2-bedroom house · EX23 9QY
For saleListed 319 days
Opportunity summary
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About
Tenure: Leasehold Description 8 The Drive is a semi-detached two-bedroom holiday cottage enjoying an elevated position on the edge of Penstowe Holiday Park and within a 1/4 mile of Kilkhampton Village and the A39 ’Atlantic Highway’.
The property offers spacious accommodation comprising two double bedrooms, bathroom and a spacious well-appointed kitchen / living area.
The property is being sold fully furnished and would make an ideal holiday property or investment purchase. Accommodation Steps leading up to the property.
Entrance via an obscure front door into: - Kitchen/living area A dual aspect room with windows to the front and rear elevations.
The kitchen comprises a range of eye and base-level units with a work surface over and tiled surround with a stainless steel inset sink with mixer tap and drainer.
Indesit hob with extractor fan above and oven below as well as an integrated fridge/freezer. Space for a dining table and a range of furniture. Access to a storage cupboard, laminate flooring.
Bedroom one Window to the front elevation. Space for a double bed and bedroom furniture. Electric radiator and laminate flooring. Bedroom two Window to the rear elevation.
Space for a range of bedroom furniture. Electric radiator and laminate flooring. Bathroom Obscure windows to the rear elevation.
A three-piece suite comprising a WC, handwash basin with separate taps and bath with shower above and tiled surround. Tiled flooring.
Parking There is parking along Penstowe Road to the left and opposite the property. Services Electricity via prepaid meter, mains metered water.
Service charges and ground rent Service Charge – Approximately £413.22 (2025) Ground Rent – £1,485.91 (June 2025) EE Rating - E Council Tax Band - A (Currently on business rates).
What3Words – ///dinosaur.proved.notes Location Penstowe Park Holiday Village is situated on the fringe of the self-contained village of Kilkhampton which offers a comprehensive range of everyday amenities including post office, two village stores, butchers, food takeaway outlets, two public houses, places of worship, holiday and health resort and excellent primary school.
The A39 runs through the village providing excellent road access north to the larger towns of Bideford and Barnstaple.
Barnstaple offers modern shopping stores, theatre, hospital, technical college and access via the North Devon link road to the M5.
The coastal town of Bude is located approximately four miles to the south and offers a wide range of shopping, banking and schooling facilities as well as a range of leisure pursuits including swimming pool, tennis courts, golf course and sandy beaches.
Garden To the front of the property is a raised patio area with room for patio furniture.
Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
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
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FAQ
About 8 The Drive, Kilkhampton, Bude
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