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See how verdicts work3-bedroom house · EX39 1JW
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mid terrace three bed property within a quiet pedestrianised close on the door step of the local church and being a short walk to the Northam Square and the amenities on offer.
The property has an open plan living/dining room with coastal views to the front. St.
Margaret's Court is a pedestrianised collection of properties conveniently located on the door step of the local church and just 100 yards or so from Northam Village Square where there is a good choice of locally owned shops.
The village is well supported having its own Medical Centre, Dental Surgery, Library, indoor heated Swimming Pool complex, Public House, Churches plus Junior and Infants Schools.
Regular bus services commute to the nearby Port and Market town of Bideford (2 miles) and the seaside resort of Westward Ho! (1 mile) with its long sandy beach and miles of unspoilt cliffside walks.
SERVICES: All mains connected. Gas central heating. Upvc double glazed windows and external doors.
AGENTS NOTE: There is the option to rent a parking space from the Northam council within the chuch carpark - cost to be confirmed. COUNCIL TAX: Band C. TENURE: Freehold.
DIRECTIONS TO FIND: From Bideford proceed to Northam village taking the turning right, just past the War Memorial, into Fore Street.
Continue into the centre of the village (where the shops are) and follow the road around to the left, with the pedestrian entrance to St.
Margaret's being shortly on your left with the property being within the terrace at the rear of the development.
The accommodation is at present arranged to provide (measurements are approximate):- UPVC double glazed door into: ENTRANCE PORCH: Fitted carpet and shelving.
Door into: OPEN PLAN LOUNGE DINING AREA: 7.67m x 4.98m Dual aspect room with central gas fire and tiled hearth. Two radiators and fitted carpet. UPVC double glazed door into the rear garden.
Stairs to the first floor. KITCHEN: 3.32m x 2.32m Working surface incorporating single drainer sink unit with tiled splashback. Gas cooker, cupboards and drawers with matching wall units.
Space and plumbing for washing machine. STAIRS AND FIRST FLOOR LANDING: Shelved airing cupboard housing hot water tank, hatch to loft space and fitted carpet.
BEDROOM ONE: 4.19m x 2.90m Fitted wardrobes and drawer unit. Radiator and carpet. BEDROOM TWO: 3.40m x 3.11m Radiator and fitted carpet with fantastic far reaching Burrows and sea views.
SHOWER ROOM: Shower cubicle with splash boarding fitted, wash basin and WC combination unit. Ladder style electric radiator. Vinyl flooring and shelved storage cupboard.
BEDROOM THREE: 2.85m x 1.98m Radiator and fitted carpet. OUTSIDE: The front of the property is approached over a shared pedestrian access having its own pathway to the front door with adjacent lawns.
The REAR GARDEN can be accessed from the property or a pedestrian gate via the church carpark. Comprising a good size patio area with a raised level lawn and a garden shed. Cold water tap.
There is also a GARAGE en bloc nearby with parking in front not far from the property.
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
Agent & docs
FAQ
About St. Margarets Court, Lakenham Hill, Northam, Bideford, EX39
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