2 Bed Flat, Single Let, Bideford, EX39 1HS, £149,950

Nelson Road, Westward Ho!, Bideford, Devon, EX39 1HS - 1 views - 2 years ago

BTL
ROI: 2%
~65 m²
+5 photos

ValuationUndervalued

Sold Prices£88K - £435K
Sold Prices/m²£1.9K/m² - £3.9K/m²

 

 

Square Metres

~64.70 m²
Price/m²£2.3K/m²

Value Estimate

£169,592
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Total Cash In

£43,186

 

 

Cash Out

 

Rent Range

£640 - £1,100

Rent Estimate

£716

Running Costs/mo

£632

Cashflow/mo

£84

Cashflow/yr

£1,010

ROI

2%

Gross Yield

6%

Local Sold Prices

26 sold prices from £88K to £435K, average is £179.5K. £1.9K/m² to £3.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£123K01/210.07 miFlat 15, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£184K06/230.08 miFlat 21, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£117.5K04/230.08 miFlat 10, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£135K10/200.08 miFlat 1, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£198.5K12/220.09 miFlat 18, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£147K12/200.15 miFlat 3, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF2
£222.5K03/230.17 miFlat 5, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF2
£175K03/230.17 miFlat 10, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF2
£435K11/220.19 miFlat 9, Horizon View, Bath Hotel Road, Westward Ho, Bideford, Devon EX39 1GX2
£246K03/210.2 mi22, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE2
£270K12/200.2 mi18, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE2
£340K03/210.24 miFlat 35, Horizon View, Bath Hotel Road, Westward Ho, Bideford, Devon EX39 1GX2
£325K10/200.24 miFlat 14, Horizon View, Bath Hotel Road, Westward Ho, Bideford, Devon EX39 1GX2
£275K07/210.29 miFlat 38, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA2
£240K11/200.29 miFlat 22, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA2
£230K04/210.29 miFlat 8, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA2
£250K10/200.29 miFlat 25, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA2
£290K06/230.29 miFlat 17, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA2
£145K07/210.3 mi6, The Fairways, Westward Ho, Bideford, Devon EX39 1TQ2
£102.5K06/210.44 mi49, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX2
£88K03/210.44 mi37, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX2
£137.5K10/220.47 mi62, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX2
£173K11/210.62 mi20, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£169K05/210.62 mi7, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£172K01/210.62 mi18, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£142K01/210.62 mi10, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2

Local Rents

18 rents from £640/mo to £1.1K/mo, average is £788/mo.

RentDateDistanceAddressBeds 
£85010/240.11 mi-2
£1,10004/240.24 miGolf Links Road, Westward Ho, Bideford2
£85004/240.37 miRidgeway Court, Westward Ho, EX392
£85005/240.37 mi-2
£95003/240.44 mi-2
£95006/240.44 mi-2
£64004/240.46 miKala Fair, Westward Ho2
£77510/230.64 mi-2
£65010/230.82 mi-2
£75504/240.82 mi-2
£72509/240.82 mi-2
£71504/250.82 mi-2
£82504/240.94 miFore Street, Bideford, Devon2
£80005/241.02 miNorth Street, Bideford, Devon2
£75005/241.05 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£75005/241.05 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£72510/241.15 mi-2
£85004/241.21 miKimberley Park, Bideford, Devon2

Local Area Statistics

Population in EX39

37,175

Town centre distance

2.11 miles away

Nearest school

0.90 miles away

Nearest train station

7.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Price changed to £149,950

October 1, 2024

Listed for £160,000

July 26, 2023

Floor Plans

Description

  • NO ONWARD CHAIN +
  • IN NEED OF REDECORATION BUT OFFERS GREAT POTENTIAL +
  • IDEAL OPPORTUNITY FOR ANY BUY-TO-LET INVESTORS +
  • TOP FLOOR APARTMENT WITH SEA VIEWS +
  • GARAGE EN BLOC WITH RESIDENTS PARKING +
  • TWO BEDROOMS +
  • LARGE LOUNGE/ DINER WITH A BALCONY AND VIEWING PLATFORM +
  • EARLY VIEWING ADVISED +

"TOP FLOOR TWO BEDROOM APARTMENT WITH GARAGE AND RESIDENTS PARKING IN WESTWARD HO!"

Webbers is delighted to bring to the market this top floor, apartment within the popular Link house complex. Conveniently situated within close proximity of Westward Ho! centre and the sandy beach, boasting two bedrooms, large living area, garage en-bloc and resident’s parking.

The apartment is accessed via a secure communal entrance hall with stairs rising to the top floor, leading to the front door to the property. Internally you are welcomed into an entrance hall with convenient storage cupboards and access to all principal rooms.

The apartment boasts a substantial open planned living area, which provides ample space for sizeable furniture. This room has character beams and dual aspects windows which provides the room with an abundance of natural light that floods the room. There is a small balcony with views over Westward Ho! which has space for a small table and chairs and potted plants.

The kitchen is fitted with base and eye level units with worksurfaces over integrating a sink, gas hob with oven below and space for a freestanding fridge / freezer.

Both bedrooms are double in size with the family bathroom housing a bath with shower over, WC and sink.

OUTSIDE:

There are well-maintained
communal gardens mainly laid to lawn with an
En-bloc single garage fitted with an up and over door and residents parking.

AGENTS NOTES: We are aware that due to this apartment being freehold with the conveyance being less than 40 years that it is difficult to obtain mortgage finance.

NB: Freehold (share)
Link House development is made up of 48 flats and is managed by a resident’s
association with the owners of each flat
paying approximately £1,000 per annum,
payable quarterly to cover buildings
insurance, external decoration, ground
maintenance, cleaning and maintenance of
communal areas.
From Bideford Quay proceed towards Northam bypassing the village and follow the signposts into Westward Ho! Entering the one-way system, take the right hand turning onto Youngaton Road and at the junction, turn right onto Nelson Road. Continue in the direction of Northam taking the second left hand turning into Link House. Flat 48 will be located in the second block of apartments on your right-hand side.

Agent Details

Webbers Property Services, Bideford

01237 871237

Next Steps?

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