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See how verdicts work3-bedroom terraced house · EX34 8DQ
For saleListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Richmond Avenue is a popular cul-de-sac within just a few hundred yards from Ilfracombe town centre and benefitting from ample on street parking.
The property has been well maintained over recent years and includes double glazing and gas central heating, and would be an ideal first time purchase or buy to let investment.
The accommodation briefly comprises an entrance hall with further door leading into the hallway with an original tiled floor and stairs leading up to the first floor.
A door way leads in to the dining room, which in turn leads in to a light and airy living room.
The kitchen/diner is located at the rear of the property, and comes fully equipped with a comprehensive range of units, and built in appliances.
Moving up through the property on to the first floor, there are three bedrooms and a family bathroom.
Bedroom 1 and 2 are good size double room and Bedroom 3 is an adequate single room, which could also be utilized as an office. The bathroom is a large, light and airy room.
Outside to the rear of the property, there is a raised paved patio which is fully enclosed and low maintenance, with ample room for table, chairs and bar-be-cue for "al fresco" dining.
Outside to the front of the property there is ample on street parking with steps leading up from the road to the front door.
Webbers the sole selling agents strongly advised an early internal viewing to fully appreciate the size and accommodation on offer.
AGENTS NOTE: The property has solar panels and they help reduce the running costs.
Ilfracombe town centre has a variety of small independent shops as well as larger supermarkets, schools for all ages, a health centre, cottage hospital, theatre, post office and a bank.
The picturesque sea front and harbour has further shops, bars and some fantastic restaurants.
Wildersmouth Beach and the famous Victorian hand carved "Tunnels" beach are along the esplanade which leads down to the picturesque harbour and the renowned artist Damien Hirst's influence can be felt by the addition of many art galleries which have appeared over recent years together with his majestic 60ft tall "Verity" statue at the harbour mouth.
Applicants are advised to proceed from our offices in Ilfracombe High Street in a westerly direction following the road into Church Street, pass through the traffic lights and at the roundabout take the first turning and immediately right sign posted Lee Bay, follow this road and bear right and the junction, and right again into Richmond Avenue and No 5 will be found on the left hand side.
Ground Floor Porch Entrance Hall Living Room 4.24m x 3.76m Dining Room 3.18m x 3.1m Kitchen/Diner 5.18m x 3.28m First Floor Bedroom 1 4.32m x 3.07m Bedroom 2 3.23m x 3.2m Bedroom 3 3.12m x 1.55m Bathroom 3.2m x 2.26m WC
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 Richmond Avenue, Ilfracombe, Devon, EX34
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