2-bedroom terraced house · EX36 4PL
For saleListed 63 days
Opportunity summary
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About
Perfect for those looking for 2 bedroom property in need of some refurbishing situated in the popular village of Bishops Nympton.
A characterful cottage offered for sale as seen, part way through renovation.
Much of the structural work has been done, including work to the staircase and opened up beams, leaving the next owner to finish it to their own taste.
It will suit someone comfortable taking on a project. The front door opens into the sitting room, which is currently unfinished.
An exposed stone chimney breast runs up one wall, the ceiling beams have been exposed, and a new timber staircase has been built with plumbing and space for a washing machine beneath.
Flooring and decoration still to finish to your taste.
Through from here is the kitchen and dining room, a good sized room with space for a full dining table alongside the kitchen units, which are are serviceable. Exposed beams overhead.
Room for freestanding appliances. Upstairs there are two bedrooms and a shower room off the landing. Bedroom one is a double with space for freestanding furniture.
Bedroom two is a smaller double, with a deep window sill and a good view over the rooftops to the countryside beyond. There is no parking with the property.
Services: Mains water, Drainage and electric Sitting Room - 4.31 x 2.50 (14'1" x 8'2") - Kitchen - 4.20 x 3.51 (13'9" x 11'6") - Bedroom 1 - 3.75 x 3.60 (12'3" x 11'9") - Bedroom 2 - 2.96 x 2.34 (9'8" x 7'8") - Shower & Wc - The village itself has the benefit of a community run shop, village hall, parish church and primary school.
The bustling market town of South Molton lies a short distance to the north west, providing an excellent range of everyday services including shops, primary and secondary schools, restaurants and cafés, together with a Sainsbury's supermarket, a health centre, recreational facilities and the community hospital.
Everyday banking is available through the Post Office in the town. The A361 North Devon Link Road is within easy driving distance, providing access to the larger regional centre of Barnstaple.
Situated on the River Taw, Barnstaple is the largest town in North Devon.
As the social centre there is plenty to do, whether it's meeting friends for dinner and a night out, taking in a show at the Queen's Theatre, or browsing the appealing mix of big brand shops and traditional family businesses along the High Street.
As well as the High Street retailers and delightful boutique shops, other amenities include a train station, schools, hospital, cinema, museums, cafés, bars, restaurants, leisure centre and the Tarka Tennis Centre.
With a stunning coastline and great countryside nearby, plus an array of local attractions, there's always plenty of things to do and places to visit.
Exmoor National Park sits close at hand, offering superb walking and some of the finest riding country in the West Country, while the celebrated beaches at Croyde, Saunton and Putsborough make for an easy day out on the coast.
Bishops Nympton is well situated, offering peaceful village life with the benefit of entertainment, restaurant and shopping amenities close by.
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
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FAQ
About Bishops Nympton, South Molton
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