1-bedroom flat · EX22 6EJ
Listing removedListed 73 days · slow let
Opportunity summary
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About
Occupying a prime location in the very heart of this popular market town, is an excellent opportunity to acquire this 1 bedroom apartment.
The property is situated within a few steps of Holsworthy’s town centre, and is available immediately on a long term let.
EPC=E This very cosy flat has features including solid oak flooring, oak internal doors, and fitted chrome electrical points and fittings.
The apartment is approached via a communal staircase (shared by 2 flats) and telephone entrance system.
The Kitchen features a most attractive range of units incorporating a "Butler" sink, oak worktops, built-in larder fridge, washing machine, oven with 4 ring hob over, and illuminated extractor hood.
The Bathroom is fitted in white with tiled splashbacking.
The property is situated within a stone's throw of the bustling market square of Holsworthy with its weekly Pannier Market, good range of national and local shops together with a Waitrose supermarket.
There are a whole range of amenities within the town including a heated swimming pool, sports hall, bowling green, cricket club, 18 hole golf course etc.
Bude on the North Cornish coast is some 9 miles.
Okehampton, Dartmoor National Park and the market town of Bideford are some 20 miles distant, whilst Barnstaple, the Regional North Devon Centre is some 30 miles.
Launceston, Cornwall's ancient capital, is some 14 miles distant.
Holsworthy is in the heart of "Ruby Country", named after the famous local Red Ruby cattle, and its excellent website is well worth a visit.
Directions The flat is situated through a side entrance of 1 North Road, which is located almost directly opposite our offices.
The Accommodation Comprises (All Measurements Are Approximate):- Kitchen/Lounge/Dining Room (16' 6" x 12' 11") Well fitted oak worktops with cupboards below. Range of matching wall units.
"Butler" sink. Built-in oven with 4 ring hob, and illuminated extractor hood over. Built-in larder fridge. Washing machine. Oak floor. 2 double glazed windows to side. 2 smoke alarms. Telephone point.
TV point. Built-in cupboard. Spotlights. Bedroom (10' 9" x 9' 5") Oak wood floor. Double glazed window to side. Stained glass window to side. Electric heater. TV point. Telephone point. Light.
Storage cupboard housing water heater. Shower Room Wooden floor. White suite comprising wash hand basin with tiled splashbacking. Wall mirror. Low level WC.
Shower unit housing a mixer shower with folding door. Opaque double glazed window to rear. Spotlights. Inset spotlight to shower. Extractor fan. Wall heater.
Services Mains water, electricity, and drainage. Council Band Band 'A' (please note this council band may be subject to reassessment). EPC Rating Rating E.
Rental Conditions Rent: £525.00 pcm deposit: £605.00 Property let as seen - available immediately on a long term let.
A verifiable household income of at least £15,750.00 per annum is required to be considered. References will be required.
Please Note Permitted Payments: - Holding deposit, equivalent to one week's rent, to secure property.
This will go towards the first month's rent providing that you do not withdraw from your application, do not provide inaccurate information, fail to disclose vital information or fail to proceed with the tenancy within a reasonable time frame.
- £50 Inc. VAT administration fee for any changes to the tenancy (when requested by the tenant). - Early termination fee (only when agreed in writing from the landlord), £50 Inc.
VAT administration fee plus any agreed reasonable costs (as agreed with landlord). - Lost Keys / Security Devices, replacement will be charged at the reasonable cost to the tenant. - Late rent.
We reserve the right to charge interest; (truncated)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 6, 1, North Road, Devon
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