2-bedroom bungalow · EX32 9FP
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SAVE ON YOUR UTILITY BILLS with this energy efficient home - Situated at the end of a small cul-de sac at the popular Mount Sandford Green Development, the Palmer offers a fantastic opportunity to acquire a spacious two double bedroom, detached bungalow with attached single garage and driveway parking.
The impressive open plan living space with vaulted ceiling, full height glazing and aluminium bi-fold doors gives the property a light, airy and contemporary feel.
GREEN ENERGY AT ITS HEART - Storage battery included as standard, Solar PVs fitted as standard, Air source heat pump, Electric car charger fitted as standard, Anticipated A EPC rating* Situated at the end of a small cul-de sac at the popular Mount Sandford Green Development, the Palmer offers a fantastic opportunity to acquire a spacious two double bedroom, detached bungalow with attached single garage and driveway parking.
PLOT 5 THE PALMER - The impressive open plan living space with vaulted ceiling, full height glazing and aluminium bi-fold doors gives the property a light, airy, and contemporary feel.
A generously appointed kitchen includes an induction hob with extractor, integrated fridge/freezer, dishwasher, high level oven and microwave. Quartz or Acrylic worktop also comes as standard.
The separate utility room comes with free standing washing machine and tumble dryer included.
Both double bedrooms have fitted wardrobes as standard, ensuite shower room to bedroom one, plus an additional family bathroom with Roca sanitary ware.
Underfloor heating, brushed steel electrical fittings, LVT flooring in the hallway and living/diner and carpets to the bedrooms also included as standard.
Evergreen Way is an exclusive cul-de sac and follows the hugely successful previous phases at Mount Sandford Green: Aquamarine Drive, The Lawns and Garden Green.
The development holds an enviable position in Newport on the edge of Barnstaple with easy access to local amenities. Newport is a sought after suburb of Barnstaple and offers excellent amenities.
There is also a medical centre, dental surgery, public house and cycle link to Newport, Barnstaple and wider North Devon area.
Barnstaple, the regional centre of North Devon, is only a few minutes drive away, located along the banks of the rivers Taw and Yeo and offers an excellent range of business and leisure facilities including Green Lanes shopping centre, live theatre, leisure and tennis centre.
From Barnstaple there is a train service to Exeter and the dramatic North Devon coast is some 7 to 10 miles from the doorstep.
For more details and specifications please see the attached PDF brochure or call our office.
AGENTS NOTE: 1979 Estate Agents Act – Under the terms of the aforementioned legislation prospective purchasers should note that a director of the vendor of this property is related to a member of our staff (and therefore defined as being a connected person).
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.
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About Evergreen Way, Mount Sandford Green, Barnstaple, EX32
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