1-bedroom flat · EX36 4GH
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This home is for people with a local connection to North Devon who need an affordable home and will make it their main residence.
This home is available at a Discounted Market Sale Price, offering 100% ownership at a reduced cost compared to full market value.When you choose to sell the property in the future, it must be sold at 80% of the then-current market value, ensuring it remains an affordable housing option for future buyers.For more information, please speak to our Sales Executive.
The Chinley is a modern one bedroom apartment, an ideal choice for first time buyers or young professionals looking to get on the property ladder.
Featuring the highest specifications, The Chinley is built with practicality in mind. You’ll find an open kitchen/lounge, with offers plenty of space for dining, relaxing and socialising.
This open plan layout is ideal when entertaining guests. You’ll also find a bathroom and good-sized double bedroom, providing you with all the space you need.
Estimated Completion Date: Nov 27 - Jan 28 Total Internal Area: 49 sq. m. 528 sq. ft.
Plot: 171 Room Dimensions First Floor Lounge - 3,555.0mm x 4,890.0mm - 11' 8" x 16' 1" Kitchen - 2,740.0mm x 3,720.0mm - 9' x 12' 2" Bedroom 1 - 4,135.0mm x 4,020.0mm - 13' 7" x 13' 2" Bathroom - 1,715.0mm x 2,060.0mm - 5' 8" x 6' 9"
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 Molbrook Road, South Molton, Devon, EX36
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