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See how verdicts work4-bedroom house · EX31 4JH
Listing removedReduced £50k (−8.3%) on 7 AugListed 218 days
Opportunity summary
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About
Privately set and rarely available, this deceptively spacious bungalow has been cherished by the current owners since 1985.
Set within approximately one acre of mature gardens and grounds just over a mile north of Barnstaple, the property features a large double garage/workshop, lpg central heating, and double glazing throughout.
Accommodation comprises a generous living/dining room, stylish kitchen/breakfast room, three large double bedrooms, office/bedroom four, shower room, and separate cloakroom, with additional loft space offering potential for extension (subject to planning).
With far-reaching countryside views, private terraces, and no ongoing chain, this individual home represents a unique opportunity in North Devon.
Carousel, North Devon – A Rarely Available, Cherished Rural Bungalow Privately set in an enchanting rural location just over a mile north of Barnstaple, this deceptively spacious bungalow has been loved and cherished by the current owners since 1985.
Set within secluded private gardens and grounds of approximately one acre, the property combines tranquillity, privacy, and exceptional potential with a lifestyle steeped in the natural beauty of North Devon.
Offered to the market for only the second time since it was built, this highly individual home has been thoughtfully maintained and presents a wonderful opportunity for the next family to enjoy.
Approached via a short tarmac drive leading to a substantial tarmac parking and turning area, the property is complemented by a large double garage/workshop with power and lighting, providing practical utility alongside additional storage or hobby space.
The bungalow also benefits from a septic tank and lpg central heating throughout, together with aluminium frame replacement double-glazed windows, ensuring comfort and efficiency.
On entering, a spacious and welcoming hallway sets the tone for the home, offering level access to all principal rooms.
Radiators, a heating thermostat, and a useful airing cupboard housing the hot water tank add to the practical appeal, while fitted carpet provides warmth underfoot.
The living room is a spectacularly proportioned space, extending to approximately 24 by 22 feet.
A glorious bay window frames sweeping views over the garden and rolling Devon countryside, filling the room with natural light.
Exposed beams, a feature bar in the corner, and sliding doors leading to the side garden add character and charm, while a working gas Stockton2 log-effect wood burner with stone surround forms a striking focal point.
The room is ideal for both relaxing and entertaining, providing an impressive yet comfortable space.
The kitchen/breakfast room is a beautifully appointed hub of the home, combining style with practicality.
A generous range of base and wall cupboards, an inset Belfast sink, integrated oven with electric extractor, and space with plumbing for a washing machine, dishwasher, and tumble dryer make the kitchen ideal for modern living.
A central island provides a sociable spot for casual dining or morning coffee, with dual-aspect windows and a stable-style door opening to the garden, terraces, and countryside beyond.
Laminate flooring and a wall-mounted lpg boiler complete this welcoming space. The property offers three large double bedrooms, each spacious and filled with light.
The principal bedroom enjoys a charming bay window to the front elevation with delightful views over the garden and countryside, providing ample space for a range of furniture.
The second and third bedrooms are similarly generous, with dual-aspect windows and plenty of room for wardrobes and additional furnishings, all benefiting from fitted carpets and radiators.
A versatile office, currently measuring 7’5 by 5’5, could alternatively serve as a dressing room, small nursery, or fourth bedroom.
This room features a window to the front elevation, radiator, fitted carpet, and loft access, with the loft itself offering considerable space and potential for future additional accommodation, subject to planning.
The shower room is contemporary and fully tiled, featuring a double walk-in shower with overhead and rain showerheads, WC, pedestal wash basin, radiator, and a rear-facing double-glazed window.
A separate cloakroom provides a convenient WC with radiator and window to the rear elevation.
Externally, the bungalow sits within mature, well-established gardens with natural stone terraces, lawns, and flowering borders, as well as a variety of trees including eucalyptus and magnolia.
The grounds offer exceptional privacy and tranquillity, along with the potential to further enhance and personalise the outdoor spaces.
Summary: Carousel represents a rare and highly individual bungalow, cherished by the current owners for over 40 years.
Its spacious interiors, versatile accommodation, generous gardens, and exceptional rural setting make it an outstanding opportunity, further enhanced by the potential to extend into the loft.
Offered with no ongoing chain, this property presents a truly unique lifestyle opportunity in North Devon.
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 Carousel,, Shirwell Road, Devon
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