We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · EX39 1HZ
Listing removedListed 458 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a quiet, tucked away position within a popular residential area close to Northam village, this well-maintained 2 Bedroom semi-detached bungalow presents an excellent opportunity for those seeking a comfortable and manageable home.
Whether as a retirement property or a compact residence, Number 5 Skern Way offers practical single-level living with scope to personalise to taste.
The accommodation is arranged off a central Entrance Hall and includes a spacious Lounge with a large rear garden facing sliding patio door, and a feature fireplace with fitted gas fire, creating a warm and welcoming focal point.
The Kitchen is fitted with a range of units and is bathed in natural light from front and side facing windows.
There are 2 good sized Bedrooms and a modern white Bathroom suite completes the internal layout.
The property benefits from double glazing and a gas fired central heating system via a boiler installed just a couple of years ago, offering efficient and reliable warmth throughout.
While the décor and fittings are clean and well-cared for, buyers may wish to modernise certain aspects to suit individual preferences.
Outside, both the front and rear gardens have been designed with ease of maintenance in mind.
The rear garden enjoys a pleasant, enclosed feel with space for seating or planting, while the front is attractively presented and complements the property’s quiet setting.
Skern Way is conveniently located within easy reach of the amenities in Northam, including a supermarket, post office, health centre and other everyday services.
The town of Bideford lies just a short drive away, offering a wider range of shops and facilities.
Coastal spots, such as Westward Ho!, Appledore and Instow are all within easy reach, making this an ideal base to enjoy everything the area has to offer.
Clearly this has been a well-loved home as we last sold it to the current owner almost three decades ago (previous brochure included in the pictures)! Contact us today to arrange a viewing.
Directions From Bideford Quay proceed towards Northam following the signposts into the village.
Upon reaching The Square continue onto Sandymere Road taking the third right hand turning onto Appledore Road.
Take the second right hand turning into Skern Way and number 5 will be found on your left hand side.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 5, Skern Way, Bideford
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