3-bedroom bungalow · EX36 3FD
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in one of the most desirable locations on this development is this fantastic three bedroom detached bungalow sat on a substantial corner plot and in a tucked away position.
Built by NHBC registered builders Baker Estates in 2019 the property is situated in a quiet cul-de-sac on the edge of the popular Bee Meadow development offering three bedrooms, two bathrooms, a spacious open plan kitchen / dining room with a high quality fitted kitchen and tasteful flooring, seperate lounge, double garage and a fantastic size wrap around south facing rear garden.
A spacious reception hall welcomes you into the home with doors to all internal rooms. In the hall there is are two useful storage cupboards perfect for coats and shoes.
Straight ahead of you, overlooking the garden is the spacious open plan kitchen / dining room which is extremely bright and light with double doors into the garden.
The kitchen is fitted with an array of tasteful modern wall and base units, integrated dishwasher and fridge freezer, eye level cooker and grill and induction hob finished off with a beautiful Silestone Quartz worktop.
Off the kitchen is a well-proportioned utility room with space for washing machine, storage cupboard and door out to the rear garden.
From the dining room, the living area is positioned to the right through a set of internal double doors with space to fit sizeable furniture and a second set of external double doors leading onto the lovely rear garden which floods the room with natural light.
Positioned off the hall is the generous master bedroom which has been well fitted with mirrored wardrobes and an en suite shower room comprising of a walk in shower, WC and hand basin with tasteful floor to ceiling wall tiles.
Both bedrooms two and three are light, bright and double in size making the perfect room for guests or used as a separate study if required.
The main bathroom is of good size fitted with a modern three piece suite and shower over bath with attractive wall tiles.
One of the real defining features of this property is the large wrap around south facing rear garden that enjoys a high degree of privacy.
The rear garden has been landscaped beautifully with dry stone walls bordering the raised flower beds. A large patio area covers the length of the property - the perfect space for al fresco dining.
The garden also benefits from a summer house with power and lighting.
If all of this wasn’t enough, to the side of the property there is an additional area of garden which is currently used as a vegetable garden with attractive raised beds and a greenhouse.
To the front of the property is the double garage with power and lighting and ample space for multiple vehicles, as well as a large front area mainly laid to lawn.
From our office leave the square via Barnstaple Street, stay on this road and at the very top of the hill is the turning to Bee Meadow. Granite Close is the first turning on the right.
Services All mains services connected, telephone and broadband available Council Tax NDDC - D Viewing Strictly by appointment with the sole selling agent Webbers.
Maintenance charge There will be annual maintenance charge of approximately £275 per annum.
MOBILE AND BROADBAND We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting OFCOM.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs

FAQ
About Granite Close, South Molton, Devon, EX36
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