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See how verdicts work2-bedroom bungalow · EX33 2HP
For saleReduced £15k (−4.1%) on 25 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly presented and much improved 2 bedroom semi detached bungalow situated within this popular and much sought after location of Moor Lea.
The property can only be fully appreciated upon a formal viewing to appreciate this gem of a home.
The property has been the subject to numerous improvements and modernisation over recent years and now provides extremely comfortable and well planned living accommodation.
Briefly comprises entrance hall, spacious open plan lounge kitchen and diner.
Stylish modern contemporary kitchen with integral appliances, well appointed 4 piece family bathroom, there are 2 bedrooms and each enjoy a pleasant outlook overlooking the rear garden.
Spacious sunny garden, partial garage and workshop/store. Generous private driveway providing plenty of off road parking. Viewing absolutely essential.
EPC: Band: C This is an excellent opportunity to acquire this superbly presented 2 bedroom semi detached bungalow situated within a popular residential location and is surrounded by similar style dwellings.
The property has been subject to numerous improvements and modernisation over recent years undertaken by the current owners and now provides extremely well planned and comfortable living accommodation.
There is the benefit of easy to maintain brick elevations with some cedral cladding, full PVC double glazing, gas fired centrally heated, there is LVT tile flooring to the impressive open plan lounge kitchen and diner along with matching Suffolk oak internal doors maintaining uniformity.
Briefly the accommodation comprises, steps rising to the entrance door which leads into the entrance hall with storage cupboard housing an IDEAL gas boiler serving central heating system.
The bright and spacious open plan lounge kitchen diner is a most impressive room and enjoys a pleasant view towards Heanton Church in the far distance.
The kitchen has been very well designed and has a comprehensive range of base and wall units finished with stylish slim profile working surfaces creating a sleek and contemporary finish, this doubles up as a breakfast to the far end.
This well planned kitchen has a 'Port hole' feature opening into the inner hall and is centred to the front entrance door.
There is an inset double Belfast ceramic sink and integral appliances to include, electric hob, fridge freezer, dishwasher, along with an eye level oven and microwave above.
There is also access leading to the side of the property and into the garden. An inner hall provides access to both bedrooms both of which enjoy a pleasant outlook overlooking the rear garden.
Bedroom 1 has a spacious fitted wardrobe with sliding mirror fronted doors.
The modern well fitted 4 piece modern bathroom suite is found to be very well appointed and finished with black sanitary ware, There is also the advantage of underfloor heating.
Entrance Hall - 1.60m x 1.14m (5'3 x 3'9) - Open Plan Lounge Kitchen Diner - 7.21m x 4.78m max (23'8 x 15'8 max) - Inner Hall - 1.88m x 0.91m (6'2 x 3'0) - Bedroom 1 - 4.14m x 2.77m (13'7 x 9'1) - Bedroom 2 - 3.25m x 2.87m (10'8 x 9'5) - Bathroom - 2.24m x 1.88m (7'4 x 6'2) - Partial Garage - 2.69m x 2.51m (8'10 x 8'3) - Workshop / Store - 2.44m x 2.31m (8'0 x 7'7) - Popular Residential Location - Stylishly Appointed - Generous Gardens - Viewing Essential - Directly to the front of the property is a large expanse of private driveway having been newly laid providing off road parking for a number of vehicles.
There is a detached partial garage with workshop/ store along with power and light connected. The rear garden is fully enclosed therefore child and pet friendly and is gently sloping.
The garden is laid to lawn to the majority with a raised patio terrace located to the centre and enjoys a high degree of sunshine.
Situated to the top section of the garden are raised vegetable/flower beds along with a useful potting shed.
There is access leading to the rear of the garage and a timber gate leads to the front of the property.
The property forms part of the popular Moor Lea situated to the east side of Braunton village and located off Lower Park Road.
There is a mixture of houses and bungalows in the area and they are always in good demand.
Access to the village centre is convenient and there are a good number of local shops and stores available in the village only a few minutes drive away.
There are also good secondary and primary schools available within a few minutes walk.
Braunton is considered one of the largest villages in the country and caters well for its inhabitants and is conveniently situated to the sandy beaches of Croyde and Saunton approximately 5 miles to the west.
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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