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See how verdicts work2-bedroom flat · EX39 4FN
Listing removedListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
93 Watkins Way is a spacious 2 bedroom ground floor apartment that offers spacious accommodation throughout with a modern fitted kitchen and bathroom.
The property has been successfully let over the past few years and would be ideally suited for a first time buyer or an investment buyer.
To the front of the property are communal gardens with the property having the advantage of an allocated parking space located at the rear of the property.
Situation: Watkins Way is a popular residential development located on the outskirts of Bideford, the development is located approximately 1 mile from the town centre and quayside.
The coastal resort of Westward Ho! and the fishing village of Appledore are both within 3 miles and the regional centre of Barnstaple is approximately 9 miles.
The accommodation comprises: (All measurements are approximate) Entrance Hall Large Storage Cupboard Living Room - 13'2" (4.01m) x 14'9" (4.5m) A bright and spacious room with access to storage cupboard together with opening into: Kitchen - 9'10" (3m) x 10'8" (3.25m) A range of matching cream cupboards at both base and eye level with black work surfaces.
Integrated single oven with 4 ring gas hob together with stainless steel extractor fan. Space and plumbing for a washing machine together with space for an upright fridge freezer.
Bedroom 1 - 10'11" (3.33m) x 12'6" (3.81m) A good sized bedroom located at the front of the property overlooking the communal garden area.
Bedroom 2 - 8'3" (2.51m) x 10'5" (3.18m) Located at the rear of the property.
Bathroom - 5'8" (1.73m) x 7'3" (2.21m) A modern 3 piece bathroom suite comprising of a low level WC, wash basin together with panel bath with electric shower over.
Leasehold Information Balance of a 999 year lease from 2010.
The current service charge for the upkeep and management of the communal areas, the exterior and interior lighting and cleaning of communal hallway and insurance of the building is £104.65 a month.
Directions Directions: From our office, proceed along the quay with the river on your left. At the mini roundabout, take the 1st exit across the bridge.
At the next mini roundabout, take 1st exit onto B3233. Continue on this road for approx. half a mile then take the right hand turning onto Manteo Way.
Continue up the hill and take the 2nd left hand turning into the development. Upon entering the development, keep right and continue through the estate.
Towards the back of the estate, the apartment block will be found in front of you. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
Area
Agent & docs

FAQ
About 93, Watkins Way, Bideford
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