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See how verdicts work2-bedroom flat · EX35 6EP
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two Bedroom Period Maisonette with Stunning River Views A delightful and characterful two-bedroom period maisonette, perfectly positioned in the heart of the picturesque coastal village of Lynmouth.
Arranged over three floors, this unique home offers approximately 586 sq. Ft. (54.4 sq. M.) of living space and boasts exceptional views over the East Lyn River.
Retaining many of its original period features, including beautiful original wooden floorboards, the property serves as an ideal "lock-up-and-leave" holiday retreat or a cosy permanent residence within the Exmoor National Park.
The Accommodation The property is entered on the Ground Floor into a kitchen with a simple range of fittings.
This leads through to a cosy sitting room, where large windows allow natural light to pour in and beautifully frame the views of the river and surrounding wooded valley.
The First Floor provides two bedrooms, arranged in a traditional layout.
One is a well-proportioned double bedroom, retaining the charm and character of the period building, while the second is a walk-through bedroom leading to the bathroom.
The Second Floor is dedicated to a family bathroom, featuring a classic free-standing roll-top bath and useful eaves storage, creating a relaxed and functional space at the top of the house.
Exterior and Location While the property does not benefit from a private garden, it is ideally positioned just moments from the riverbanks and the outstanding natural beauty of Exmoor.
Time-limited on-street parking is available nearby, with resident permits available for the local public car parks.
Location and Amenities Lynmouth, often referred to as "Little Switzerland, " is renowned for its dramatic cliffs, historic water-powered cliff railway, and the confluence of the East and West Lyn rivers.
The property is within easy walking distance of independent shops, traditional tea rooms, and well-regarded pubs such as The Ancient Mariner.
For walkers and nature enthusiasts, the famous Watersmeet trail begins almost on the doorstep, offering some of the most picturesque river walks in the UK.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.
Exclusivity Fee: You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe.
The exclusivity fee is returned to you upon successful completion of the property.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
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
Agent & docs
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FAQ
About 30, Watersmeet Road, Devon
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