2-bedroom terraced house · EX34 9QX
Listing removedListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This appealing mid terraced house offers a natural blend of period character and practical living space, arranged over three floors and well suited to a range of buyers.
The property opens into an inviting entrance hall where the original Victorian tiled flooring immediately sets the tone and adds a strong sense of character.
To the front, the lounge is a generous and bright reception room with a pleasant outlook and plenty of natural light, creating a comfortable main living space.
Further along the hall, the kitchen is well proportioned and fitted with a good range of wall and floor units, together with a stainless steel sink and drainer, a five ring gas hob and a built in cooker.
The gas combi boiler is also located here, keeping the layout practical and efficient for day to day use.
To the rear, a useful utility space adds further storage and worktop potential, with additional wall and floor units, undercounter space for a washing machine and a built in Belfast sink.
From here, access leads out to a small rear courtyard which in turn offers potential for enlargement of the accommodation, subject to any necessary planning permissions and consents.
Steps rise to a level rear patio garden, providing a more elevated outdoor space for seating, dining or simply enjoying the fresh air, with rear access onto the lane behind adding extra convenience.
On the first floor, the half landing gives access to the bathroom, fitted with a hand basin, w.c, bath and shower, with tiled finishes adding a clean and practical feel.
On the main landing, the rear bedroom is the smaller of the two doubles, though still a good size and well suited as a guest room, home office or comfortable everyday bedroom.
The principal bedroom sits to the front and benefits from countryside views, giving it a particularly attractive outlook.
The second floor adds a very useful occasional room, offering valuable flexibility depending on a buyer’s needs.
Whether used as a separate snug, workspace or hobby room, it provides an adaptable extra area together with generous eaves storage.
Overall, the house offers a pleasing mix of original character, usable outside space and flexible accommodation, with scope for buyers to enjoy it immediately while also considering future improvements over time.
The property is also within a short walk down to Hele Bay.
Applicants are advised to proceed from out offices in an easterly direction along the High Street heading out of town on the A399 sign posted Combe Martin.
Continue in into Portland Street and follow the road passing Lantern Court (McCarthy & Stone) and through the traffic lights.
Continue along the road passing the Thatched Inn and continue over the brow of the hill and down towards Hele Bay.
Number 14 Watermouth Road will be found approximately 250 yards down the hill on the left hand side just before the telephone box.
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.
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 Watermouth Road, Ilfracombe, Devon, EX34
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