Flats 1 and 2 are jointly and equally responsible for the maintenance of the structure of the building.
Agents note: Prospective purchasers should ask their legal adviser to verify the tenure, freehold ownership, insurance costs, ground rent and maintenance obligations.
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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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 1, Bidders Court, Devon
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