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See how verdicts work2-bedroom house · EX23 9JH
For saleReduced £10k (−4.3%) on 6 OctListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire this well-presented 2 bedroom semi-detached home, pleasantly situated within the peaceful rural hamlet of Woodford, close to the North Cornish coastline and within easy reach of the popular coastal town of Bude.
The property offers comfortable accommodation arranged over 2 floors, comprising an entrance hall, a light and welcoming living room, fitted kitchen and useful adjoining utility area.
To the first floor are 2 bedrooms together with a family bathroom.
Externally, the property benefits from an enclosed rear garden enjoying attractive far-reaching countryside views, providing an excellent space for outdoor seating, gardening and relaxation.
Access to the garden is via the left-hand side of the property. The property also benefits from a single garage located within a nearby block, providing useful additional parking or storage.
Woodford is a peaceful rural hamlet within the coastal parish of Morwenstow, well placed for access to the nearby beaches and dramatic coastline at Duckpool, Sandymouth and Northcott.
The village of Morwenstow offers a well-regarded primary school, public house, church and recreational facilities, whilst Bude lies approximately 7 miles to the south and provides a comprehensive range of shops, schools, supermarkets, leisure facilities and beaches.
The property would make an ideal first-time purchase, downsizing opportunity, investment property or coastal retreat. EPC Rating E. Council Tax Band B.
5 Cleave Crescent enjoys a pleasant and desirable location in this peaceful rural hamlet of Woodford lying within the coastal parish of Morwenstow with its outstanding St Marks CE Primary School which has a fantastic reputation in the local area.
Other places of interest include places of Worship, local pub and recreational facilities.
The rugged North Cornish coastline is close by and is famed for its many areas of outstanding natural beauty and popular bathing beaches, whilst the popular coastal town of Bude which supports a comprehensive range of shopping, schooling and recreational facilities lies some 7 miles distant.
The bustling market town of Holsworthy lies some 12 miles inland and the port and market town of Bideford lies some 20 miles in a north easterly direction and provides a convenient access to the A39 North Devon Link Road which connects in turn to Barnstaple, Tiverton and the M5 motorway.
Directions From Bude town centre proceed out of the town towards Poughill, proceed through the village and upon reaching Inches Shop turn left towards Stibb.
Continue for approximately 2 miles and upon reaching Stibb turn left towards Duckpool.
Proceed down the hill passing through Duckpool and up the steep hill the opposite side, continue past gchq take the second right hand turning into Cleave Crescent whereupon number 5 will be found on the right hand side.
The property is approached via a pedestrian pathway to the front, with access continuing along the left-hand side of the house to the enclosed rear garden.
The garden enjoys a pleasant outlook across the surrounding countryside and provides a good area for outdoor seating, entertaining and gardening, with scope for purchasers to further personalise the space to suit their own requirements.
A single garage is situated within a nearby block, providing useful secure storage or additional parking.
Entrance Porch (5' 5" x 4' 9") Hallway (2' 10" x 11' 2") Living Room (8' 10" x 19' 4") Kitchen (9' 8" x 8' 0") Utility Room (9' 2" x 6' 11") WC (5' 5" x 2' 9") First Floor Bedroom 1 (15' 8" x 8' 4") Bedroom 2 (10' 10" x 8' 6") Bathroom (7' 9" x 5' 3") Outside The property is approached via a pedestrian pathway to the front, with access continuing along the left-hand side of the house to the enclosed rear garden.
The garden is principally laid to lawn and enclosed by fencing, with a pedestrian side gate providing access.
Enjoying breathtaking views across the surrounding countryside and coastal hinterland, it provides an excellent space for outdoor seating, entertaining and gardening.
A single garage is situated within a nearby block, providing useful secure storage or additional parking Anti-Money Laundering Before any sale is formally agreed, we have a legal obligation under the Money Laundering regulations and Terrorist Financing Act 2017 to obtain proof of your identity and of your address, take copies and retain on file for five years and will only be used for this purpose.
We carry out this through a secure platform to protect your data.
Each purchaser will be required to pay £20 upon an offer verbally being agreed to carry out these checks prior to the property being advertised as sale agreed. Services Mains electric and water.
Private drainage. The development has a shared drainage system and the vendor has advised a service charge of £50pcm is payable. Lpg Gas Central Heating. EPC Rating E Council Tax Band B
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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FAQ
About 5, Cleave Crescent, Bude
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