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See how verdicts work5-bedroom detached house · EX31 4BN
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot measuring approximately one third of an acre in the village of Chivenor, 2 The Farthings is an exceptionally spacious and highly versatile family home, offering approximately 2,038 sq.
Ft. Of accommodation. The property enjoys a highly convenient position just a short drive from the extremely desirable coastal village of Braunton.
Renowned for its thriving community, independent shops, cafés and excellent access to the spectacular North Devon coastline, Braunton remains one of the area’s most sought-after places to live.
The home is also well placed for access to the popular Tarka Trail, providing a scenic traffic-free route for walking and cycling through the surrounding countryside and towards Barnstaple and Braunton.
The property is therefore ideally positioned for purchasers wishing to enjoy village and coastal life while retaining convenient access to Barnstaple and the wider North Devon area.
A particularly noteworthy feature is the adjoining one-bedroom annexe, which is currently used as a popular Airbnb and offers the potential to generate a useful supplementary income.
Alternatively, it would be ideally suited to multi-generational living, visiting relatives or those seeking a degree of independence alongside the main residence.
The home is approached over a generous gravelled driveway, providing ample off-road parking for several vehicles.
Upon entering the main residence, a welcoming entrance hall provides access to the principal ground-floor rooms and stairs rising to the first floor.
The well-proportioned living room extends to approximately 20'10" in length and offers ample space for a variety of sizeable furniture.
A feature fireplace housing a wood-burning stove creates an attractive focal point, while French doors open directly onto the garden, allowing plenty of natural light to enter the room and providing a pleasing connection between the internal and external spaces.
At the heart of the home is the wonderfully spacious kitchen and dining area.
The kitchen offers an extensive range of storage and preparation space, together with room for a substantial freestanding cooker and additional appliances.
The adjoining dining area is particularly generous and provides an excellent setting for everyday family life, entertaining and larger social occasions.
Double doors lead from the dining area into the garden room, which enjoys views over the surrounding greenery and offers a peaceful additional reception space that could be used as a sitting room, playroom or hobby room.
A particularly useful utility room provides further storage, appliance space and access to the outside. Completing the ground-floor accommodation is a convenient shower room.
To the first floor of the main residence are four well-proportioned bedrooms, three of which are generous doubles.
These rooms provide considerable flexibility for families, with one equally suitable for use as a study or additional home-working space if required. The bedrooms are served by a family bathroom.
The adjoining annexe provides tremendous versatility and is currently operated as a popular Airbnb.
It incorporates its own kitchen and dining room on the ground floor, with stairs rising to an impressive double bedroom with en-suite facilities.
This comfortable and well-presented space offers prospective purchasers the opportunity to continue its existing use and generate a supplementary income, subject to any necessary permissions and requirements.
Alternatively, it could prove ideal for an older relative, an adult child or regular guests while remaining conveniently connected to the main home.
The property stands within an overall plot of approximately one third of an acre, arranged into multiple established areas of garden that offer plenty of space for relaxation, recreation and outdoor entertaining.
A paved seating terrace immediately adjoining the property provides an excellent setting for alfresco dining, while the lawns are complemented by an abundance of established planting, creating a wonderfully leafy setting.
One area of the garden also accommodates a substantial wooden home office measuring approximately 4.38m x 3.77m.
This provides a valuable dedicated workspace away from the main residence and is ideal for prospective purchasers who work from home, while also offering potential for use as a studio, hobby room or creative space.
Fibre to the premises (FTTP) has already been installed at the property, providing access to a fast and reliable internet connection-an especially valuable benefit for home working and modern family life.
Altogether, 2 The Farthings represents a rare opportunity to acquire a substantial and adaptable home within easy reach of Braunton, the Tarka Trail and the magnificent North Devon coastline.
With generous parking, multiple garden areas, a sizeable dedicated home office, FTTP connectivity and genuine annexe accommodation, its impressive proportions, flexible arrangement and existing Airbnb use make it particularly appealing to larger or extended families, as well as purchasers seeking supplementary income potential.
An internal viewing is strongly recommended to fully appreciate everything this individual property has to offer. Directions What3words: ///initiates.shorten.over
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.
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FAQ
About 2, The Farthings, Barnstaple
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