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About This Property

Discover what makes this home special

Plot 10 at Lee Bay is a stunning three-bedroom duplex apartment located in the picturesque coastal village of Lee, North Devon. This contemporary property boasts spacious living areas, a modern fitted kitchen, and a private terrace, offering breathtaking views of the surrounding landscape. With its south-west aspect, the property enjoys ample natural light throughout the day, and the communal gardens provide a serene retreat for residents. Perfectly blending luxury and practicality, this home is ideal for families, professionals, or those seeking a holiday retreat in one of North Devon's most sought-after locations.

Property Features

This property is designed with modern living in mind, featuring a spacious open-plan kitchen/dining/living area that opens onto a private terrace, perfect for entertaining or relaxing. The master bedroom includes an en-suite bathroom, while the additional bedrooms are generously sized. The communal gardens provide a tranquil space to unwind, and the property benefits from an NHBC warranty and an EPC rating of A, ensuring energy efficiency and peace of mind.

Private terraceEn-suite bathroomModern fitted kitchenCommunal gardensSouth-west aspectSpacious living area+2

Local Amenities

Situated in the idyllic village of Lee, this property is surrounded by natural beauty and local attractions. Residents can enjoy the sandy shores of Lee Bay Beach, explore the scenic National Trust walks, or visit nearby Ilfracombe Harbour for dining and leisure activities. Conveniently located, the property is close to local schools, supermarkets, and public transport links, making it an ideal choice for families and professionals alike.

Lee Bay BeachIlfracombe HarbourTesco SupermarketLocal schoolsNational Trust walksRestaurants+2
Barnstaple Train Station (12.5 miles, 25 minutes drive) • 1 hour 20 minutes (by car) to Exeter

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 (10%)-
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

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Prime coastal location
Strong rental demand for holiday lets
Modern design with energy efficiency

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
6.5%
Based on £4,850/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£1,099,415
+£204,415 projected gain
5-Year Rent Forecast
£5,760/mo
Based on 3.5% annual growth
Price per Sq Ft£942
Annual Rent Income£58,200
10-Year ROI260%
Break-Even Point16 yrs

Property Value Projection

Based on 4.2% annual growth
£1,099,415
5yr
£1,350,518
10yr
£1,658,971
15yr
£2,037,874
20yr
£2,503,318
25yr
Current: £895,000

Monthly Rental Income

Based on 3.5% annual growth
£5,760
5yr
£6,841
10yr
£8,125
15yr
£9,650
20yr
£11,462
25yr
Current: £4,850/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

This property is designed with modern living in mind, featuring a spacious open-plan kitchen/dining/living area that opens onto a private terrace, perfect for entertaining or relaxing. The master bedroom includes an en-suite bathroom, while the additional bedrooms are generously sized. The communal gardens provide a tranquil space to unwind, and the property benefits from an NHBC warranty and an EPC rating of A, ensuring energy efficiency and peace of mind.

Private terraceEn-suite bathroomModern fitted kitchenCommunal gardensSouth-west aspectSpacious living areaNHBC warrantyEPC rating A

Local Area & Amenities

Situated in the idyllic village of Lee, this property is surrounded by natural beauty and local attractions. Residents can enjoy the sandy shores of Lee Bay Beach, explore the scenic National Trust walks, or visit nearby Ilfracombe Harbour for dining and leisure activities. Conveniently located, the property is close to local schools, supermarkets, and public transport links, making it an ideal choice for families and professionals alike.

Lee Bay BeachIlfracombe HarbourTesco SupermarketLocal schoolsNational Trust walksRestaurantsCafesPublic transport links

Floorplan

Floorplan

Property Floorplan

Site Plan

Site Plan
Full size view

Location

Nearby Schools

Ilfracombe Church of England Junior SchoolPrimary
Good4.2 miles
Ilfracombe AcademySecondary
Good4.5 miles
West Down SchoolPrimary
Outstanding6.8 miles
Braunton AcademySecondary
Good10.5 miles

Sun Path & Natural Light

NESW
South-West-Facing Excellent
12h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

45
Walk Score
Car-Dependent
30
Transit Score
Some Transit
50
Bike Score
Bikeable

Area Vibe

Coastal
Tranquil
Scenic
Family-Friendly

Connectivity

Broadband Speed
67 Mbps
FTTP
Good
Mobile Signal
Good
EE, Vodafone, O2

Portfolio Analysis

85
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
80%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£895,000

Plot 10, Lee Bay, North Devon, North Devon

Lee, Ilfracombe, North Devon, North Devon EX34 8LR
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
apartment
Type

Property Grades

Amenities88
Features90
Growth85
Yield84
Connect87
Transport83
Future86
Location88
Overall87
Available Plot Numbers
10
1 plot available
Ownershipfreehold

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