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See how verdicts work3-bedroom house · EX32 7FN
For saleListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the Laceworks development in Barnstaple, this beautifully restored Grade II listed building offers a complex of versatile property arrangements with a rare blend of heritage character and contemporary living.
Beautifully respected and restored, this historic building was once part of a thriving lace-making factory dating back to 1825.
Plot 12 is an attractive mid-terraced home offering spacious and versatile accommodation arranged over two floors, combining character features with stylish modern finishes throughout.
The ground floor is centred around an impressive open-plan kitchen, dining and living area, creating a superb space for entertaining and everyday family life.
The contemporary kitchen is fitted with quality units and integrated appliances, while the generous living area benefits from plenty of natural light and direct access to the garden.
A useful ground-floor WC and additional storage cupboard add to the practicality of the layout. Upstairs, the property offers three bedrooms, including a spacious principal bedroom.
The additional bedrooms provide flexibility for family living, guests or home office space.
The modern family bathroom is fitted with a contemporary white suite comprising a bath with a shower over, a wash hand basin and WC, complemented by stylish tiling and quality fittings.
Externally, the property benefits from an enclosed garden, providing an ideal outdoor space for relaxing, entertaining or family use.
In addition, there are two allocated parking spaces, offering valuable convenience.
Ideally located within easy reach of Barnstaple town centre, the property enjoys access to a wide range of shops, cafés, restaurants and local amenities.
The renowned sandy beaches of Saunton and Croyde are also just a short drive away, offering the perfect balance between town and coastal living.
This presents an excellent opportunity to acquire a characterful and beautifully finished home within one of North Devon's most distinctive developments. Call now to arrange your viewing!
*Some images have been digitally staged using ai*
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
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FAQ
About Plot 12, The Laceworks, Barnstaple
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