1-bedroom flat · EX32 9BB
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently situated within walking distance of Barnstaple Town Centre and a range of local amenities, this one-bedroom basement flat offers practical accommodation with the added benefit of water and heating included in the monthly rent.
Steps from the main building lead down to the private entrance of the flat.
The accommodation comprises a living area leading through to a kitchen, fitted with a cooker and hob, along with space for an additional appliance.
Beyond the kitchen is a single bedroom with an en-suite shower room.
Externally, the property benefits from access to a rear courtyard, laid with artificial grass for ease of maintenance and offering the convenience of rear access.
Further benefits include gas central heating throughout, plumbing for a washing machine and the added advantage of both water and heating costs being included in the rent.
Available now for an unfurnished let. Sorry no smokers or sharers. Please note: There is no parking available with this property.
From the square in Barnstaple proceed down Taw Vale, turn right into Newport Road and the property can be found after a short distance on the left hand side, after the Garage.
Stairs And Hallway To Flat Space and plumbing for washing machine. Living Room (4.3m x 3.45m) Brand new fitted carpet, TV point, shelving, freshly painted, radiator.
Kitchen (1.7m x 1.17m) Cupboards and drawers, cooker and hob, window to rear elevation, sink and drainer, space for under counter fridge/freezer.
Bedroom (3m x 1.75m) Single bedroom, brand new fitted carpet, radiator, window to side elevation. En Suite Shower Room Shower cubicle, low level W/C, hand wash basin, mirror mounted on wall.
Outside Rear court yard garden and rear access.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 2, 7, Newport Terrace, Devon
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