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See how verdicts work1-bedroom flat · EX32 9FD
Listing removedListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one-bedroom, first-floor flat offers comfortable accommodation exclusively for the over 55s, set in a pleasant and convenient position within Newport.
Available with no onward chain.
Upon entering the property, a private staircase leads to the main accommodation and is fitted with a recently serviced stairlift, providing added convenience and reassurance.
At the top of the stairs, the hallway, with storage cupboard gives access to all rooms.
There is a spacious living room featuring a bay window that allows plenty of natural light to fill the room, creating a bright and welcoming living space and a further storage cupboard.
The kitchen is neatly arranged and provides a good amount of worktop space along with ample storage. The double bedroom benefits from built-in wardrobe space and offers comfortable proportions.
The three-piece suite shower room is presented in reasonable order.
The development benefits from a variety of communal areas where residents can sit and enjoy the sunshine, as well as communal parking to the front of the building.
Ideally situated close to local shops and amenities, and just a short stroll from the town centre and Rock Park, this property presents an excellent opportunity for those seeking manageable living within a friendly community setting.
From our office continue along Barbican Road and at the roundabout just past the Esso garage turn right into Victoria Road. Follow the road taking the 3rd turning on the left into Newport Road.
Carry straight on and just before the zebra crossing, turn right into Abyssinia Terrace and Abyssinia Court will be accessed via a gateway which gives vehicular access to residents parking.
Entrance Hall Living Room 4.57m x 3.96m Kitchen 3.2m x 2.18m Bedroom 2.97m x 2.77m Shower Room Tenure Leasehold – vendor advises 999-year lease commencing 1988 Service Charge Vendor advises £95.00 per calendar month (£1,140.00 per annum) Services All mains services connected Viewing Strictly by appointment with the selling agent Council Tax Band A - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £550 to £650 subject to any necessary works and legal requirements (correct at February 2026).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating, and that this rating may increase.
Please refer to your solicitors as the legal position may change at any time.
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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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
Agent & docs

FAQ
About Abyssinia Court, Abyssinia Terrace, Barnstaple, Devon, EX32
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