1-bedroom flat · EX39 2AY
For saleReduced £10k (−11.8%) on 9 AugListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within Bideford’s historic Old Town, just a short walk from the High Street and Quay, this first floor flat forms part of the St Marys Flats - a centrally located block offering level access to everyday amenities.
Number 3 is positioned on the street-facing side of the building and represents a rare opportunity to acquire a freehold flat, making it particularly appealing for those seeking a long-term rental investment or an affordable town base.
The flat is accessed via a shared entrance and staircase, leading to a private front door that opens into a central hallway.
To the left, you'll find a fitted kitchen and a comfortable double bedroom, while the bathroom suite is located to the right.
At the end of the hallway, the property opens into a generous living room which spans the full width of the flat.
A characterful archway at the far end connects back into the kitchen, giving the living space a semi-open-plan feel and helping to create a more connected layout.
The property is currently tenanted and would benefit from general modernisation, but offers solid potential for enhancement.
Please note there is no allocated parking, although public parking options are available nearby.
With no onward chain and the rare advantage of being a freehold flat, this is an excellent opportunity for cash investors or buyers looking to add value. Early viewing is recommended.
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 up the main High Street taking the second left hand turning onto Grenville Street.
At the junction, continue straight on passing the left hand turning onto Bridge Street.
Continue onto Buttgarden Street to where the flat will be situated approximately half way along on your left hand side clearly displaying a numberplate.
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.
Area
Agent & docs
FAQ
About 3 St. Marys Flats,, Buttgarden Street, Devon
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