2-bedroom terraced house · EX31 1AG
Listing removedListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a 40% share of this well-presented two-bedroom mid-terrace home, situated in the popular Pilton area, close to local schools, amenities, and within easy reach of Barnstaple town centre.
The property is entered via a central hallway, with a convenient downstairs WC.
The modern fitted kitchen benefits from a built-in oven and hob with extractor over and space for a washing machine, and a freestanding fridge/freezer.
To the rear, there is a spacious lounge-diner offering ample room for both living and dining, with French doors opening onto the south-facing rear garden, allowing plenty of natural light.
Upstairs, the property offers two generous double bedrooms and a recently renovated three-piece suite family bathroom. Externally, there is designated parking for one vehicle to the front.
The rear garden enjoys a sunny south-facing aspect and comprises a patio area, lawn, and space for a shed.
A fantastic option for first-time buyers looking to get onto the property ladder in a convenient location.
AGENTS NOTE – ANY PROSECTIVE PURCHASER MUST HAVE A LOCAL CONNECTION TO THE AREA Leaving Barnstaple in the direction of Pilton, follow along Alexandra Road, taking the second exit on the first roundabout.
Then take the second exit again on the next roundabout to take you onto Pilton Causeway. Follow straight through both sets of traffic lights onto the A39 (North Road), leading up to the hospital.
Once you approach the roundabout at the top of the hill, take the first exit onto Westaway Plain. Follow this road until you see a signpost with Shearford Close on your right hand side.
Follow the road down on the left towards the end of the development, and a cul-de-sac will be found on your right hand side and number 20 will be halfway up the terrace on your right.
Entrance Hall WC Kitchen 3.58m x 2.1m Lounge/Diner 5.3m x 4.2m First Floor Landing Bedroom 1 4.2m x 3.6m Bedroom 2 4.5m max x 3.33m Bathroom Tenure Leasehold (share of Freehold) - 125 year lease commencing May 2017 Services All mains services connected Viewing Strictly by appointment with the sole selling agent Council Tax Band B - North Devon District Council Rent Vendors advise £366.16 per calendar month (includes maintenance fee for the upkeep of communal areas) Agents Notes 1.
The new owner will own a 40% share. Any prospective purchaser/s will be required to meet the requirements as set out by LiveWest 2. ANY PROSECTIVE PURCHASER MUST HAVE A LOCAL CONNECTION TO THE AREA
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 Shearford Close, Barnstaple, Devon, EX31
Explore nearby