2-bedroom flat · EX22 6GA
Listing removedListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just a short stroll from the centre of the thriving market town of Holsworthy, this superbly presented ground floor apartment offers the perfect blend of period character and modern living.
Ideal for first-time buyers or investors, the property is available with no onward chain.
Stepping inside, you are immediately greeted by a striking original tiled hallway floor, a stunning feature that sets the tone for the character found throughout the home.
The accommodation includes a light and spacious living/dining room with a charming bay window, a brand-new modern fitted kitchen with stylish cabinetry and quality fittings, and a contemporary bathroom.
There are two bedrooms, both benefiting from new carpets.
Externally, the property enjoys a generous garden, along with ample off-road parking for two to three vehicles, a rare feature for such a central location.
Conveniently situated within walking distance of Holsworthy’s amenities, including shops, cafés, restaurants and the traditional weekly market, this delightful apartment combines period charm with the ease of modern convenience.
From Holsworthy Town Square, head south and turn left onto Fore Street (A388).
Continue along the A388 for approximately 0.2 and on the right, you will see 7 Menors Place marked with a Webbers for sale board.
Entrance Hall Living/Dining Room 4.7m x 3.6m Kitchen 3.24m x 3.24m Bedroom 1 3.95m x 3.7m Bedroom 2 2.68m x 2.41m Bathroom 2.17m x 1.67m Local Authority Torridge District Council Council Tax B Tenure Leasehold, remainder of a 999-year lease granted in 2005.
50% share of the freehold Services Mains water, drainage and electricity.
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
FAQ
About Menors Place, Holsworthy, Devon, EX22
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