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See how verdicts work2-bedroom flat · EX39 4HS
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the upper floor of an exclusive collection of newly converted homes, this exceptional two-bedroom penthouse apartment enjoys magnificent coastal views across Instow beach towards Appledore and offers an enviable combination of contemporary living and one of North Devon's most desirable village settings.
Beautifully appointed throughout, the property benefits from an allocated off-road parking space and is perfectly suited as a permanent residence, an elegant coastal retreat or an investment opportunity.
The accommodation has been thoughtfully designed to maximise both natural light and the outstanding outlook.
A welcoming entrance hall provides access to all principal rooms, leading through to an impressive open-plan kitchen, dining and sitting room which undoubtedly forms the heart of the home.
Expansive windows frame the ever-changing coastal scenery, creating a remarkable living space from which to enjoy the passing boats, shifting tides and spectacular sunsets over the estuary.
The contemporary kitchen is fitted with a stylish range of matching wall and base units complemented by oak-effect work surfaces, together with an integrated electric oven, four-ring electric hob with extractor hood above, and designated space for an under-counter refrigerator and washing machine.
The generous proportions of the room provide ample space for both dining and comfortable seating, making it ideal for entertaining family and friends.
Both bedrooms are well-proportioned doubles, with the principal bedroom enjoying direct access to a private sun terrace enclosed by obscured glazed balustrading, providing a peaceful outdoor seating area.
Please note that the glazing must remain obscured in accordance with the planning permission relating to the development.
The accommodation is completed by a beautifully appointed family bathroom comprising a panelled bath with shower over, wash hand basin and WC.
Instow remains one of North Devon's most sought-after coastal villages, celebrated for its expansive sandy beach, excellent sailing waters and thriving selection of independent cafés, restaurants and public houses.
Everyday amenities are within easy walking distance, whilst the regional centre of Barnstaple lies approximately five miles away, offering an extensive range of shopping, leisure and transport facilities.
The property will be sold with the benefit of a 999-year lease, together with a one-third share of the freehold, providing purchasers with long-term security and a vested interest in the ownership of the building.
Upon completion of the sale of the final leasehold apartment, purchasers will be free to establish a management company to oversee the maintenance and upkeep of the communal areas and exterior of the building.
Agent's Note: Please note that the main front elevation image has been enhanced using computer-generated imagery (CGI) to provide an illustration of how the completed property is expected to look, helping prospective buyers visualise the finished home.
Computer generated furniture has also been added to both the open plan living area and bedroom. Directions What3words: ///drives.charts.blindfold
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
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FAQ
About The Penthouse, 1, Lyndale Terrace, Bideford
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