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See how verdicts work1-bedroom terraced house · EX31 3LT
For saleListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of a small development of 3 individual rural cottages all converted from a range of traditional farm buildings including this an original one bedroom threshing barn which retains its high vaulted ceilings.
In the heart of rural North Devon within a short drive of the major towns of Barnstaple, Bideford and Great Torrington and the Tarka trail and beach at Instow In the heart of rural North Devon within a short drive of the major towns of Barnstaple, Bideford and Great Torrington and the Tarka trail and beach at Instow.
One of a small development of 3 individual rural cottages all converted from a range of traditional farm buildings including this an original threshing barn which retains its high vaulted ceilings its own private patio, garden area and off road parking.
The cottages are conveniently located in typical unspoilt rolling countryside between the Taw and Torridge river valleys and from the grounds extensive rural views to Exmoor to the north-east and west towards the North Devon Coastline near Westward Ho!
The rural village of Yarnscombe is about a mile, closer by footpath, set around its ancient parish church with village hall and good community spirit.
To the north is Barnstaple, 6 miles, the ancient borough and administrative centre for North Devon.
The town provides a comprehensive range of both business and leisure facilities including the Green Lane shopping centre, out of town superstores, live theatre, leisure centre, Tarka tennis centre and a Sprinter train service running through to the Cathedral City of Exeter.
The A361/North Devon Link road provides much improved communications to and from the North Devon area, connecting directly as it does through to junction 27 on the M5 motorway to the east of Tiverton where there is also the Parkway railway station from where journey times to London/Paddington are approximately 2 hours.
Within a couple of miles of the property there are leisure facilities with paint ball, laser shooting and at South Down, with the town of Great Torrington some 4 miles to the south providing good local facilities with the Plough theatre, golf course and fishing on the River Torridge and of course the North Devon coastline with sailing, surfing and sandy beaches close by at Instow, Westward Ho and Croyde.
There are private garden areas for each cottage to the south east side and plenty of designated car parking to the north west and all share a common access from the quiet country land approach.
Vaulted Living Room - 7.32m x 5.49m (24'0" x 18'0") - With double French doors with fully glazed panel to patio area and original height boarded wall with door to the car parking area, fitted work surfaces with inset single drainer stainless steel sink unit, drawers and cupboards under, electric cooker panel.
Hot Water Cupboard - 1.96m x 1.14m (6'5" x 3'8") - Shower Room - about 2.13m x 2.13m (about 7 x 7) - Fully tiled shower cubicle with hand basin, low level WC, extractor fan, tiled surround.
A Staircase Rises To A - Fine Galleried Bedroom - 5.33m x 3.12m (17'5" x 10'2") - There is potential to extend the galleried area with a new mezzanine floor to accommodate an extra bedroom and probably a bathroom at first floor level Private Patio - Private Garden - 2 Dedicated Car Spaces - The property, in conjunction with its 2 neighbours and the owners adjoining smallholding with horses is approached over a shared drive to one side of which are designated car spaces for each of the separate properties.
To the south-east the cottages all have their own private level fenced lawned areas with sitting out areas and being able to take advantage of the views afforded over the countryside away to Exmoor and the village at Yarnscombe.
NOTE – The current owner has been unwell and has not been able to complete all the work that he started such as paint a couple of internal wall, boarding around the central heating boiler and finishing the patio extension to the rear.
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
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FAQ
About Yarnscombe, Barnstaple
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