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See how verdicts work3-bedroom house · EX31 3PL
For saleReduced £25.1k (−4.6%) on 12 SepListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brand new detached three bedroom house set on a select development in the heart of a favoured village close to Barnstaple, the Coast, the Link Road and Exmoor. EPC Rating tbc. Council Tax Band tbc.
Freehold. Situation & Amenities The site is elevated and enjoys lovely Southerly views over open countryside.
Newton Tracey offers public house/restaurant, church and regular bus services which run close by. The site is equidistant of Barnstaple, Bideford as well as Great Torrington.
Bideford is located on the banks of the river Torridge and offers a wide range of amenities including supermarkets and schooling for all ages.
Barnstaple is located on the banks of the rivers Taw and Yeo and as the Regional Centre, houses the area's main business, commercial, leisure and shopping venues.
The nearest estuary/coastal village/beach is Instow about 20 minutes by car otherwise North Devon’s famous sandy surfing beaches at Croyde, Putsborough, Saunton (also with Championship Golf Course) and Woolacombe are all about half an hour as is Exmoor National Park.
The North Devon Link road is nearby and leads on to Jct.27 of the M5 as well as Tiverton Parkway where London Paddington can be reached by train in just over two hours.
Closer to home and about 1 mile to the West is the well regarded village primary school at Lovacott.
Description Franking House is a brand new detached three bedroom house constructed to a high specification set in a select development.
The accommodation comprises: Entrance Hall, Cloakroom, Open Plan Kitchen/Dining/Living Room, Utility Room, Study, Principal Bedroom with ensuite and fitted wardrobe, 2 further Bedrooms - both with fitted wardrobes, Family Bathroom, Garage, Parking and Gardens.
The property benefits from double glazed windows, underfloor heating, air source heat pump central heating, and Builds Zone 10-year guarantee.
Construction of all three is traditional, bespoke options are possible (subject to the juncture of build/cost implications). The access is to be tarmacked and the drives will be block paved.
Gardens are to be landscaped, including terraces and lawns. A full specification is available upon request from the selling agents.
Services Air source heat pump (underfloor heating) Private drainage Mains water Mains electric Solar panels with battery storage Smart EV charging points Directions W3W///typist.besotted.waxes
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.
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