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See how verdicts work2-bedroom flat · EX39 3LA
For saleListed 510 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grade II listed ground floor two bedroom apartment with open plan living/kitchen room, modern shower room and benefitting from its own private entrance including outdoor yard area.
Occupying a most convenient location within the Northam Road residential area traditionally popular amongst all age groups who wish to be on hand for the town centre shops and quayside and other amenities including St Mary's Junior/Infants School in Chanters Road and the Victoria Park and Playing Fields all a level walk away.
THE LEASE: 125 year lease starting from 24th June 2000.
Maintenance and service charge is currently £378.68 per quarter covering - buildings insurance, cleaning of communal areas, garden and car park maintenance, outside repairs and maintenance of the water filtration plant.
Ground rent - £50 per annum. SERVICES: Mains electricity and drainage connected. Private water and a mix of double/single glazed windows. COUNCIL TAX: Band B.
DIRECTIONS: From Bideford Quay proceed up Bridgeland Street veering right at the top and continuing to the end of North Road.
At the end turn down right and upon entering Northam Road after the small roundabout, there will be a Zebra crossing with the entrance to number 15 being through a black pedestrian door your right hand side next to the crossing.
Access via a private entrance into a small courtyard with space for seating and bin storage. Door into: ENTRANCE HALL: Fitted carpet and storage cupboard.
BEDROOM ONE: 3.61m x 3.34m Fitted wardrobe and overhead cupboard space with built-in reading light. Radiator and fitted carpet.
SHOWER ROOM: Corner shower cubicle with splash boarding fitted, low level dual flush WC, wash basin vanity unit. Chrome ladder style radiator and vinyl flooring. Extractor fan.
LIVING ROOM: 6.25m x 3.28m max Radiator and fitted carpet. KITCHEN: 3.05m x 1.70m Working surface incorporating single drainer stainless sink unit, four ring gas hob with oven below and extractor fan.
Cupboards and drawers with matching wall units. Space/plumbing for washing machine. Laminate flooring. BEDROOM TWO: 2.78m x 2.74 Radiator and fitted carpet.
Built in cupboard with shelving and wall mounted gas fired boiler. OUTSIDE: Attractive communal grounds to the front of the building with level lawn area.
PARKING is available being unrestricted on Northam Road.
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 York Place, Northam Road, Bideford, EX39
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