3-bedroom detached house · EX36 3FN
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prime position within the highly regarded Bee Meadow development on the northern edge of South Molton, 3 Roe Close is a beautifully presented three-bedroom family home built in 2021 by award-winning developer Baker Estates.
Enjoying a sunny southerly aspect and the remainder of its NHBC warranty, the property offers well-balanced accommodation, including a spacious sitting room, an open-plan kitchen/dining room, principal bedroom with en-suite, enclosed garden and driveway parking.
The accommodation briefly comprises an entrance hall with cloakroom and useful storage, spacious dual-aspect sitting room and a bright open-plan kitchen/dining room with doors opening onto the garden.
On the first floor are three bedrooms, including a principal bedroom with en-suite shower room, together with a family bathroom.
Externally, the property enjoys excellent kerb appeal, being set behind an attractive picket fence and landscaped front garden designed for ease of maintenance.
The enclosed garden to the side of the property is laid principally to lawn with a patio seating area and large timber shed. Driveway parking is provided for multiple vehicles.
From our office leave the square via Barnstaple Street, stay on this road and at the very top of the hill is the turning to Bee Meadow.
As you enter Bee Meadow follow the road all the way along and it will follow round to the left, continue along and 3 Roe Close can be found on your left hand side on the corner.
What3words: ///homework.blushes.though Viewings Strictly by appointment through the sole selling agent Tenure Freehold Council Tax Band C Services All mains services connected.
Gas CH Management Fee There is an annual management fee of £tbc per annum correct at tbc
Value & comps
No previous sales on record.
Returns
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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 3, Roe Close, Devon
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