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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. Exeter properties
    3. 4 bed flat for sale in High Street, Devon EX34
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    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.

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    1 / 5

    High Street, Devon, EX34 9NH

    2 × 1-bed flat · EX34 9NH

    1 bath
    Asking
    £150,000

    For sale · Listed 6 days

    Dev potentialSTPPCharacter
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    About

    The property

    An exceptional and rare opportunity to acquire a substantial mixed-use property prominently positioned on Ilfracombe’s bustling High Street.

    This versatile building offers a range of exciting development and investment possibilities, subject to the necessary consents.

    At ground floor level, the property features a spacious retail unit currently operating as a temporary pop-up shop, benefiting from excellent frontage and visibility to passing trade.

    Above the shop lies a large three-storey building offering immense potential - whether as one generous maisonette or conversion into multiple self-contained units, subject to planning.

    The property is very spacious, providing flexible living accommodation that can be configured to suit a variety of needs.

    There are also wonderful character features throughout, including large bay windows overlooking the High Street, which flood the rooms with natural light and add to the building’s charm.

    To the rear, there are two one-bedroom flats, each with its own independent access to the rear. Planning permission (Ref: 55789) was granted by North Devon Council in 2013 for residential conversion.

    Both flats are ready to be let out with thee potential rental income in the region of £500pcm each. Please note that building control sign-off is still required for the completed works.

    With its central High Street location, scope for further development, and proven investment potential, this property represents a superb opportunity for developers, investors, or owner-occupiers looking to create something special in the heart of Ilfracombe.

    Agents note: Part of the sale there are two self-contained residential flats located to the rear, known as 103A and 103B High Street.

    Flat 103A is held freehold, while Flat 103B is held on a registered lease dated 4 April 2019 (hm Land Registry Title No. DN625589).

    The lease is noted as affecting the 103A freehold title and relates to the occupation and use of the rear flats, granting rights of access and use over shared areas and including standard provisions for maintenance and repair.

    Full details of the lease terms and the relationship between the freehold and leasehold titles are available upon request or can be verified by reference to the official Land Registry entries.

    Services: The property has separate gas and electric meters for the properties located at the rear, with four existing electric supplies at the front ideal for conversion into a HMO or one or two self-contained apartments, There is one main water supply for the building.

    The shop currently has an electric supply only, with no gas, water, or heating installed Council Tax: Maisonette: A. 103a: A 103b: Tbc EPC: Maisonette: D.

    103a: D 103b: C Shop: C The property is conveniently situated on the High Street in the centre of Ilfracombe, directly opposite Webbers Estate Agents.

    It occupies a prominent position within easy walking distance of the town’s shops, cafés, and amenities.

    The flats to the rear (103A and 103B) are accessed from the rear of the building via Tarry Lane.

    Dev potential
    STPP
    Character

    Key information

    Reception rooms
    1
    Tenure
    Freehold
    Local authority
    North Devon
    District
    County
    Devon County
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
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    Returns

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    Local SA Market

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    0.0% below asking

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    Investment Disclaimer

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    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market6 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market6
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £150,00023 Oct 2026
    Still activeDay 6 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
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    EX34 · Live market data · flat only
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    Agent & docs

    Move it forward

    Listing agent
    Webbers Property Services logo
    Webbers Property Services
    listed on zoopla
    01271457139
    39-41 Boutport Street, Barnstaple
    View on zoopla

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    FAQ

    Questions

    About High Street, Devon

    How much is High Street, Devon?
    The asking price is £150,000.
    What kind of property is High Street, Devon?
    A 4-bedroom flat in EX34 9NH.

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