3 Bed Flat, Single Let, Bideford, EX39 3FU, £239,950

1 The Old School, Geneva Place, Bideford, EX39 3FU - 1 views - 2 months ago

Leasehold
BTL
116 m²
+8 photos

ValuationOvervalued

Sold Prices£175K - £500K
Sold Prices/m²£1.8K/m² - £1.8K/m²

 

 

Square Metres

116 m²
Price/m²£2.1K/m²

Value Estimate

£177,250

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£59,988

Stamp Duty & Legal Fees

£8,399

Total Cash In

£68,386

 

 

Cash Out

 

Rent Range

£700 - £975

Rent Estimate

£808

Running Costs/mo

£931

Cashflow/mo

£-123

Cashflow/yr

£-1,481

Gross Yield

4%

Local Sold Prices

9 sold prices from £175K to £500K, average is £375K.

PriceDateDistanceAddressBeds 
£265K11/220.09 miApartment 1, The Old School, Geneva Place, Bideford, Devon EX39 3FU3
£178K04/210.09 miApartment 1, The Old School, Geneva Place, Bideford, Devon EX39 3FU3
£375K05/210.33 miFlat 4, Longbridge Wharf, New Road, Bideford, Devon EX39 5AL3
£390K05/230.37 miFlat 4, Longbridge Wharf, New Road, Bideford, Devon EX39 5AL3
£175K05/211.05 mi4, Goaman Road, Bideford, Devon EX39 4HB3
£230K12/211.93 miFlat 9, Rowena, Kingsley Road, Westward Ho, Bideford, Devon EX39 1JB3
£427.5K12/222.04 miFlat 19, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA3
£500K10/202.21 miFlat 10, Nassau Court, Merley Road, Westward Ho, Bideford, Devon EX39 1GZ3
£485K10/202.83 miFlat 12a, Marine Court, Marine Parade, Instow, Bideford, Devon EX39 4JP3

Local Rents

14 rents from £700/mo to £975/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£90009/230.25 mi-3
£83503/240.25 miMyrtle Grove, Bideford, Devon3
£95003/240.25 miPitt Lane, Bideford3
£80003/240.27 miHigh Street, Bideford, Devon, EX393
£89503/240.31 miStrathmore Court, Bideford3
£70007/230.32 mi-3
£89504/240.32 miDevonshire Park, Bideford, Devon, EX393
£85005/240.35 mi-3
£85005/240.35 mi-3
£85004/240.35 miBrigade House, Bideford, EX393
£97503/240.55 miTorridge Mount, Bideford3
£95004/240.57 miTorridge Mount, Bideford3
£95004/240.57 miTorridge Mount, Bideford3
£81503/240.61 miGrange Bungalows, Bideford, Devon3

Local Area Statistics

Population in EX39

37,175

Town centre distance

0.28 miles away

Nearest school

0.20 miles away

Nearest train station

7.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £239,950

February 17, 2025

Floor Plans

Description

  • Spacious Duplex Apartment +
  • Stunning Open Plan Living +
  • Communal Gardens +
  • 3 Double Bedrooms +
  • Allocated parking for two vehicles +
  • Character Features +
  • Secure Gated Premises +
  • MUST SEE! +

Morris and Bott are delighted to present this stunning New York-style apartment, offering a perfect blend of contemporary living and historic character. Boasting a spacious open-plan kitchen and living area, three generous double bedrooms. Situated just a short walk from the town centre and its array of amenities, The Old School has a rich history dating back to 1902, when it was originally built as part of a prestigious boarding school. In 2017, this magnificent building was meticulously converted into 24 unique, luxury apartments, thoughtfully preserving much of its original character while introducing stylish modern touches.

Ground Floor -

Entrance Hall - A warm welcome into the apartment.

Open Plan Living - 7.52 x 3.70 (24'8" x 12'1") - The spacious open-plan design of the reception area evokes a New York-style apartment, blending modern style with a comfortable, homely feel. The contemporary kitchen features a range of matching hand and eye level units with sleek worktops, offering ample storage and a breakfast bar—ideal for casual dining. Throughout the apartment, the hardwood parquet flooring adds a touch of understated luxury, while the high ceilings give a sense of space, filling the home with natural light.

Shower Room - A sleek and modern three-piece suite, featuring a walk-in shower cubicle, a low-level WC, and a hand wash basin and a heated towel rail.

Bedroom One - 4.45 x 3.70 (14'7" x 12'1") - A spacious double bedroom, thoughtfully designed with built-in storage.

First Floor -

Bedroom Two - 5.21 x 2.59 (17'1" x 8'5") - A generously sized double bedroom, complete with a walk-in wardrobe and its own ensuite.

Ensuite - Equipped with a contemporary white suite, featuring a bath with shower over, low level WC and hand wash basin.

Bedroom Three/Snug - 4.45 x 3.70 (14'7" x 12'1") - A generously sized double mezzanine bedroom, currently used as a cosy snug area, offering a view that overlooks the open living space below.

Outside - Each apartment is accessed through a private gated entrance, ensuring added security and privacy. Residents can enjoy the generous communal gardens, which feature well-maintained lawn areas and a spacious patio, exclusively for their use.

Services - The property is connected to mains electricity, water, and drainage. It features electric heating throughout. Please note, there is no elevator in the building.

Leasehold - The property comes with the remainder of a 999-year lease. There is an annual service charge of approximately £1,000, which includes a maintenance fee of around £800 and a £200 ground rent charge.

Agent Details

Morris and Bott, Bideford

01237 871089

Next Steps?

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