1-bedroom flat · EX32 9BB
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the popular are of Newport within walking distance to town centre if this convenient studio apartment.
The accommodations compromises of a living area/bedroom with a modern fitted kitchen with a freestanding cooker and additional appliance gaps with plumbing for a washing machine to complete the studio apartment is a stylish shower room.
Benefits include heating and water rates included in the rent. Available NOW for an unfurnished let. Sorry no smokers or sharers AGENT NOTE: There is no parking or outside space with this property.
Access to the flat is down some steps From the square in Barnstaple proceed down Taw Vale, turn right into Newport Road and the property can be found after a short distance on the left hand side, after the Garage.
Living room/bedroom area 4.22m x 4.06m Fitted carpet, TV point, radiator, door and window to front elevation.
Kitchen 1.42m x 3.15m Modern fitted kitchen with cooker, space and plumbing for washing machine, space for fridge, vinyl flooring, window to front elevation, extractor fan, stainless steel sink and drainer.
Shower room Modern stylish shower room with electric shower, low level W/C, hand wash basin, heated towel rail, extractor fan.
Agents Notes There is no parking or outside space with this property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Newport Terrace, Barnstaple, Devon, EX32
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