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See how verdicts work4-bedroom terraced house · EX39 4HX
Sold STCListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and highly successful contemporary coastal home, enviably positioned in an elevated setting above the River Torridge with panoramic views across the water towards Appledore.
Currently operated as a high-performing holiday let, the property is offered in true turnkey condition and would equally make a superb main home or luxurious second residence in one of North Devon’s most desirable estuary villages.
A smart Victorian-style tiled entrance hall sets the tone on arrival, opening into a bright and welcoming hallway finished in a clean, modern décor.
To the front sits the first of four generous double bedrooms, a delightful room with a broad bay window that frames the spectacular river outlook and allows natural light to pour in.
A second double bedroom lies centrally, currently arranged as a spacious twin, ideal for guests or children.
Towards the rear, the largest of the three ground-floor bedrooms offers an excellent degree of privacy, complete with built-in wardrobe, en-suite shower room and patio doors opening into a sizeable sun room.
This impressive additional living space wraps back towards the centre of the house and provides access to stone steps rising to the rear garden, creating a lovely connection between the indoor and outdoor areas.
A well-appointed family bathroom with WC, wash hand basin and bath with shower over, together with a useful storage cupboard off the hallway, complete the ground floor.
Stairs rise to the first floor where the accommodation truly comes into its own.
Here, an outstanding open-plan living, dining and kitchen space has been thoughtfully designed to maximise the exceptional estuary views.
Expansive glazing and bi fold doors to the front flood the room with natural light and open directly onto a balcony over looking the estuary – the perfect spot for morning coffee, sundowners or simply watching the ever-changing tides.
The contemporary fitted kitchen provides ample preparation and storage space, alongside room for a large family dining table, while the sitting area offers a relaxed setting for entertaining and gathering.
To the rear, further bi-fold doors open onto a private area of composite decking, enclosed by substantial stone walls to create an intimate and sheltered space for alfresco dining.
From the sitting area, a further staircase leads to the second floor and an impressive principal suite.
This generous master bedroom enjoys elevated river views and offers a peaceful retreat, with fitted storage and a large en-suite shower room featuring WC and twin “his and hers” wash basins.
The outlook from here is particularly special – a wonderful vantage point to wake up to the estuary each day.
Outside, a walkway from the rear decking leads through to a substantial area of off-road parking for 3 vehicles, accessed via large electric metal gates which provide both security and a heightened sense of privacy.
There is ample space for multiple vehicles, together with an electric car charging point – a valuable addition for modern living and continued holiday-letting appeal.
Corona has an excellent trading history as a holiday let, with strong levels of repeat business and impressive occupancy, offering purchasers an immediate income stream if desired.
Instow itself is one of North Devon’s most sought-after coastal villages, renowned for its sandy estuary beach, independent pubs and cafes, and direct access to the Tarka Trail for walking and cycling.
The nearby towns of Bideford, Barnstaple and Appledore provide a wide range of further amenities, schooling and transport links, making Corona a wonderful lifestyle opportunity in a truly special waterfront setting.
*Business Rates - £4,800 UBR, as of April 2023, 47.9p in the £.
Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
Directions - From Bideford Quay, proceed to the A39 Heywood road roundabout and take the third turning towards Barnstaple and over the new bridge.
Take the filter lane left, before the traffic lights and follow the road, turning left at the junction and drive to the bottom. At the roundabout, take the first second exit towards Instow.
Upon entering the village, bear left onto Marine Parade and the property is on the right-hand side with the property offering private off road parking accessed off of Quay Lane.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Instow, Bideford, Devon, EX39
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