3-bedroom bungalow · EX32 9DQ
Listing removedListed 254 days
Opportunity summary
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About
Located in a peaceful area, this large and light three-bedroom detached bungalow is perfect for anyone looking for something with scope for modernisation, comfort and easy, convenient living.
Walking through the useful porch and entrance hall, you are greeted by a wide hallway that leads to all of the main areas of the home.
The lounge is a bright and inviting space, thanks to its large windows that fill the room with natural light.
There’s plenty of room for seating and entertainment, making it an ideal spot for relaxing or hosting guests, with extra space for a dining table also.
The kitchen is designed with practicality in mind, offering ample cupboard and counter space for cooking and storage, along with access to the side entrance to the rear and front gardens.
9 Merrylees Drive has three generously sized bedrooms, two with fitted wardrobes, each offering flexibility to suit your needs, whether you need a home office, guest room or prefer to have a separate dining room, this bungalow really does allow all kinds of flexibility.
The showeroom is centrally located and features a simple, functional design, catering to the needs of the household, along with the added bonus of a garage, with integral access from the bungalow, and a recently replaced new roof.
Situated in a peaceful location, this home offers the perfect balance of quiet living and easy access to local amenities, schools, and transport links.
It’s an excellent choice for families, couples, or anyone seeking a comfortable and practical home in a friendly community. Outside of the property, there is gated off-road parking.
There are also front and rear gardens, with the front laid to mostly flower bed, and the rear laid to lawn, patio and gravel, with the additional bonus of a useful a shed in the corner.
The property provides easy access into Barnstaple town centre is located on a convenient bus route.
Also convenient to access nearby market towns of Bideford (10.1 miles) and Great Torrington (11.6 miles).
The home also enjoys easy access to the A39 Atlantic Highway and the A361 North Devon Link Road.
The A361 North Devon link road, provides easy access to Tiverton and the M5 motorway (Junction 27) with mainline intercity rail links available at Tiverton Parkway (London, Paddington approx.
2 hours) and international airports at Exeter and Bristol.
Barnstaple, the historic and regional centre of North Devon affords a more extensive range of commercial, educational and recreational facilities benefitting from a variety of banking, schooling, a theatre, cinema, leisure centre and restaurants, combining modern shopping amenities with a bustling market atmosphere.
Popular sandy beaches of Westward Ho!, Instow, Saunton, Croyde and Woolacombe are within easy reach.
The cathedral city of Exeter with its university, airport, inter-rail and motorway links is just some 42 miles in distance.
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
Agent & docs
FAQ
About 9, Merrylees Drive, Devon
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