3-bedroom terraced house · EX32 7LR
Listing removedListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated just outside Barnstaple within a small residential development, this well-presented three-bedroom terraced home offers spacious and comfortable accommodation throughout benefitting from gas central heating and double glazing throughout.
The ground floor comprises an entrance hall leading into a bright and airy living room, along with a generous kitchen/diner featuring an integrated oven and hob, space and plumbing for a washing machine, and room for an upright fridge/freezer.
The kitchen also provides direct access to the garage and the fully enclosed rear garden. A convenient ground floor WC completes the downstairs accommodation.
Upstairs, the property offers three double bedrooms, with the principal bedroom benefiting from an en-suite shower room.
A modern family bathroom serves the remaining bedrooms and includes a panelled bath, wash hand basin and WC.
Externally, the property benefits from covered off-road parking, a single garage and a fully enclosed, low-maintenance paved rear garden.
Available unfurnished from September and managed by the landlord. Sorry, no smokers or sharers.
From the Webbers Office on Queen Street Barnstaple head towards the bus station and take the first exit at the roundabout and then the first exit again after a short distance onto Alexander Road.
Proceed through the first set of lights and at the cross road traffic lights turn right onto Bear Street towards Goodleigh & Bratton Fleming.
Procced along this road and The Close will be found on the left hand side after approximatley 3/4 miles. Number 5 will be seen in front of you to the left.
Entrance Hall Living room 3.89m x 2.97m Fitted carpet, windows to front elevation, TV point, radiator.
Kitchen/dining room 3.89m x 3.89m Modern fitted kitchen with built in cooker and hob, extractor over, stainless steel sink and drainer, window to rear elevation, space and plumbing for washing machine, space for fridge/freezer, door to garage and door to rear garden, laminate flooring.
Cloakroom Low level W/C and hand wash basin. Bedroom 1 2.97m x 3.89m Fitted carpet, radiator, windows to front elevation.
Bedroom 2 2.5m x 3.89m Fitted carpet, radiator, windows to rear elevation.
Ensuite shower room Low level wc, wash hand basin, shower cubical with electric shower, extractor vent, light fitting and shaver light.
Bedroom 3 2.7m x 3.18m Fitted carpet, radiator, balcony to front elevation, radiator.
Bathroom White fitted bathroom with panelled bath, low level W/C, hand wash basin, Velux window, radiator, laminate flooring.
Outside To the front of the property is covered off road parking and a single garage. To the rear of the property is a fully enclosed paved garden.
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
We're still gathering serviced-accommodation data for this area.
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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 The Close, Barnstaple, Devon, EX32
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