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 semi-detached house · EX32 0FB
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Brand New Development In The Sought AFter Village Of Landkey - The Tamar - A New 2 Bedroom Semi-Detached House Built By The Superb Local Developer, Pearce Homes.
Call Us Now To Reserve Your Brand New Home! The Tamar is a pleasant semi-detached home, with two double bedrooms and generous reception space.
The ground floor comprises entrance hall, guest cloakroom, open plan kitchen, lounge and dining area with French doors opening out on to the enclosed rear garden.
To the first floor are two double bedrooms served by a family bathroom. This home has the benefit of allocated parking. Long Close is an impressive development of 20 new homes in Landkey.
Nestled perfectly in the rolling North Devon countryside, the village which remains largely unspoilt and retains much of the character of a rural country community.
Originally a Saxon farming area, Landkey became a parish in its own right during the 12th Century.
The church, an attractive building, entirely late 15th Century, except for the chancel which was rebuilt in 1870, is dedicated to St Paul.
Landkey is also quite famous for its Mazzard fruit which was discovered by local farmers in the early 1900s. Landkey Parish Council has rescued Mazzard trees from the brink of extinction.
The sweet cherry was once common in North Devon, but had almost died out when the parish council won a grant to pave the way for creating a new orchard as part of a wider Millennium Green project.
Landkey itself offers a village hall, shop, church, primary school and local pub.
Although a rural location, Landkey is ideally situated, being only 3 miles from North Devon’s regional centre of Barnstaple.
Barnstaple offers a wide range of facilities with its local and high street shops, train and bus stations, theatre and leisure facilities.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Long Close, Landkey, Barnstaple
Explore nearby