2-bedroom flat · EX32 0LJ
For saleListed 25 days
Opportunity summary
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About
82 Bakery Way is a 2 bed first floor flat with parking and a garden. Situated in the popular village of Landkey.
A well-presented and spacious two-bedroom top-floor flat, pleasantly positioned within the popular village of Landkey.
Offering light and comfortable accommodation, the property benefits from a generous lounge/dining room, separate fitted kitchen, gas central heating and uPVC double glazing, together with communal off-road parking and its own private section of rear garden.
The property is approached via a communal entrance, with stairs rising to the top floor. Once inside, the entrance hallway provides access to the principal rooms along with useful built-in storage.
The lounge/dining room is an excellent size and provides plenty of space for both comfortable seating and a dining table.
A large window allows plenty of natural light into the room while enjoying a pleasant outlook, making this a bright and versatile main living space.
The separate kitchen is fitted with a range of cream wall and base units complemented by wood-effect work surfaces and tiled surrounds.
There is a stainless steel sink positioned beneath the window, together with an oven and hob which will remain as part of the sale, and space for further freestanding appliances.
There are two bedrooms, with the principal bedroom being a generous double and offering ample space for bedroom furniture.
The second bedroom is currently arranged as a combined bedroom and home office, demonstrating its versatility as a guest room, study or additional bedroom.
The bathroom is fitted with a white suite comprising a panelled bath with electric shower over, wash hand basin and WC.
The property further benefits from gas central heating and uPVC double glazing throughout.
Entrance Hall - 3.89m x 0.88m/1.78m (12'9" x 2'10"/5'10") - Generous hall with access to a large cupboard; perfect for coats and shoes.
Within the cupboard is access to a loft space which provides additional storage Kitchen - 3.45m x 2.64m (11'3" x 8'7") - A well presented kitchen with plenty of countertop space.
The kitchen sink is set in front of a window that boasts far reaching countryside views. Lounge Diner - 6.27m x 3.56m (20'6" x 11'8") - A dual aspect large living area.
A double glazed bay window providing additional light. Bedroom 1 - 4.10m x 2.90m (13'5" x 9'6") - Spacious double bedroom providing plenty of space for all bedroom furniture.
Bedroom 2 - 2.95m x 2.08m (9'8" x 6'9") - Large single bedroom, does provide adequate space for a double bed. Again benefitting from picturesque views.
Bathroom - 2.51m x 1.55m (8'2" x 5'1") - Bathroom suite fitted with WC, vanity sink and bath with overhead shower. Dry Room - A communal drying room available to both top floor flats.
Rear Garden - The rear garden is split into 4, each having their own private section.
Current owner owns and uses multiple shed storage whilst also benefitting from an area suitable for a BBQ and outside dining.
Other Useful Information - Service Charge: £592.77pa Ground Rent: £ A particularly appealing feature of the property is its own private section of rear garden.
The garden offers a combination of lawn, established planting and paved areas, providing space for outdoor seating and dining. There is also useful garden storage.
Communal off-road parking is available to residents on a non-allocated basis. The existing brochure also records the benefit of a communal drying room serving the top-floor flats.
Landkey is a popular North Devon village situated just a short distance from Barnstaple.
The village offers a range of everyday amenities, while nearby Barnstaple provides a comprehensive selection of shops, supermarkets, schools, leisure facilities, restaurants and transport connections.
The property is also conveniently positioned for access to the A361 North Devon Link Road, providing connections towards Tiverton and the M5, while Barnstaple railway station offers services towards Exeter.
The surrounding area provides easy access to North Devon's countryside, coastline and popular beaches.
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
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FAQ
About 82, Bakery Way, Landkey, Barnstaple
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