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About This Property

Discover what makes this home special

Nestled in the picturesque Lee Bay area of North Devon, Plot 12 is a stunning two-bedroom duplex apartment that offers contemporary coastal living at its finest. This thoughtfully designed property boasts spacious interiors, a modern open-plan kitchen/dining/living area, and a private terrace that captures the beauty of the surrounding landscape. The apartment is part of an exclusive development that blends seamlessly into its natural surroundings, offering residents access to communal gardens and breathtaking views of the coastline.

Property Features

This brand-new duplex apartment combines modern design with practical living. The open-plan kitchen/dining/living area is perfect for entertaining, while the private terrace offers a tranquil space to enjoy the stunning South-West views. With high-quality finishes, an EPC A rating, and NHBC warranty, this property is designed for comfort and sustainability.

Private terraceOpen-plan kitchen/dining/living areaCommunal gardensModern designCoastal locationNHBC warranty+1

Local Amenities

Located in the heart of North Devon, this property offers easy access to Lee Bay beach and the vibrant town centre of Ilfracombe. Families will appreciate the proximity to well-regarded schools, while outdoor enthusiasts can explore nearby National Trust trails and parks. The area also boasts a variety of supermarkets, restaurants, and transport links, ensuring convenience and connectivity for residents.

Lee Bay beachIlfracombe town centreLocal schoolsSupermarketsRestaurantsParks+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£695,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£290/mo
Estimated Ground Rent£23/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£695,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£290/mo
Estimated Ground Rent£23/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Strong rental demand
Coastal location with international appeal
Modern design and sustainability features

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£695,000
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£290/mo
Estimated Ground Rent£23/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
4.7%
Based on £2,750/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£853,736
+£158,736 projected gain
5-Year Rent Forecast
£3,266/mo
Based on 3.5% annual growth
Price per Sq Ft£993
Annual Rent Income£33,000
10-Year ROI190%
Break-Even Point27 yrs

Property Value Projection

Based on 4.2% annual growth
£853,736
5yr
£1,048,726
10yr
£1,288,251
15yr
£1,582,483
20yr
£1,943,917
25yr
Current: £695,000

Monthly Rental Income

Based on 3.5% annual growth
£3,266
5yr
£3,879
10yr
£4,607
15yr
£5,472
20yr
£6,499
25yr
Current: £2,750/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

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

Living Room
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen
Morning Moderate
Afternoon Excellent
Evening Good
Bedroom 1
Morning Low
Afternoon Good
Evening Moderate
Bedroom 2
Morning Low
Afternoon Good
Evening Moderate

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.
£695,000

Plot 12, Lee Bay, North Devon, North Devon

Lee, Ilfracombe, North Devon, North Devon EX34 8LR
2
Bedrooms
1
Bathrooms
700
Est. Sq ft
apartment
Type

Property Grades

Amenities88
Features90
Growth85
Yield86
Connect87
Transport84
Future88
Location90
Overall89
Available Plot Numbers
12
1 plot available
Ownershipfreehold

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