2-bedroom semi-detached house · EX31 3QX
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-proportioned two-bedroom semi-detached house presents an excellent opportunity to acquire a home in the popular and sought-after area of Roundswell.
Ideally positioned close to a range of local amenities, reputable bus routes and a nearby school, the property is particularly well suited to first-time buyers or investors seeking a property with strong rental potential.
Upon entering the property, you are welcomed directly into the lounge, which provides a bright and comfortable space with neutral decor.
The lounge flows naturally through to the kitchen/diner, situated to the rear of the property, and fitted with a range of wall and base units, providing useful storage and preparation space, together with designated areas for a freestanding oven and washing machine.
The kitchen also benefits from an opening through to the conservatory, creating an excellent extension to the main living accommodation, with patio doors opening directly onto the enclosed rear garden.
To the first floor are two well-proportioned bedrooms.
The principal double bedroom enjoys the benefit of built-in wardrobes, offering excellent storage, while dual windows flood the room with natural light.
The second bedroom is a generously sized single room. Completing the first-floor accommodation is a contemporary three-piece family bathroom.
Externally, the property benefits from an enclosed rear garden, providing a private outdoor space that is currently bordered by mature shrubs and incorporates a small patio area.
The garden offers a good degree of versatility and provides an excellent opportunity for the new owner to personalise the space to their own taste.
To the front of the property, there is the added benefit of ample communal parking, providing convenient parking facilities for residents and visitors.
Overall, this is an excellent opportunity for anyone looking for a manageable and well-located first home or investment property.
Early viewing is highly recommended to fully appreciate the accommodation and potential this property has to offer.
From Barnstaple continue up Sticklepath Hill and at the Cedars Inn Roundabout turn left. At the next roundabout turn right and then first right into Cedar Grove.
Follow this road taking your second left into Meadow Park. Continue forward and the property will be found straight ahead displaying a Webbers for sale board.
Lounge 4.22m max x 3.56m Kitchen 4.22m x 2.84m Conservatory 4.22m x 2.9m First Floor Landing Bedroom 1 3.56m max x 3.45m Bedoom 2 9'6" x 7'3" Bathroom Tenure Freehold Services All mains services connected Viewings Strictly by appointment with the sole selling agent Council Tax Band B - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £875 to £950 subject to any necessary works and legal requirements (correct at September 2026).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating, and that this rating may increase.
Please refer to your solicitors as the legal position may change at any time.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Meadow Park, Roundswell, Barnstaple, Devon, EX31
Explore nearby