1-bedroom flat · EX32 7AA
Listing removedListed 49 days · slow let
Opportunity summary
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About
Available for an unfurnished let in October is this one bedroom top floor apartment benefiting from views over Pilton Park, allocated parking for one car, gas central heating and double glazing throughout.
The apartment comprises an entrance hall with a convenient storage cupboard which housing plumbing for a washing machine leading into a light & airy open plan living/kitchen area with a modern fitted kitchen benefiting from an integrated oven & hob and an additional appliance gap under the counter.
The double bedrooms benefits from having built in wardrobes and an additional cupboard that houses the boiler.
Completing the apartment is a stylish bathroom comprising of a white 3 piece suite including a hand basin, wc and panel bath with shower over. Sorry no smokers or sharers.
From the Webbers Barnstaple office on Queen Street head towards the bus station and take the first exit at the roundabout and again at the next roundabout onto Alexander Road.
Proceed through the lights and at the roundabout take the 2nd exit stating on Alexandra Road. Proceed through the lights again and at the roundabout take the 2nd exit onto Pilton Causeway.
After a short distance Cranleigh Apartments will be found on the corner on the right hand side next to the turning for Yeo Vale Road.
Entrance Fitted carpet, radiator, skylight, dire detector, steps leading to hallway: Hallway Fitted carpet, smoke alarm, cupboard housing plumbing for washing machine and shelving and telecom.
Bathroom Stylish bathroom with panelled bath and shower over, 2nd shower head adjoining bath taps, low level WC, hand wash basin, mirror mounted on wall, extractor fan and tiled flooring.
Bedroom 4.1m x 3.56m Double bedroom with window to rear elevation, double fitted wardrobes, cupboard housing boiler, carbon monoxide alarm and TV point.
Open plan kitchen/living room Living Room 4.27m x 3.86m Fitted carpet, 2 x TV point, telephone point, window to front elevation with views over Pilton park and radiator.
Kitchen 2.84m x 2m Modern fitted kitchen with oven and hob, space for under counter fridge, skylight, stainless steel sink and drainer, tiled flooring and extractor fan.
Outside Allocated parking space for one car.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Cranleigh Apartments, Pilton Causeway, Barnstaple, Devon, EX32
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