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See how verdicts work3-bedroom property · EX32 8BH
Listing removedReduced £15k (−5.8%) on 7 JulListed 571 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property boasts a rich history, having once operated as a convenience store in the 1930s, a stagecoach taxi rank, and even a women's refuge for army wives during the war.
Now designated for residential use, it offers an exceptional family home, thanks to its generous size and versatile layout.
Situated just a short walk from Barnstaple town centre, this charming three-bedroom end-of-terrace home on Fort Terrace offers generous living space, multiple reception rooms, and the rare benefit of off-road parking, with a garage to the rear.
Upon entering the property, the ground floor boasts three versatile reception rooms. The first, currently used as a snug, provides a cosy living area and immediate greeting area.
The second serves as a spacious dining room with an additional seating area, perfect for entertaining.
The third reception room, once a shop front, is flooded with natural light and offers flexible space that could be used as an extra living room, home office, hobby room, or even a fourth bedroom.
This room would be fantastic if it was brought back to its original use. If you have a business you wish to run out of your property, this is perfect for you!
The kitchen is well-equipped with an integrated oven, under-counter space for a dishwasher, room for a freestanding fridge freezer, and ample cabinetry.
A small dining table fits comfortably within this space.
Adjacent to the kitchen is a highly functional utility room, complete with work surfaces, cabinets, space for a washing machine, tumble dryer, and freezer.
A convenient downstairs WC and a spacious under-stairs storage cupboard add to the practicality of the home. Upstairs, the property continues to impress with three generous double bedrooms.
The second bedroom features built-in storage, high ceilings, and space for additional furniture.
The third bedroom is also a well-proportioned double, complete with built-in wardrobes and room for a desk.
The expansive master bedroom easily accommodates a super king-sized bed, large wardrobes, and freestanding furniture, while still providing plenty of floor space.
The first floor also includes a separate WC and a family bathroom, which comprises a bath with an overhead shower and a wash hand basin.
To the rear, a courtyard area leads to the garage, which offers additional storage or potential workshop space.
Local Shop - 0.1 miles // Local School - 0.3 miles // Local Pub - 0.1 miles // Parking - Parking for 1 Car & Garage // 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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FAQ
About 14, Fort Terrace, Barnstaple
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