2-bedroom semi-detached house · EX36 3BG
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ABOUT THE PROPERTY 3 Mole Ridge Way is a delighted two bedroomed semi-detached property nestled within this popular development close to the town amenities.
Set back from the road, the property benefits from driveway parking, an adjoining garage and enclosed rear garden.
The accommodation comprises, entrance hall, cloakroom, kitchen, living room and a large conservatory with personnel door to the adjoining garage. The first floor provides two bedrooms and a bathroom.
The property is offered with no onward chain with vacant possession. For layout and approximate room measurements please see the enclosed floorplan.
The property is initially approached via a shared private entrance which leads to the driveway parking and garage.
A low maintenance gravelled sitting out area adjoins the south facing front elevation, whilst to the rear is a good sized fully enclosed garden.
THE AREA Mole Ridge Way is an attractive development within easy reach of the town centre and local amenities.
South Molton itself offers an excellent range of everyday services including shops, schools and restaurants together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital.
SERVICES & OUTGOINGS We understand that all mains services are connected to the property. Gas fired central heating system Upvc double glazed windows North Devon Council - Band B (approx.
£1,956 per annum) EPC - C - 71/77 Internet & Mobile - VISIT OFCOM DIRECTIONS From South Molton town square head North via Barnstaple Street onto the B3226 (North Street).
The entrance to Mole Ridge Way is on the right hand side. Continue into the development and number 3 is the second property on the left hand side as you enter Mole Ridge Way, set back from the road.
Alternatively from North Street follow Parsonage Lane and continue straight into Mole Ridge Way. Number 3 is the second to last property on the right hand side.
DIGITAL MEDIA LINKS What 3 Words Location - ///memo.litigate.imply VIRTUAL TOUR AVAILABLE IMPORTANT NOTICE These sale particulars have been prepared as a general guide.
They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings.
Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property.
To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.
A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase.
We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.
COPYRIGHT © 2026 MICHAEL ADEY PROPERTY Council Tax Band: B (North Devon Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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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About 3, Mole Ridge Way, South Molton
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