1-bedroom flat · EX22 6DL
Sold STCReduced £20k (−18.2%) on 19 JulListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Square, Holsworthy The flat is accessed via a communal entrance hall shared with two other flats and a private door leads into a light and airy open plan living area, enjoying a southerly aspect and commanding views over the town square with separate modern fitted kitchen, incorporating oven and hob, Full height fridge/freezer and washing machine.
At the far end of the flat is a double bedroom and there is also a modern bathroom/WC with electric shower over the bath and glazed screen. In the bathroom is a useful airing / store cupboard.
Although there is no private outdoor space with the flat it is close to several green spaces within the town and is a short walk for the towns lovely park.
Situated in the heart of town enjoying a southerly aspect over the towns square one can sit back in an elevated location and enjoy watching the world go about its business.
Within a stones throw of the flat are a wide range of retail outlets, bars, café’s and takeaways/eateries.
Holsworthy is a popular market town only 20 minutes drive form the north town of Bude which offers access to some beautiful coastal walks and sandy beeches famed for their excellent surf.
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.
Area
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FAQ
About Flat 2, 2-3 The Square, Devon
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