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See how verdicts work3-bedroom terraced house · EX34 8AP
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and characterful three-bedroom terraced house offers an exciting opportunity for buyers looking for a property with great potential.
Although the property is in need of refurbishment, it provides a fantastic opportunity to create a wonderful home tailored to individual tastes and requirements.
Arranged over multiple floors, the property offers generous and versatile accommodation, including three bedrooms and two bathrooms, with plenty of scope to modernise and improve while retaining its existing character and charm.
The spacious layout provides a great foundation for creating a comfortable family home, second home or holiday retreat.
Located in Ilfracombe, the property is ideally suited to those looking for a project, with the potential to add value through refurbishment and updating.
With its characterful features, spacious accommodation and excellent potential, this is a property that should not be overlooked.
Ilfracombe is a historic Victorian seaside resort and provides shopping facilities as well as other amenities such as a building society, library, post office, schools, cinema etc.
There are a number of attractions within walking distance including Damien Hirst's now famous Verity statue situated on the harbour, the new watersports centre, the award-winning Ilfracombe Aquarium, the unique Tunnels Beaches and many more.
You will find numerous events and festivals throughout the year, many based on the quayside at the historic harbour and at the prestigious Landmark Theatre on the seafront.
There are many fine and award-winning beaches close by, from secluded coves to wide stretches of golden sand with crashing surf.
For beaches, visit Hele Bay to the east of the town for good bathing and rock pool exploring.
Putsborough, Woolacombe and Croyde are within easy motoring distance, whilst North Devon's regional centre of Barnstaple is approximately 20 minutes' driving time.
Directions With office on your left-hand side, proceed until the first set of traffic lights. At the lights take a right-hand turn into Northfield Road.
Continue along this road for a short distance and opposite Armada Close you will see a sign on the right stating Northfield Terrace.
Follow this pathway down and you will find the property found on your left-hand side clearly stated number 2. For those that are driving, the nearest available parking is in the high street.
A low maintenance courtyard garden offering a private area to relax in. Agents Notes This property is registered under a Freehold tenure.
It falls under Devon Local Authority, with a flood risk recorded as Very Low and is within the Ilfracombe Conservation Area.
Services include gas central heating and mains gas, electric, water and sewerage. Parking is None and outside space is a small courtyard garden.
The property is in Council Tax Band B with an annual cost of about £2,055. The EPC rating is D. There are No known building safety issues and planning history No planning.
Connectivity is good, with broadband speeds up to 80 Mbps, mobile coverage Good, and TV/satellite services via BT and Sky, with Virgin unavailable.
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.
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FAQ
About 2, Northfield Terrace, Devon
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