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See how verdicts work1-bedroom flat · EX33 1AA
For saleReduced £10k (−6.7%) on 22 JulListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one bedroom first-floor flat, centrally situated in the desirable and highly sought-after coastal village of Braunton in North Devon.
This modern and elegantly styled home offers well-proportioned accommodation throughout, beginning with a welcoming entrance hall and access via communal stairs.
The property features a bright and spacious living/dining area, with full height bay window, allowing the perfect space for both relaxing and entertaining, a modern kitchen comprising both base and wall cabinetry with high quality worktop, and a large double bedroom with modern shower room, all of which is finished to a high contemporary standard throughout.
Perfectly suited as a first-time purchase, investment, or coastal retreat, this charming property combines stylish interiors with an enviable village location close to local amenities and the stunning North Devon coastline.
Maintenance/Service Charges: The properties annual maintenance charge for 2026 was a total of £1596.20, to cover service charge, ground rent and buildings insurance for the property.
Lease Information: 125 years from 1st January 2007 Caen Street occupies an extremely sought after position in the popular village of Braunton.
The village itself is situated just 5 miles west of Barnstaple and has good primary and secondary schools, restaurants, pubs, local shops and also there is a Tesco superstore.
Accessed by regular bus services are the golden sandy beaches of Croyde, Woolacombe and Saunton where you can find the renowned golf club with its two championship courses.
The village enjoys easy access to Barnstaple, the historic and regional centre of North Devon affording a more extensive range of commercial, educational and recreational facilities befitting from a variety of banking, schooling, a theatre, cinema, leisure centre and restaurants, combining modern shopping amenities with a bustling market atmosphere.
The cathedral city of Exeter with its university, airport, inter-rail and motorway links is some 50 miles in distance.
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
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FAQ
About Flat 2, 15, Caen Street, Devon
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