2-bedroom house · EX39 3BB
Listing removedListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
74 Moreton Park Road is a 2 bedroom mid terraced bungalow which benefits from a generous sized, enclosed rear garden.
The property itself is in need of some updating however it does have perfectly serviceable accommodation allowing for improvements to be made whilst in residence.
It has the added advantage of no onward chain so offering a quick sale.
Bideford is a popular town and a working port, located on the banks of the River Torridge, and houses a good selection of amenities including a range of shops, schooling for all ages, and leisure amenities as well as the Affinity Outlet shopping centre.
The Tarka Trail, a popular walking and cycling route passes through the town and provides stunning views of the river and countryside.
The A39/Atlantic Highway provides easy access to Barnstaple, North Devons Regional Centre, housing the areas main shopping, business and commercial venues.
The accommodation comprises (all measurements being approximate) - Entrance Hall Brand new carpet, Radiator, Hive control unit. Cupboard.
Kitchen - 11'6" (3.51m) x 8'0" (2.44m) Fitted with a comprehensive range of base and wall cupboards with inset 1 1/2 bowl stainless steel sink and drainer, integrated oven hob and filter.
Plumbing for washing machine (can be included) or dishwasher, breakfast bar, Worcester gas fired boiler. UPVC double glazed window. Vinyl flooring.
Living Room - 14'1" (4.29m) x 12'5" (3.78m) Matching carpet. Radiator. UPVc double glazed windows and door to rear. Bedroom 1 - 12'0" (3.66m) x 9'9" (2.97m) Matching carpet. Built in triple wardrobes.
Radiator. UPVc double glazed windows to rear elevation. Bedroom 2 - 11'10" (3.61m) x 8'2" (2.49m) Matching carpet. Radiator. UPVc double glazed window to front elevation.
Bathroom Fully tiled room with cream 3 piece suite comprising modern panelled bath, pedestal hand basin & close coupled wc. Shower attachment to bath plus glass screen. Vinyl floor.
Chrome towel radiator. Extractor fan. UPVc Double Glazed window. Outside Open plan frontage with areas of chippings.
To the rear is an enclosed garden area mainly laid to patio with mature shrubs and bushes. Unrestricted street parking is available to the front of the property.
Directions Directions: From Bideford Quay proceed up the main High Street veering left at the top and then taking the next turning right into Abbotsham Road.
Continue for over 1/4 mile and after passing Bideford College on the left take the next left into Moreton Park Road.
Continue on this road for about half a mile and the property will be found on your right hand side.
The accommodation is at present arranged to provide (all measurements are approximate):- what3words /// bonus.wing.sheet Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 74, Moreton Park Road, Bideford
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