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About This Property

Discover what makes this home special

Nestled in the picturesque village of Lee Bay, Plot 9 offers a stunning three-bedroom duplex apartment in a newly developed coastal community. This modern home boasts spacious interiors, a contemporary design, and breathtaking views of the surrounding countryside and coastline. With a south-west facing aspect, the apartment is bathed in natural light throughout the day, creating a warm and inviting atmosphere. Perfectly suited for families, professionals, or retirees seeking a serene lifestyle, this property combines luxury living with the charm of North Devon's coastal beauty.

Property Features

This property is designed to offer the best of modern living, featuring an open-plan kitchen/dining/living area that opens onto a private terrace with stunning views. The master bedroom includes a luxurious en-suite bathroom, while the additional two bedrooms provide ample space for family or guests. With high-speed broadband, energy-efficient appliances, and a NHBC warranty, this home is equipped for comfort and convenience.

South-West AspectPrivate TerraceOpen-Plan LivingMaster Bedroom with En-suiteContemporary KitchenHigh-Speed Broadband+1

Local Amenities

Located in the tranquil village of Lee Bay, this property is surrounded by natural beauty and offers easy access to local amenities. Enjoy walks along the nearby beaches, explore National Trust sites, or take advantage of the excellent local schools and convenient shopping options. The nearby Barnstaple train station connects you to Exeter and beyond, making this an ideal location for both relaxation and connectivity.

Nearby BeachesNational Trust SitesLocal SchoolsSupermarketsRestaurantsTrain Station
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£925,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£385/mo
Estimated Ground Rent£31/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£925,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£385/mo
Estimated Ground Rent£31/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Strong rental demand due to coastal location
Proximity to National Trust sites and beaches
Modern design and 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£925,000
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£385/mo
Estimated Ground Rent£31/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 £5,000/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£1,136,267
+£211,267 projected gain
5-Year Rent Forecast
£5,938/mo
Based on 3.5% annual growth
Price per Sq Ft£974
Annual Rent Income£60,000
10-Year ROI259%
Break-Even Point16 yrs

Property Value Projection

Based on 4.2% annual growth
£1,136,267
5yr
£1,395,786
10yr
£1,714,579
15yr
£2,106,183
20yr
£2,587,228
25yr
Current: £925,000

Monthly Rental Income

Based on 3.5% annual growth
£5,938
5yr
£7,053
10yr
£8,377
15yr
£9,949
20yr
£11,816
25yr
Current: £5,000/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

Kitchen/Dining/Living Area
Morning Good
Afternoon Excellent
Evening Moderate
Master Bedroom
Morning Excellent
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.
£925,000

Plot 9, 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
Connect80
Transport75
Future82
Location87
Overall86
Available Plot Numbers
9
1 plot available
Ownershipfreehold

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