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About This Property

Discover what makes this home special

Situated in the picturesque coastal village of Lee Bay, this modern one-bedroom apartment offers a serene retreat with stunning surroundings. The property boasts contemporary design, a spacious open-plan living area, and a private terrace with south-west-facing views, perfect for enjoying the coastal breeze. With access to communal gardens and proximity to the National Trust coastline, this home is ideal for those seeking tranquility and natural beauty.

Property Features

This apartment offers a blend of modern living and natural beauty. The open-plan kitchen and living area create a welcoming space, while the private terrace provides an ideal spot for relaxation. The communal gardens and proximity to the National Trust coastline enhance the appeal of this property.

Private terraceOpen-plan living areaModern kitchenCommunal gardensCoastal location

Local Amenities

Lee Bay offers a unique blend of coastal charm and convenience. Residents can enjoy scenic walks along the coastline, visit nearby National Trust sites, or relax at local pubs and restaurants. The area is well-served by schools and is within driving distance of Barnstaple Train Station, connecting to Exeter and beyond.

Coastal pathsNational Trust sitesLocal pubsRestaurantsSchoolsTrain station
Barnstaple Train Station Train Station (13 miles, 25 mins drive) • 1 hour 15 mins by car to Exeter

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£395,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£165/mo
Estimated Ground Rent£13/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£395,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£165/mo
Estimated Ground Rent£13/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Proximity to coastline
Modern amenities
Strong rental demand in holiday market

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£395,000
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£165/mo
Estimated Ground Rent£13/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
5.2%
Based on £1,700/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£485,217
+£90,217 projected gain
5-Year Rent Forecast
£2,019/mo
Based on 3.5% annual growth
Price per Sq Ft£790
Annual Rent Income£20,400
10-Year ROI207%
Break-Even Point23 yrs

Property Value Projection

Based on 4.2% annual growth
£485,217
5yr
£596,038
10yr
£732,172
15yr
£899,397
20yr
£1,104,816
25yr
Current: £395,000

Monthly Rental Income

Based on 3.5% annual growth
£2,019
5yr
£2,398
10yr
£2,848
15yr
£3,383
20yr
£4,018
25yr
Current: £1,700/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 Infant and Nursery SchoolPrimary
Good2.5 miles
Ilfracombe Church of England AcademySecondary
Good2.8 miles
West Down SchoolPrimary
Outstanding5.3 miles
Braunton AcademySecondary
Good9.5 miles

Sun Path & Natural Light

NESW
South-West-Facing Excellent
10h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

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

Area Vibe

Tranquil
Coastal
Scenic

Connectivity

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

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.
£395,000

Plot 6, Lee Bay, North Devon, North Devon

Lee, Ilfracombe, North Devon, North Devon EX34 8LR
1
Bedrooms
1
Bathrooms
500
Est. Sq ft
apartment
Type

Property Grades

Amenities85
Features88
Growth82
Yield84
Connect80
Transport75
Future80
Location90
Overall85
Available Plot Numbers
6
1 plot available
Ownershipfreehold

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