2-bedroom bungalow · EX32 0NZ
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being immaculately presented throughout and offering well-proportioned 2 bedroom accommodation, this is a fantastic opportunity to purchase a detached bungalow in the popular village of Landkey.
Russell Close is a small and quiet cul-de-sac situated within the village, offering a peaceful setting.
Upon entering, you are welcomed by an entrance porch, ideal for coats and shoes, leading through to the main entrance hall.
The property offers a spacious living room, creating a comfortable and inviting space to relax, alongside a modern fitted kitchen complete with integrated electric hob and oven, appliance space, and an excellent range of worktop and cupboard space.
The kitchen also provides direct access into the sunny conservatory, a wonderful additional reception area enjoying a pleasant outlook over the garden.
The accommodation further comprises a generous double bedroom, a further good-sized second double bedroom, and a bathroom fitted with a three-piece white suite.
Outside, the property occupies a pleasant corner plot with a lawned area wrapping around to an easy-maintenance garden, laid mainly to paved patio, providing the perfect space for outdoor dining and entertaining, particularly as it leads directly off from the conservatory.
A small pedestrian gate gives access through to the driveway parking and single garage.
This delightful bungalow would make an ideal home for those seeking comfortable village living in a quiet and desirable location.
Leave Barnstaple on the inner relief road passing the Tesco roundabout in the direction of South Molton/Tiverton. Landkey is the first turning on the right off the North Devon link road.
Follow the road into the village and after passing through the heart of the village you will see towards the end on your left, Meadow Road which in turn leads to Russell Close and the property will be found along on your right hand side displaying a for sale board.
Entrance Porch Entrance Hall Bedroom 1 (3.48m x 3.2m) Bedroom 2 (3.05m x 2.34m) Bathroom Lounge (4.2m x 3.73m) Kitchen (2.97m x 2.95m) Conservatory (2.92m x 2.2m) Garage (5.08m x 2.84m) Tenure Freehold Services All mains services connected Viewing Strictly by appointment with the sole selling agent Council Tax Band C - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £950 to £1,050 subject to any necessary works and legal requirements (correct at may 2026).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating, and that this rating may increase.
Please refer to your solicitors as the legal position may change at any time.
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.
Area
Agent & docs
FAQ
About 24, Russell Close, Barnstaple
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