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See how verdicts work1-bedroom house · EX31 1GW
Sold STCReduced £25k (−14.3%) on 25 OctListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to the market is this recently modernised McCarthy & Stone retirement flat located in the desirable development of Port Mill Court.
Available to buyers aged 60 years or above, this is a fantastic opportunity to acquire low-maintenance yet spacious accommodation within walking distance of Barnstaple Town centre and nearby amenities.
The welcoming central Hallway provides access to all principal rooms, with the kitchen accessed via the living / dining room.
The contemporary Shower Room offers a practical walk-in shower, low-level wash basin with under-sink storage, and a WC.
The spacious Bedroom provides built-in wardrobes, ample space for free-standing furniture, and enjoys a balcony overlooking the town centre and nearby estuary.
The bright and spacious Living Room enjoys a sunny aspect with access to another private balcony overlooking Barnstaple Town Centre and offering attractive river views towards Rolle Quay.
The room also features a fireplace with electric fire and the added benefit of a Careline emergency response system.
The property benefits from a newly fitted modern Kitchen featuring a range of contemporary wall and base units with wood-effect worktops and integrated appliances, including an electric hob, microwave and fridge / freezer.
The space also provides attractive views across the river, town and Rolle Quay.
Residents of Port Mill Court benefit from a selection of well-kept communal amenities, including pleasant landscaped gardens and a conveniently located shared laundry facility.
Resident parking may also be available by request, subject to availability, adding further appeal for those seeking on-site parking.
Directions Directions to this property can be easily found by using What3words: From our Office on Boutport Street, proceed up Bear Street to the junction with traffic lights and turn left.
Continue to the next roundabout and proceed straight across. At the next roundabout, turn left and at the following roundabout, turn right to cross the River Yeo.
Turn right into Mills Way where Port Mill Court will be located on your right hand side. Upon gaining access, continue through the doors turning right and take the lift to the Third Floor.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Mills Way, Barnstaple, Devon
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