About This Property

Discover what makes this home special

Plot 2 at Lee Bay in North Devon offers a stunning detached four-bedroom family home set within a picturesque and tranquil coastal environment. This property boasts three bathrooms, including en-suite facilities, providing ample space and comfort for modern living. The home is thoughtfully designed to maximize natural light and garden views, with a south-east facing rear garden that enjoys generous sunlight throughout the day, perfect for outdoor entertaining and relaxation. Positioned adjacent to National Trust land, residents benefit from direct access to beautiful walking trails and unspoiled natural scenery.

The property is ideally located in the sought-after area of Lee, near Ilfracombe, blending peaceful rural charm with convenient access to local amenities and transport links. With a price of £1,500,000, this home represents a rare opportunity to own a premium coastal residence in North Devon, combining luxury, privacy, and lifestyle in one package.

Property Features

This detached house offers four spacious bedrooms and three well-appointed bathrooms, including an en-suite master suite. The modern fitted kitchen and generous living spaces are designed for comfort and functionality. The south-east facing garden ensures excellent natural light and outdoor enjoyment. Additional benefits include a garage and private parking, as well as direct access to protected National Trust land, enhancing privacy and lifestyle quality.

DetachedFour BedroomsThree BathroomsEn-suiteSouth-East Facing GardenGarage+4

Local Amenities

The property is conveniently located near Lee Village Shop for everyday essentials and is just a short drive from Ilfracombe town centre, which offers a wider range of shops, restaurants, and services. Healthcare needs are covered by North Devon Hospital in Barnstaple, approximately 15 miles away. Educational facilities nearby include Lee Community Primary School and Ilfracombe Academy for secondary education. Outdoor enthusiasts will appreciate the close proximity to coastal walking paths and local parks, providing ample recreational opportunities.

Lee Village ShopIlfracombe Town CentreNorth Devon HospitalIlfracombe Railway StationLocal Primary SchoolsSecondary Schools+2
Barnstaple Railway Station Train Station (6.5 miles, 15 mins drive) • 1h 15m to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£1,500,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/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£1,500,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Prime coastal location
Strong rental market
Proximity to natural attractions
Energy-efficient new build

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£1,500,000
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£0/mo
Estimated Ground Rent£0/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 £5,750/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£1,507,515
+£7,515 projected gain
5-Year Rent Forecast
£7,063/mo
Based on 4.2% annual growth
Price per Sq Ft£1,000
Annual Rent Income£69,000
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£1,507,515
5yr
£1,515,068
10yr
£1,522,658
15yr
£1,530,287
20yr
£1,537,953
25yr
Current: £1,500,000

Monthly Rental Income

Based on 4.2% annual growth
£7,063
5yr
£8,677
10yr
£10,658
15yr
£13,092
20yr
£16,083
25yr
Current: £5,750/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

Site Plan

Site Plan

Location

Commute Time Planner

Exeter St Davids
1h 15m
1h 10m
Bristol Temple Meads
2h 30m
2h 15m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
9h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Master Bedroom
Morning Moderate
Afternoon Good
Evening Excellent

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
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£1,500,000
AvailableNB0000006089
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Plot 2, Lee Bay, North Devon, North Devon

Lee, Ilfracombe, North Devon, North Devon EX34 8LR
Lee Bay, North Devon
4
Bedrooms
3
Bathrooms
1,500
Est. Sq ft
detached
Type
Available Plot Numbers
2
1 plot(s) available
Ownershipfreehold

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£1,500,000Plot 2, Lee Bay, North Devon, North Devon

Enquire About This Property

Plot 2, Lee Bay, North Devon, North Devon
Plot 2, Lee Bay, North Devon, North DevonLee, Ilfracombe, North Devon£1,500,000

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