2-bedroom flat · EX35 6JA
For saleListed 392 days
Opportunity summary
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About
A spacious 2 bedroom, 2 bathroom Apartment in central Lynton, with fabulous views of the dramatic North Devon coastline & out to Wales. Available with no onward chain. EPC Band E. Council Tax Band B.
Leasehold. Situation & Amenities - Lynton is twinned with Lynmouth, and together they offer a good range of pubs and restaurants, shops, small supermarkets and tea rooms. There is even a cinema.
Lynmouth is set on the banks of the River Lyn, overlooks the sea and can be reached by a cliffside railway.
More extensive shopping facilities and amenities are available at the larger town of Ilfracombe – about half an hour, and the regional centre of Barnstaple about 45 minutes.
The world-renowned surfing beaches at Woolacombe, Putsborough, Saunton (also with Championship Golf Course) and Croyde are also about 45 minutes by car.
The North Devon Link Road (A361) is about 40 minutes’ drive and eventually joins the M5 Motorway network at Jct.27, where Tiverton Parkway offers a fast service of trains to London Paddington in just over 2 hours.
The nearest international airports are at Bristol and Exeter.
Description - Number 2 is a Ground Floor Apartment, which benefits from being one of only two properties in Imperial Court that has its own private garden.
We understand this used to be the front of the original Imperial Hotel and offers superb panoramic views with a very sunny position, currently laid to patio slabs immediately abutting the property which in turn leads to a central garden area enclosed by a low fence to take advantage of this location.
Accommodation - The property is approached via a communal hallway which is carpeted and extremely well maintained.
The accommodation comprises; Entrance hall with built in cupboard space, this leads to the rest of the accommodation. Both bedrooms are doubles, include en-suites and enjoy wonderful views.
Bedroom 2 has direct access to the garden.
The impressive sitting room makes the most of the stunning views and includes a single door which opens out onto the private patio terrace this also includes a fireplace with electric fire.
The kitchen is of good size and includes a range of wooden units with integrated appliances.
Outside - The garden to the property is completely private and enjoys stunning views of the cliffs, the sea and Wales in the far distance.
From the back is a large patio area which is ideal for seating, and has an assortment of mature shrubs and plants, which is enclosed by a low fence to take advantage of the stunning location.
Services - All main services of electric, water and drainage are connected. Lease Information - 965 Years remaining of a 999 Year Lease. Service Charge of £200.00 pcm.
For further information please contact the Selling Agent.
Value & comps
No previous sales on record.
Returns
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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.
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