About This Property

Discover what makes this home special

Plot 10 at Lee Bay offers a stunning three-bedroom duplex apartment located in the picturesque coastal village of Lee, near Ilfracombe in North Devon. This spacious apartment boasts a contemporary open-plan kitchen, dining, and living area that opens onto a generous terrace, perfect for enjoying the coastal views and natural light. Upstairs, the three well-proportioned bedrooms include a master with an en-suite bathroom, complemented by a second family bathroom, providing ample space for families or holidaymakers.

Situated within a beautifully landscaped development adjacent to National Trust land, this property combines modern living with access to tranquil natural surroundings. Its location offers a peaceful retreat while still being within reasonable reach of local amenities, beaches, and transport links, making it an ideal home or investment opportunity in North Devon.

Property Features

This apartment features a well-designed duplex layout with three bedrooms and two bathrooms, including a master en-suite. The open-plan kitchen, dining, and living space is bright and spacious, leading onto a private terrace that benefits from a south-east aspect. Additional storage and secure parking add to the convenience. The property’s location adjacent to National Trust land offers scenic views and a peaceful environment.

Three BedroomsTwo BathroomsDuplex LayoutOpen Plan Kitchen/Dining/LivingTerraceEn-suite Bathroom+4

Local Amenities

Lee Bay is a charming coastal village close to Ilfracombe, providing access to essential amenities such as shops, schools, and healthcare facilities. The nearby Ilfracombe town centre offers a wider range of services, restaurants, and leisure activities. Outdoor enthusiasts benefit from proximity to the National Trust walking trails and beautiful beaches. Public transport options connect residents to Barnstaple and Exeter, facilitating commuting and travel.

Local ShopsIlfracombe Town CentreLee Bay BeachSchools (Ilfracombe AcademyLee Community Primary)Barnstaple Hospital+2
Barnstaple Railway Station Train Station (8.5 miles, 20 mins drive) • 1h 15m by train to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£895,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£373/mo
Estimated Ground Rent£30/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£895,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£373/mo
Estimated Ground Rent£30/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Appealing coastal location
Limited direct transport links
Potential for holiday rental

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£895,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£373/mo
Estimated Ground Rent£30/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.6%
Based on £3,431/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£899,484
+£4,484 projected gain
5-Year Rent Forecast
£4,215/mo
Based on 4.2% annual growth
Price per Sq Ft£942
Annual Rent Income£41,172
10-Year ROI184%
Break-Even Point24 yrs

Property Value Projection

Based on 0.1% annual growth
£899,484
5yr
£903,990
10yr
£908,519
15yr
£913,071
20yr
£917,646
25yr
Current: £895,000

Monthly Rental Income

Based on 4.2% annual growth
£4,215
5yr
£5,177
10yr
£6,360
15yr
£7,812
20yr
£9,597
25yr
Current: £3,431/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Floorplan

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Exeter St Davids
1h 15m
1h 10m
Bristol Temple Meads
2h 15m
2h 20m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Kitchen/Dining/Living
Morning Excellent
Afternoon Good
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low
Bedroom 3
Morning Low
Afternoon Moderate
Evening Low

Location Scores

58
Walk Score
Somewhat Walkable
42
Transit Score
Some Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial & Leisure+Positive Impact
Ilfracombe Harbour Regeneration
3.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£895,000
AvailableNB0000006094
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Plot 10, Lee Bay, North Devon, North Devon

Lee, Ilfracombe, North Devon, North Devon EX34 8LR
Lee Bay, North Devon
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
apartment
Type
Available Plot Numbers
10
1 plot(s) available
Ownershipleasehold

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£895,000Plot 10, Lee Bay, North Devon, North Devon

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Plot 10, Lee Bay, North Devon, North Devon
Plot 10, Lee Bay, North Devon, North DevonLee, Ilfracombe, North Devon£895,000

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