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See how verdicts work2-bedroom flat · EX33 2DP
Listing removedReduced £12.5k (−7.2%) on 21 JunListed 419 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish two-bedroom apartment with open-plan living, modern finishes and great natural light, offered with a chain-free sale-ideal for first-time buyers or investors.
Property Description A beautifully presented top-floor apartment in the heart of Wrafton, perfectly positioned within easy reach of local amenities, schools, and excellent transport links.
The property offers two well-proportioned double bedrooms, a bright and airy open-plan living space seamlessly combining a stylish lounge diner, modern fitted kitchen and a sleek three-piece bathroom suite.
Practicality meets comfort with the added advantage of boarded loft access, providing excellent additional storage, alongside a private outside shed.
The apartment also benefits from ample on-road parking available on an ad-hoc basis.
This home is ideal for first-time buyers, professionals, or investors looking for a well-finished, low-maintenance property in a convenient and sought-after location.
Location Braunton is well known for its passionate community spirit and is rumoured to be the largest village in England with the famous stretch of Sands, Braunton Burrows.
The hustling village offers an abundance of activities and eateries, all locally run. North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers.
The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with the Australia’s Gold Coast and Malibu in California.
For a change of scenery Exmoor National Park offers breath-taking rolling countryside, perfect for avid walkers.
Agent Notes -125 year lease that has 101 years remaining -Service charge varies yearly and can be cheaper if paid by a certain time (Ask Agent) - Annual ground rent of £10 Directions From our office, head east on Caen Street towards Caen Fields.
Once you reach the second traffic lights, turn right onto A361 towards Barnstaple. At the roundabout, take the first exit and follow the A361 towards Barnstaple.
In 0.1 miles just before the Williams Arms pub, turn right onto Wrafton Road.
Follow this road for 0.1 miles and turn right onto Velator Road where the property will be situated on your right hand side.
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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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
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FAQ
About 40, Poyers, Braunton
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