1-bedroom flat · EX34 9NS
For saleReduced £3k (−1.9%) on 14 OctListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented penthouse one-bedroom apartment enjoying wonderful far-reaching views over Capstone and across the Bristol Channel.
Occupying the top floor of an attractive and characterful property, this well-appointed apartment offers light, comfortable and stylish accommodation in a sought-after coastal setting.
The property is presented to a very good standard throughout and would make an ideal permanent residence, second home, holiday retreat or investment opportunity.
The apartment is approached via a particularly charming and well-maintained communal hallway, which immediately reflects the character of the building.
From here, stairs rise to the penthouse level, where the apartment enjoys an elevated position and a lovely sense of privacy.
Once inside, the accommodation is bright and welcoming, with the main living area taking full advantage of the outlook.
A window seat provides the perfect spot to sit, relax and enjoy the impressive views over Capstone and towards the Bristol Channel beyond.
The elevated aspect gives the apartment a wonderful feeling of space and light, while also creating a peaceful and cosy atmosphere.
The living space offers room for both relaxing and dining, with the kitchen area arranged to provide practical storage and workspace.
The layout is well suited to modern day living, whether used as a main home, a coastal base or a holiday let.
The double bedroom is well presented and includes fitted sliding-door wardrobes, providing useful built-in storage while helping to maximise the floor space.
The room is comfortable and neatly arranged, offering a calm and inviting place to retreat.
The modern shower room is fitted with a shower enclosure, WC and wash hand basin, finished in a clean and contemporary style.
Externally, the property benefits from private parking to the front, a valuable feature in this location and a particularly convenient addition for owners, guests or tenants.
Overall, this is a delightful penthouse apartment combining character, comfort and coastal views, with the added benefit of private parking.
Its attractive presentation, elevated outlook and well-proportioned accommodation make it a highly appealing one-bedroom home in a desirable seaside position.
Ilfracombe is a popular Victorian seaside town on the spectacular North Devon coastline, well known for its picturesque harbour, dramatic coastal scenery and wide range of local amenities.
The town offers a good selection of independent shops, cafés, restaurants, galleries and traditional pubs, along with popular attractions including Damien Hirst’s Verity statue, the historic harbour, Tunnels Beaches, the Landmark Theatre and the Ilfracombe Aquarium.
The South West Coast Path is close by, providing superb walks and sea views, while the renowned surfing beaches of Woolacombe, Croyde and Saunton are within easy driving distance.
Exmoor National Park is also readily accessible, offering beautiful countryside, walking routes and scenic drives.
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.
Area
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FAQ
About Flat 4, 1, The Hollies, Ilfracombe
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