2-bedroom flat · EX39 1LW
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Steps is a charming two-bedroom apartment offering breathtaking sea views from the living area, creating the perfect setting for a relaxing coastal retreat.
The property features two well-proportioned bedrooms, a modern family bathroom, and a bright open-plan living space designed for comfort and easy living.
The property is offered to the rental market unfurnished. Rent: £800.00 pcm. Deposit: £923.00.
Location Situated within the popular coastal village of Westward Ho!, Avon Lane enjoys a convenient position just moments from the village centre and its renowned two-mile sandy beach. Westward Ho!
Is well known for its vibrant seaside atmosphere, offering a variety of cafés, restaurants, local shops and leisure facilities, along with access to the South West Coast Path and the open spaces of Northam Burrows Country Park.
Avon Lane itself is ideally placed to enjoy both the coastal scenery and everyday amenities, making it a sought-after location for those looking to embrace a relaxed North Devon coastal lifestyle.
Entrance Open Plan Living (5.86 x 3.91 (19'2" x 12'9")) Bedroom One (3.74 x 3.66 (12'3" x 12'0")) Bedroom Two (5.04 x 2.07 (16'6" x 6'9")) Bathroom Services All mains services connected, gas fired central heating.
Broadband: Standard broadband is available - Ofcom indicates that the highest available download speed is 1800 Mbps. Mobile Coverage: Available via EE, O2, three and vodafone.
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Tenant Protection Information Morris and Bott are members of ARLA Propertymark which is a Client Money Protection Scheme.
They are also members of The Property Ombudsman which is an Independent Redress Scheme. You can find out more details on the Agent's website or by contacting them directly.
Lettings Fees In addition to paying the Rent for the property, you may also be required to pay the following permitted payments:- - Payment for Council Tax - Payment for Utilities (electricity, gas or other fuel, water, sewage) - Payments for a Television Licence - Communication Services (telephone other than a mobile telephone; the internet; cable television; satellite television.
- Green Deal charge (if any). - Holding Deposit (per tenancy) - One week's rent - This is to reserve a property.
Please note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
- Security deposit (per tenancy. Rent under £50,000 per year) - Five week's rent - This covers damages or defaults on the part of the tenant during the tenancy. - Security deposit (per tenancy.
Rent of £50,000 or over per year) - Six weeks rent - This covers damages or defaults on the part of the tenant during the tenancy.
- Unpaid rent - Interest paid at 3% above the Bank of England Base Rate from Rent Due Date until paid on order to pursue non-payment of rent.
- This will not be levied until the rent is more than 14 days in arrears.
- Lost Key(s) or other Security Device(s) - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
- If the loss results in the locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant and landlord and any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
- Variation of Contract (Tenant's Request) - £50 (inc. VAT) per agreed variation.
- To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
- Early Termination (Tenant's Request) - Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
- These costs will be no more than the maximum amount of rent outstanding on the tenancy.
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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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
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FAQ
About The Steps, Avon Lane, Bideford
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