1-bedroom flat · EX32 9BB
Let agreedListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern one bedroom flat is located in the very popular Newport area, within an easy walk of Barnstaple town centre and Rock Park.
It has just been completed modernised and upgraded to create a perfect pad for the working professional person or couple.
The kitchen area consists of light grey units with co-ordinated high gloss tiles to the wall, ceramic electric hob and extractor hood over. A large window over looks the courtyard beyond.
The lounge area is a great space with a matching grey carpet. A door leads into the great sized bedroom with window overlooking the front garden. The grey carpet matches the lounge.
The bedroom has an en-suite shower room with walk-in shower, white toilet and basin and chrome towel rail. There is a laundry room with washing machine for use by the two basement flats.
Electric and water bills included. The property is heated by electric heaters and has a Council Tax Banding of A.
Available from October 2026 on an Assured Periodic Tenancy (APT) with potential for a Long Term Let. One month’s rent will be payable at the tenancy onset and a deposit of £825 will be required.
The deposit will be registered in accordance with TDS criteria; a Government approved deposit agency with insurance backing and a deposit certificate will be issued to tenants once it has been registered.
We also offer an alternative deposit scheme via Reposit and successful applicants we be able to choose between traditional or the alternative, please contact us for further details.
Please note that all persons over 18 years of age would be expected to be on the tenancy agreement. Referencing will be based on affordability.
Please note that smoking and vaping is not permitted in the property. The property will be managed by the Landlord/Northwood.
Northwood North Devon Ltd is a member of Propertymark which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme.
You can find out more details EPC rating: E.
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 Newport Terrace, Newport Road, Newport, Barnstaple, EX32
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