3-bedroom flat · EX34 7DR
For saleListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Headland Court is a purpose built first floor apartment occupying a central position within the sought after village of Mortehoe.
The apartment forms part of a well maintained building of just six homes, creating a setting that feels established, cared for and easy to manage.
A communal entrance with entry phone system leads to the first floor, where the apartment opens into a notably spacious lobby with built in storage.
From here heading inside the apartment, a long central hallway connects the principal rooms and adds to the feeling of space and order within the home.
At the far end, the main living area is particularly appealing, with a bright double aspect lounge and dining room enjoying views across the surrounding countryside and nearby National Trust land.
This is a room with both width and natural light, offering plenty of space to relax, dine and entertain while maintaining a clear connection to the surrounding landscape.
The kitchen is arranged with a range of base and eye level units, work surfaces and an inset sink, together with a built in double oven, hob and integrated dishwasher.
There is also space for a washing machine and upright fridge freezer.
Like the main reception room, the kitchen enjoys a pleasant outlook across the countryside, which adds to the overall sense of openness.
The apartment provides three good size bedrooms, offering flexibility for visiting family, guests or home working.
The principal bedroom benefits from an en suite shower room with enclosed shower, vanity unit and wc.
The main bathroom has also been refitted and includes a bath with shower over, wash hand basin and wc, together with tiled surfaces, a heated towel rail and underfloor heating.
Outside, there is a private parking area with an allocated space for each apartment.
Overall, the apartment combines size, outlook, practicality and village setting in a way that will appeal to buyers looking for a main home, second home or holiday let on the North Devon coast.
Agents Note: The property is shared freehold with 1/6th share of the freehold and there is 968 years unexpired on the lease.
The current maintenance payments are £95pcm which includes the building insurance payments, maintenance of the common parts, garden & parking and allows for the building to be painted on a 4 yearly cycle, and there is no ground rent.
There are no restrictions on long term or short term letting. Pets are only permitted with the consent of all the freeholders. Headland Court also run their own managment company.
Applicants are advised to proceed from our offices in a westerly direction heading out of town on the main A361 sign posted Barnstaple.
At Mullacott Cross roundabout take the right hand exit sign posted Woolacombe & Mortehoe and continue along this road for approximately 2 miles.
Shortly after Turnpike Cross turn right sign posted Mortehoe just before the Fortescue Public House and continue along this road for approximately two and a half miles into the village of Mortehoe.
Upon entering the village proceed down the hill and turn first right immediately after the post office into North Morte Road.
Headland Court will be found immediately on the left hand side of the road.
Entrance Lobby 3.07m x 1.6m Inner Hallway 7.62m x 0.86m Lounge/Diner 8.23m x 3.99m Kitchen 3.1m x 2.6m Bedroom 1 3.28m x 3.25m En-Suite 2.54m x 0.86m Bedroom 2 3.28m x 3.05m Bedroom 3 3.28m x 2.57m Bathroom 2.57m x 1.78m
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Mortehoe, Woolacombe, Devon, EX34
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