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See how verdicts work2-bedroom flat · EX31 1GY
For saleReduced £10k (−4.2%) on 23 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculately presented two-bedroom, second-floor apartment is situated within the popular Saw Mill Court development in Barnstaple, conveniently located within level walking distance of Barnstaple town centre, which offers a wide range of shops, amenities, and excellent transport links.
Upon entry, you are welcomed by a spacious hallway that leads directly into the lounge, a bright and inviting entertaining space filled with natural light and featuring doors that open onto a private balcony.
The balcony enjoys pleasant views overlooking Pilton Park, creating a lovely outlook and an ideal place to relax.
Directly off the lounge is the fitted kitchen, which is well appointed with a range of wall and base units, integral appliances to include oven, hob, fridge freezer, and further attractive views over the park.
Returning to the hallway, you will find a modern white three-piece suite bathroom and two well-proportioned double bedrooms.
The master bedroom benefits from built-in storage and an en suite shower room, while the second bedroom is also a generous double and includes built-in storage.
Additional storage cupboards are located within the hallway, providing ample storage throughout the apartment.
Finally, the apartment has the huge added benefit of its own, allocated undercover carport.
Offered to the market with no onward chain and presented in immaculate condition throughout, this property represents an excellent opportunity for a range of buyers seeking a stylish and conveniently located home.
From our office proceed out of town in the direction of Braunton.
From Mermaid Cross on the inner relief road take the Braunton Road over Rolle Quay bridge and take the first right hand turn into Mills Way.
Proceed around to the right and the entrance to Saw Mill Court is directly in front with No 11 being found via the second door on the left hand side.
Entrance Hall Lounge 4.9m max x 4.7m max Kitchen (3.1m x 2.41m) Bedroom 1 4.04m max x 3.1m max En Suite Shower Room Bedroom 2 4.01m max x 3.07m max Bathroom Carport Tenure Leasehold - remainder 999 year lease commencing 2006 Ground Rent We have been advised £167.50 per every six months Service Charge We have been advised £1,010.15 per every six months Services All mains services connected Viewing Strictly by appointment with the sole selling agent Council Tax Band B - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £950 to £1,100 subject to any necessary works and legal requirements (correct at February 2026).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating, and that this rating may increase.
Please refer to your solicitors as the legal position may change at any time
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.
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FAQ
About 11 Saw Mill Court,, Mills Way, Devon
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