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 bungalow
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of vibrant Woolacombe, this former commercial store has been meticulously refurbished and transformed to an exceptional standard, creating a stylish and contemporary coastal home.
Offering a unique blend of character, convenience and modern living, the property is perfectly suited as a lock-up-and-leave bolthole for those looking to embrace the renowned North Devon lifestyle.
Woolacombe remains one of the region's most sought-after coastal destinations, famed for its spectacular golden sandy beach, excellent surfing conditions and breathtaking coastal scenery.
From the doorstep, there is easy access to a fantastic selection of independent cafés, restaurants, bars and convenience stores, whilst the South West Coast Path offers endless opportunities for walking, cycling and exploring some of the country's most dramatic coastline.
Whether it's an early morning surf, a leisurely beachside coffee, or an evening stroll watching the sunset over the Atlantic, Woolacombe offers a lifestyle that is difficult to match.
The property itself enjoys the practical benefit of off-road parking together with a wonderful decked terrace enjoying a sunny aspect, providing the perfect space for al fresco dining, entertaining friends, or simply relaxing after a day at the beach.
Internally, the accommodation is beautifully presented throughout and has been thoughtfully designed to maximise both space and natural light.
The heart of the home is the light and airy open-plan kitchen and living area, complemented by two well-proportioned bedrooms and a stylish, high-quality contemporary shower room.
Whether you are seeking a permanent residence, a weekend coastal retreat, an investment opportunity, or a first-time purchase in one of North Devon's most desirable seaside villages, this unique property offers an exciting opportunity to acquire a beautifully finished home just moments from the beach and all that Woolacombe has to offer.
Services: All mains connected. Gas fired central heating. EPC: C Council Tax Band: To be assessed. The property is newly built and has not yet been allocated a Council Tax Band by the local authority.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.
You can do so by visiting Applicants are advised to proceed from our offices in a westerly direction along the High Street heading out of town on the main A361 to Barnstaple.
At Mullacott Cross roundabout take the right hand exit sign posted Woolacombe & Mortehoe and follow this road for approximately 3 miles into the village.
Upon entering the village turn left into West Road immediately after 'Tides Inn'.
Continue straight across the cross roads and at the bottom of the road next to the Woolacombe Bay Hotel take the sharp left hand bend into South Street.
Follow the road for approximately 100 yards and turn right in to a small lane immediately adjacent to the 'Village Chippy' proceed down the lane where the former store will be found on the 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
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
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FAQ
About East Side Of 1 Bank Terrace, Woolacombe
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