House · EX39 3JQ
Listing removedListed 136 daysAuction 23 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction - Lot 21 - Commercial Opportunity Bidding opens: 23/06/2026 12:00 Auction scheduled to end: 25/06/2026 14:42 online auction from 23rd June - 25th June A substantial commercial unit extending to approximately 260.7 sq m / 2,806 sq ft, offering open-plan warehouse, storage or workshop accommodation in a versatile town centre location.
The property comprises a large open commercial building with generous internal proportions, high roof structure, multiple access points and a separate storage area.
The accommodation provides a practical blank canvas suitable for a wide range of investment uses, subject to any necessary consents.
Internally, the unit benefits from a predominantly open layout, making it well suited to storage, workshop use, light industrial operations, trade counter, distribution, leisure, studio, creative workspace, or other commercial uses.
The building now requires refurbishment and modernisation, giving purchasers the opportunity to adapt the space to suit their own requirements.
The property is accessed via large double doors, providing practical loading and unloading potential.
The scale, flexibility and character of the building should appeal to owner occupiers, investors, developers and local businesses looking for useful commercial space with scope to improve.
Key Features Substantial commercial unit - Approximately 260.7 sq m / 2,806 sq ft Large open internal space, Additional storage area, High roof structure, Double-door, access suitable for a wide variety of uses, subject to consents refurbishment and improvement opportunity.
Rare opportunity to acquire a sizeable commercial building Tenure: Advised Freehold - to be verified by solicitor Tenancies: To be sold with vacant possession
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Unit 1, Westcombe Lane, Bideford
Explore nearby
.png){kind=logo}
