We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · EX34 8RA
Listing removedReduced £10k (−7.5%) on 15 AugListed 364 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £150,750 based on an average saving of 33%.
Market Value Price: £225,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £225,000, please contact the estate agent Webbers. Property description 14 Langleigh Park, Ilfracombe ?
2 Bedroom Terraced Home with No Onward Chain Located in a popular and well-established residential area of Ilfracombe, this spacious two-bedroom terraced home is offered to the market with no onward chain.
With generous living accommodation, private outdoor space, and excellent potential to update throughout, the property presents a fantastic opportunity for first-time buyers, investors, or those looking to downsize.
On entering the property, you step straight into a spacious lounge, offering plenty of room for comfortable seating and furniture.
Just off the lounge, immediately to your right, is a convenient downstairs W.C., ideal for guests or busy households.
To the rear of the ground floor is a light-filled open-plan kitchen/diner, featuring a range of wall and base units, a stainless steel sink, integrated gas hob with extraction over and electric oven.
The dining area is perfectly positioned next to UPVC double doors that open directly onto a generous and low-maintenance rear garden, providing a lovely outdoor space for relaxing or entertaining.
A rear gate offers direct access to the designated off-street parking space, located just beyond the garden.
Upstairs, the property offers two good-sized double bedrooms, each with ample space for storage and furnishings.
The family bathroom is fitted with a modern three-piece white suite, including a panelled bath, wash basin, and WC.
It also benefits from a built-in storage cupboard, ideal for towels, linen, or toiletries.
While the property is in habitable condition, it offers excellent potential for someone to modernise and personalise the interiors to their own taste, making it a great long-term home or investment.
All services are mains connected with gas fire central heating. Council Tax Band - B and EPC - tbc.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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
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.
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About 14 Langleigh Park, Ilfracombe Devon, Devon
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