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See how verdicts work2-bedroom flat · EX35 6JA
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description About the property A two-bedroom lower ground floor apartment in An imposing Victorian building presenting stone elevations beneath a slate roof.
We understand the building was originally a hotel but was converted into 15 apartments around 1990.
The property is extremely well presented and is considered ideal as a principal residence or second home, but we understand it cannot be rented out.
On approach to the apartment is a modest, private outdoor seating space that leads to a private entrance door to a vestibule which opens into a beautiful sitting room, with custom cabinets and shelving as well as an ornate range that is no longer in use but makes a wonderful centrepiece.
The kitchen has the white goods hidden behind handmade cabinets with slate countertops in the room. There is also plenty of space for a generous-sized dining table.
There are two double bedrooms and a gorgeous bathroom featuring a Japanese soaking bath with a rainfall shower above and a tiled floor with underfloor heating.
With the majority of the contents including the white goods by negotiable, the property can be sold furnished.
For layout and approximate room measurements, please see the enclosed floor plan or virtual tour The area The property is within easy walking distance of local amenities, including a good selection of restaurants, bars, cafés, shops, small supermarkets, a library, a primary school, and places of worship, along with a regular bus service.
Lynton is twinned with the coastal village of Lynmouth, set on the banks of the River Lyn overlooking the sea and reached by a cliffside railway.
The South West Coast Path passes directly through Lynton & Lynmouth and is England's longest waymarked long-distance footpath and a National Trail.
It stretches for 630 miles (1,014 km), running from Minehead in Somerset, along the coasts of Devon and Cornwall, to Poole Harbour in Dorset.
More extensive shopping facilities and amenities are available at the larger town of Ilfracombe (about half an hour) and the regional centre of Barnstaple (about 45 minutes).
The world-renowned surfing beaches at Woolacombe, Putsborough, Saunton (also with Championship golf course) and Croyde are also about 45 minutes by car.
The North Devon link road (A361) is about a 40-minute drive and eventually joins the M5 motorway network at Junction 27, where Tiverton Parkway offers a fast service of trains to London Paddington in just over 2 hours.
The nearest international airports are at Bristol and Exeter. There are excellent state and private schools within the area.
The Valley of Rocks is within level walking distance (passing the extraordinary location of the cricket ground), offering access to many miles of coastal walks and stunning unspoilt countryside, which the surrounding Exmoor National Park has to offer.
A trip to Dunkery Beacon, Exmoor's highest point has incredible views and a picnic at Landacre Bridge or visit to Withypool tea rooms would be well worth the journey.
Services & outgoings The property is served by mains water, drainage and electricity. Double glazed windows.
According to Ofcom, ultrafast broadband is available at the property, and there is the likelihood of coverage from several mobile phone networks. For more information, please see the Ofcom website.
North Devon Council - Band A (2025/26-Approx. £1,700.81 per annum) EPC - D Rating Tenure Leasehold- 999 years from 1992. 1/15th share of the freehold.
Annual Service Charge £1,740 Sinking Fund Contribution £240 Total for Year £1,980 payable in monthly instalments of £165.00 Holiday letting or residential letting is not permitted Directions Imperial Court can be found adjacent to our office; the property has a private front door to the right hand side of the main entrance to the building.
Parking can be found in the nearby car park; residents permits for 2025/6 are £115.00 per annum. It may also be possible to park on the street in low season.
Please see the North Devon Council website for more details.
What3words: ///inherit.glades.converged Property Reference #RSE0507 agents note: The scenery photos are of the surrounding area and were not taken on the property.
Council Tax Band: A (North Devon Council) Tenure: Share of Freehold (966 years) Ground Rent: £240 per year Service Charge: £1,740 per year The flat is held on a lease of 999 years from 1992.
It also comes with a 1/15th share of the freehold. Annual maintenance charge is approximately £1,980per annum. Holiday letting is not allowed in Imperial Court.
All apartments at Imperial are the same: Annual Service Charge £1740 Sinking Fund Contribution £240 Total for Year £1980 payable in monthly instalments of £165.00
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About The Old Kitchens, Flat 1, Imperial Court, Lynton
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