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See how verdicts work2-bedroom property · EX34 8NB
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish two bedroom park home on Mullacott Park with open-plan living, composite decking and parking. Chain-free for a quick sale. Beautifully presented and ready to move in.
The Property - Located in the popular Mullacott Park, perfectly placed between Ilfracombe and Woolacombe, this immaculately presented park home offers modern and stylish living in a peaceful setting.
Finished to a high standard throughout, the property features a bright and spacious open-plan living area with a contemporary fitted kitchen, complete with integrated appliances.
The accommodation includes a generous double bedroom with a two-piece en-suite, a comfortable twin bedroom and a sleek three-piece shower room.
Outside, the home benefits from wrap-around composite decking ideal for outdoor dining and relaxation, a private driveway with parking for multiple vehicles, and a practical storage shed.
Whether you're looking for a holiday retreat or an investment opportunity for a low-maintenance permanent home, this superbly located park home offers a perfect blend of comfort, convenience, and coastal charm.
Location - Ilfracombe offers a vibrant mix of independent shops, art galleries, restaurants, and bars, with its picturesque seafront and harbour home to Damien Hirst’s iconic ‘Verity’ statue.
The recently developed water sports centre and café have added new energy to the harbour, making it a lively hub for visitors and locals alike.
North Devon is renowned for its stunning golden beaches and world-class surf, recently earning designation as a ‘World Surfing Reserve’—one of only 12 globally, alongside Australia’s Gold Coast and California’s Malibu.
Nearby Woolacombe remains a favourite for surfers, hikers, and holidaymakers, known for its breathtaking sunsets and welcoming vibe.
The area’s close proximity to Croyde, Braunton, and Ilfracombe makes it ideal for those seeking a well-rounded coastal lifestyle.
Agent Notes - -The site fees for this home is £5200 annually that also includes maintenance charges, services charges and water rates -Electric and gas are paid quarterly throughout the year - 99 year lease which renews once purchased Directions - From our office head South West on along the high street.
At the round about take the first exist onto Church Street. Continue along this road until you reach Mullacott round about. Take the for the forth exist and turn left onto Mullacott Park.
turn right towards meadow view and take the first left onto Ocean terrace where you'll find the property on your left hand side.
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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