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See how verdicts work1-bedroom flat · EX39 2NP
Listing removedListed 877 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Placed in a convenient location being a short and level walk from Bideford Town Centre is this 1 Bedroom Second Floor apartment specifically designed for the active retired.
The property is well-presented throughout and enjoys the benefit of independent living whilst having plenty of community spirit.
The property offers a Bedroom with fitted wardrobes, a spacious Living Room with adjoining Kitchen and an attractive, newly fitted Shower Room.
The building has communal areas and gardens boasting views over Bideford Bowling Club for all to enjoy. There are also guest bedrooms available at a low cost for visiting family.
Offered for sale to the market at a competitive price with the benefit of having no onward chain, we highly recommend an early viewing of this property to avoid missing out.
Bideford is a peaceful olde worlde market town on the River Torridge.
The main district is on the west bank and its narrow streets filled with white painted houses sprawl from the working quay, up the slopes to the outer suburbs.
A former historic port town, Bideford is a great place to explore, whether it’s a trip to the shops or a restaurant outing there's something for everyone.
The Pannier Market is a brilliant example of the town’s originality, with its terrace of artists’ workshops and independent shops.
The town also champions sports at a grassroots level with both the local rugby and football teams having healthy followings.
There are no end of ways to join in the community spirit of this wonderful white town on the hill. All the amenities you'll ever need are to be found within easy reach of Bideford.
To the north are the coastal towns of Westward Ho!, Appledore and Northam, all of which will figure in your day-to-day routines if you enjoy the sea or the outdoor life.
Northam boasts a brilliant indoor swimming pool and gym.
Bideford is within short driving distance of the Atlantic Highway (A39) which is the main feeder route across the region leading to Cornwall in the south-west and to the M5 in the east.
A regular bus service provides access to North Devon’s ‘capital’, Barnstaple. Bus users can also reach Westward Ho!, Braunton, Appledore, Croyde and Ilfracombe.
Directions From Bideford Quay proceed towards Northam passing the Texaco Petrol Station on your right hand side.
Take the turning opposite onto Chingswell Street where Strand Court will be situated immediately on your right hand side. Communal Entrance Hall Security door off. Intercom facilities.
Lift or stair access to Second Floor. Private Entrance Hall Fitted carpet, coved ceiling, intercom facilities. Door to airing cupboard housing boiler.
Door to cupboard housing utility meter and fuse box.
Bathroom (5' 6" x 6' 10") 3-piece suite comprising close couple dual flush WC, vanity wash hand basin with cupboard below and double shower enclosure with rainforest head shower and hand shower attachment.
Vinyl flooring, coved ceiling, heated towel rail, extractor fan, illuminated mirrored cabinet.
Bedroom (15' 9" x 12' 2") Fitted carpet, TV point, telephone point, coved ceiling, wall mounted electric heater. Built-in mirror-fronted wardrobe. UPVC double glazed window.
Living Room (19' 9" x 10' 7") UPVC double glazed window. Feature fireplace housing electric fire. Fitted carpet, telephone point, TV point, coved ceiling, wall mounted electric heater.
Glazed double doors to Kitchen. Kitchen (7' 7" x 7' 7") Stainless steel sink unit inset into rolltop work surface with matching cupboards above and below.
Built-in 4-ring electric hob with extractor hood above, built-in eye level oven, space for fridge / freezer. Vinyl floor covering. UPVC double glazed window.
Outside There are well-maintained communal gardens. Residents are not given an allocated parking space - parking is on a first come first served basis.
It is understood that a residents permit parking pass is available for parking on The Strand.
Lease Details Leasehold - Balance of a 125-year Lease which commenced in May 2001 Occupancy restriction of 60 plus years of age to be able to purchase this property.
However, the purchaser’s partner can be 55 plus years of age Ground Rent = £350.00 per annum Service Charge = £3069.66 per annum Useful Information Careline which ensures help is at hand 24 hours a day, 365 days a year Camera entry system at the main entrance door which is connected via your TV so you can view a visitor through a specific channel before letting them in Resident House Manager (does not perform any carer duties).
There are no care related services available Guest Suite with twin beds and En-suite Shower Room where friends / relatives can stay for the night at a reasonable charge
Value & comps
No previous sales on record.
Returns
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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.
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About 31 Strand Court,, Chingswell Street, Devon
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