2-bedroom bungalow · EX23 9AE
Listing removedListed 323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this well-presented 2 bedroom bungalow, occupying a generous plot in the heart of Stratton.
The property enjoys gas-fired central heating, double glazing, and excellent outdoor space, including sizeable front and rear gardens, together with ample private parking.
The accommodation is arranged to offer a bright dual-aspect living room, fitted kitchen, two well-proportioned bedrooms, and a modern shower room.
Outside, the front garden is laid mainly to lawn and ideal for creating curb appeal.
The enclosed rear garden offers a private area perfect for alfresco dining, featuring a patio terrace, a level lawn and a useful garden outbuilding, with mature shrubs adding a sense of privacy.
Situated just a short stroll from Stratton village centre, historic church, public houses, medical centre, and convenience store, whilst being only two miles from Bude town centre and beaches, this property provides an ideal balance of village life and coastal convenience.
Perfect for those seeking a permanent home, downsize opportunity or investment. EPC Rating tbc. Council Tax Band B.
The property enjoys a convenient location within this characterful ancient market town supporting a useful range of local amenities including General Stores, Post Office, Public Houses, Take Away, Places Of Worship, Hospital, Medical Centre etc.
The adjacent town of Bude offers a wider range of shopping, schooling and recreational facilities as well as lying amidst the rugged North Cornish coastline famed for its many nearby areas of outstanding natural beauty and popular bathing beaches providing a whole host of watersports and leisure activities together with breathtaking cliff top and coastal walks.
The bustling market town of Holsworthy is some 10 miles inland whilst the port and market town of Bideford is some 28 miles in a north easterly direction providing a convenient access to the A39 North Devon Link Road which connects in turn to Barnstaple, Tiverton and the M5 motorway.
Directions From Bude proceed out of the town along Stratton Road and upon reaching the A39 turn left signposted Bideford.
Turn immediately right, proceed straight over the roundabout and follow the one way system right around, whereupon the property will be found on the left hand side with a Bond Oxborough Phillips for sale board clearly displayed.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 17, St Michaels Road, Bude
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