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See how verdicts work2-bedroom flat · EX34 8BX
Sold STCReduced £3.5k (−2.1%) on 25 OctListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in an exceptionally convenient and desirable location within Ilfracombe, this bright and airy two-bedroom ground floor flat offers a wonderful blend of privacy, comfort, and accessibility.
Benefitting from its own private entrance via a gated bridge and set within a level position, the property is just moments from local amenities—including a supermarket, bus stop, and the picturesque Ilfracombe harbour, known for its charming views, quaint shops, and vibrant local atmosphere.
The flat itself is wonderfully light-filled, boasting a triple-aspect layout that enhances the natural brightness throughout the living spaces.
Upon entering, you'll be struck by the immediate sense of space and warmth, making this property feel more like a house than an apartment.
The accommodation comprises a welcoming entrance hall, two well-proportioned bedrooms, a spacious living area, and a recently fitted modern shower room designed for both style and practicality.
Externally, the home enjoys its own enclosed private part lawned garden—perfect for relaxing in the warmer months or entertaining guests.
There is also a very useful built-in garden storage area, ideal for storing outdoor equipment or seasonal items. This versatile property presents an excellent opportunity for a range of buyers.
Whether you're a first-time buyer looking to get on the property ladder, a downsizer seeking convenience and low maintenance, or an investor looking for a lock-up-and-leave holiday home or long-term let, this flat ticks all the boxes.
The flat benefits from a share of the Freehold, jointly held with just two other property owners in the building.
The current service charge is an affordable £50 per calendar month, which includes the cost of building insurance.
Importantly, there are no restrictions on long-term rentals, holiday lets, or pet ownership within the building—adding flexibility and investment potential.
Don’t miss the chance to own a rare and charming property in one of Ilfracombe’s most accessible and scenic locations. Early viewing is highly recommended.
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.
Area
Agent & docs

FAQ
About Brookfield Place, Ilfracombe, Devon, EX34
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