2-bedroom terraced house · EX32 0LP
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by traditional online auction (date to be confirmed). Viewings to take place on 7th October - please contact to book your slot!
A one-bedroom end-of-terrace house situated in the popular village of Landkey, offering an excellent opportunity for modernisation and refurbishment.
The property is arranged over two floors and comprises a sitting room, kitchen, bedroom, study/dressing area and shower room, together with an enclosed rear garden.
Requiring updating throughout, the property offers scope for purchasers to create a comfortable home tailored to their own requirements.
An appealing refurbishment opportunity in the popular village of Landkey Set within the highly regarded village of Landkey, this two-storey one-bedroom end-of-terrace property presents an exciting opportunity for purchasers seeking a project with scope for modernisation and enhancement.
The accommodation is arranged over two floors and currently comprises a welcoming sitting room, kitchen, bedroom, useful study/dressing area and shower room.
Externally, the property benefits from an enclosed rear garden, providing a private outside space and further potential for landscaping and improvement.
Requiring a programme of modernisation and refurbishment, the property will appeal to those looking to create a characterful village home according to their own tastes and requirements.
The combination of its end-of-terrace position, manageable accommodation and enclosed garden makes this an interesting proposition for owner-occupiers, investors or those seeking a renovation project.
Landkey is a popular North Devon village, offering a strong sense of community while providing convenient access to the surrounding countryside and nearby amenities.
The property's village setting, coupled with the opportunity to enhance and personalise the accommodation, makes this a property worthy of close consideration.
The property is offered for sale by Online Auction, with joint agents 247 Property Auctions. The auction date is to be confirmed.
Prospective purchasers are advised to make their own enquiries and satisfy themselves as to the condition, accommodation and suitability of the property prior to bidding.
Sitting Room (3.95m x 2.86m) UPVC double glazed entrance door to front aspect, UPVC double glazed window to side aspect, wall mounted electric panel heater, door leading through to kitchen.
Kitchen (3.63m x 2.86m) UPVC double glazed window to rear aspect, UPVC double glazed door leading to rear garden, range of fitted wall mounted cupboards, sink unit with draining board, work surface area, space for small table and chairs, wall mounted electric panel heater, stairs rising to first floor.
First Floor Landing Open plan leading through to bedroom and study area. Bedroom (2.98m x 2.72m) UPVC double glazed window to rear aspect.
Study/Dressing Area (2.92m x 2.67m) UPVC double glazed window to side aspect, electric panelled wall mounted heater, door leading to sealed entrance, door leading through to shower room.
Shower Room (2.68m x 1.27m) UPVC double glazed opaque window to front aspect, shower cubicle, WC, pedestal hand basin, towel radiator.
Outside To the front of the property is a gated pathway leading to the main entrance door. There is also a small courtyard/bin storage area.
To the rear is a patio area and steps leading up to a mature garden laid mainly to lawn. The garden enjoys a good level of privacy.
Agents Note Important information All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
Auction legal pack & finance Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
It is the purchaser’s responsibility to make all necessary legal, planning, surveys and finance enquiries prior to the auction.
Price information Guides are provided as an indication of each Seller’s minimum expectation.
They are not necessarily figures at which a property will sell for and may change at any time prior to Auction.
Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction).
This reserve figure cannot be higher than 10% above a single figure guide.
(truncated) Note For clarification, we wish to inform prospective purchasers that these sales particulars have been prepared as a general guide only.
Some photographs may have been taken using a wide-angle lens. We have not carried out a detailed survey, nor tested the services, appliances or specific fittings.
All room sizes and measurements are approximate and should not be relied upon for the purposes of carpets, furnishings or other fittings.
If there are any important matters likely to affect your decision to purchase, please contact us prior to viewing the property.
Broadband: Standard broadband is available - Ofcom indicates that the highest available download speed is 1000 Mbps. Mobile Coverage: Available via EE, O2, three and vodafone.
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Value & comps
No previous sales on record.
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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 starting price
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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.
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FAQ
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