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See how verdicts work3 × 4-bed house + 4-bed bungalow · EX34 8LR
Listing removedListed 47 days
Opportunity summary
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About
Stamp duty incentive* A brand new 4 bedroom detached bungalow with open plan kitchen/dining/living area with 4 generously sized bedrooms, 2 ensuites and family bathroom.
Close to timeless & tranquil Lee Bay itself with sea views. EPC & Council Tax tbc. Freehold. Stamp Duty Incentive A coastal move with Stamp Duty savings.
For a limited time, Acorn Property Group is offering a Stamp Duty contribution* on selected homes at Lee Bay, giving you extra support when purchasing your new home by the sea.
With beautifully designed homes in an exceptional coastal setting, now is the perfect time to discover life at Lee Bay.
*Terms & conditions apply, available on selected plots only and not in conjunction with any other offer. Speak to our sales team for information.
Situation Lee is a picturesque coastal village on North Devon’s dramatic coastline, home to a charming church, village hall, gallery and gift shop, and the welcoming Grampus pub.
The beach and bay are just a short stroll away, with countless scenic walks beginning right in the village.
Nearby, Woolacombe boasts its famous three-mile stretch of golden sand, while Exmoor’s rugged coastline and wild moorland are within easy reach.
Barnstaple, is around a 30-minute drive, offering rail connections to London and access to the M5 via the A361.
The Development Lee Bay Gardens is a stunning coastal collection of sixteen 1,2 & 3 bedroom apartments and duplexes, three 4 bedroom houses and a 4 bedroom bungalow.
These beautiful homes have been designed to offer exceptional living, featuring high quality specification and easy access to the beach.
Both the houses and apartments will enjoy access to beautiful, large communal landscaped gardens.
The National Trust have also acquired land adjacent to the scheme with plans to reinstate a National Trust car park with facilities built to enhance the village for residents and visitors.
Description House 1 is a stunning detached, 4 bedroom single-level home featuring an expansive open plan kitchen/dining/living area with integrated appliances and additional breakfast bar.
The home includes 4 bedrooms, each designed with full height windows to allow plenty of natural light to flow through the rooms, with en-suite bathrooms in both Bedroom 1 and Bedroom 2 plus a modern family bathroom.
Specification •A range of Integrated Appliances •Flooring throughout •White Sanitary Ware •Thermostatic Shower •Heated Towel Rail in bathroom and en-suite •Solar pv Panels •Ground Source Heating - each house has a dedicated borehole.
Other Considerations Service Charge payable - Cost tbc. Broadband speed up to 115 Mbps. Mobile coverage with Vodaphone and EE likely. Some photos have been staged using ai and CGI.
Viewings Strictly by appointment only through Stags Barnstaple office . Directions At the Mullacott Cross roundabout, take the Woolacombe/Mortehoe turning.
After approximately 11⁄2 miles look out for a fairly inconspicuous turning to the right, where there is a sign for ‘Lee/Lincombe’.
Continue down this lane, at the next junction turn left toward Lee village. Proceed into the village, passing the church on your left and carry on as if you are heading for the beach.
Shortly before the beach is the site of the former Lee Bay Hotel, where the development is under construction.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About House 1, Lee Bay Gardens, Lee Ilfracombe
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