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 terraced house · EX39 1DD
Sold STCListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Characterful mid terrace two bedroom cottage style property with superb elevated coastal views.
The property has useful on road parking and is a short walk into the Northam village square which has numerous amenities available.
Occupying a convenient village position and within walking distance is the village centre which offers a selection of shops, Churches, coffee shop, pubs and a Library.
The village also benefits from an indoor heated swimming pool complex as well as Junior and Infant Schools.
Regular bus services commute to the nearby Port and Market town of Bideford (1 1/2 miles) and also the nearby seaside resort of Westward Ho!
(1 1/2 miles) with its long sandy beach, miles of unspoilt cliffside walks and adjoining championship golf course. SERVICES: All mains services. Gas fired central heating. uPVC double glazed windows.
AGENTS NOTE: On street parking is available, although other options can be found nearby, together with a Public Car Park at the entrance to Windmill Lane (100 Metres) or behind St Margarets Church off the Square.
COUNCIL TAX BAND: A. DIRECTIONS TO FIND: From Bideford Quay travel towards the 'new bridge' roundabout, passing Morrisons on your right hand side.
At the roundabout go straight on, signposted to Westward Ho! Northam and Appledore.
At the Appledore slip road turn right and continue along past the swimming pool and just after the turning to Windmill Lane on your right the cottage will be seen on your left-hand side, displaying the house number.
UPVC double glazed door into: ENTRANCE PORCH: Attractive tessellated tiled flooring.
UPVC double glazed door into: HALLWAY: Attractive tessellated tiled flooring, hanging space for cloaks and stairs to the first floor.
LIVING ROOM: 4.51m x 3.40m max Attractive bay window, fitted log burner with slate hearth, column style vertical radiator and laminate flooring.
KITCHEN/DINING ROOM: 6.22m x 3.55m max Fitted log burner with exposed stone and brickwork backing plus slate hearth.
Working surface incorporating single drainer sink unit with tiled splash back, cooker, space for a washing machine and tumble dryer.
Cupboards and drawers with fitted shelving and tiled flooring throughout. Skylight and UPVC double glazed French doors opening onto the rear garden with far reaching coastal views.
STAIRS AND FIRST FLOOR LANDING: Hatch to loft space and fitted carpet. Built-in shelved cupboard. BEDROOM ONE: 4.49m x 3.50m Decorative cast iron fireplace and exposed floorboards. Radiator.
BATHROOM: 2.86m x 2.28m Bath with shower over and fitted splash boarding. Wash basin sat on work surface with storage cupboards and drawers below. Low-level dual flush WC.
White ladder style radiator and vinyl flooring. BEDROOM TWO: 3.10m x 2.74m Superb views over Northam Burrows and onto Westward Ho! Beach. Radiator and fitted carpet.
OUTSIDE: To the front of the property is unrestricted on street parking. The property has two steps up to the front door being underneath an attractive tiled canopy.
The REAR GARDEN can be accessed through the house or via a rear pedestrian gate.
The Garden is relatively low maintenance having mature shrubs and trees with a patio area which enjoys fantastic coastal views. There is also a garden shed and an outside water tap.
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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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
Agent & docs
FAQ
About Searle Terrace, Northam, Bideford, EX39
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