3-bedroom bungalow · EX36 4DR
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious three bedroom chalet-style bungalow, conveniently positioned on the outskirts of the popular North Devon market town of South Molton and within easy reach of local amenities and a regular bus route.
Well presented throughout, the property offers generous and versatile accommodation, together with a garage, off-road parking and an attractive enclosed rear garden.
The entrance hall provides access to the principal ground floor rooms, with stairs rising to the first floor.
The spacious living/dining room offers plenty of room for both lounge and dining furniture, with a feature fireplace and access through to the conservatory.
The conservatory provides an additional reception space overlooking the rear garden.
The kitchen is fitted with a range of units and integrated appliances including a double electric oven, gas hob, extractor and dishwasher.
An adjoining utility area provides further storage, space and plumbing for appliances, together with a side door to the car port.
There are two double bedrooms on the ground floor, one with built-in wardrobes and the other currently arranged as a study.
Upstairs is a further bedroom, family bathroom with separate shower and bath, and a useful walk-in wardrobe/storage room. Outside, the property benefits from off-road parking, a car port and garage.
The established rear garden is arranged over several levels with paved seating areas, mature planting and a raised area ideal for outdoor dining.
There is also a useful shed and workshop with power connected. From our office, leave the Square via Barnstaple Street and then take the first left turn into West Street.
Drive down West Street and take the 3rd turning on the left into Raleigh Park. Number 29 will be found after a short distance on your left hand side.
Viewings Strictly by appointment through the sole selling agent. Council Tax Band D - North Devon District Council Services All mains service connected.
Solar panels provide electric to the property plus provide an income. Tenure Freehold
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
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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 29, Raleigh Park, Devon
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