2-bedroom flat · EX32 8QX
For saleReduced £10k (−6.3%) on 21 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the ground floor of a well-maintained residential development, this property offers practical, comfortable living in a convenient and well-connected part of Barnstaple.
The flat opens into a spacious lounge/dining room, naturally bright and well-proportioned, providing a flexible living area suited to both everyday life and entertaining.
The modern fitted kitchen is thoughtfully laid out with ample storage and space for white goods, balancing functionality with clean, contemporary finishes.
There are two well-sized bedrooms, making the property suitable for professionals, small families, or as a strong rental investment.
The bathroom features a white three-piece suite, including an electric shower over the bath, offering a practical and low-maintenance setup.
Externally, residents benefit from communal gardens to the rear, providing a pleasant outdoor space, as well as ample communal parking, a valuable asset for both occupiers and tenants.
The location is particularly appealing, with local shops, schools, transport links and scenic countryside walks all within easy reach.
With its balanced layout, accessible ground-floor position and strong rental appeal, this property represents a solid, no-nonsense investment or home in an established and desirable area.
Please Quote JD0696 For All Enquiries
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 55, Westacott Meadow, Barnstaple
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