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See how verdicts work3-bedroom house · EX39 1DY
For saleReduced £40k (−16.7%) on 10 SepListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within a short and convenient walk of Northam village centre, this 3 Bedroom mid-terrace home presents an excellent opportunity for buyers seeking a property to modernise and create a home to their own taste.
Offering well-proportioned accommodation and a generous plot, the property has clear potential throughout, with no onward chain.
The accommodation is arranged over 2 floors and briefly comprises a welcoming Entrance Hall leading through to a spacious Lounge, enjoying good natural light and fittings in place for a gas fire.
To the rear, the Kitchen provides a functional footprint with direct access out to the garden, along with ample room for a dining area.
A ground floor Bathroom is also in place, offering scope for updating to modern standards.
Upstairs, the first floor offers 3 Bedrooms, including a particularly generous principal room, along with 2 further bedrooms suitable for family use, guests or a home office.
Whilst the property would now benefit from comprehensive modernisation throughout, it does already enjoy the advantages of UPVC double glazing and a modern mains gas boiler, providing a solid base for improvement.
Externally, the rear garden is a standout feature, extending to approximately 25 metres in length and offering a high degree of privacy.
The space is currently arranged with a mixture of patio and mature planting but offers excellent potential to landscape into a superb outdoor area.
At the far end of the garden, a gate provides access into a wooded area which is included within the property and adds a unique and appealing natural extension to the plot.
On-street parking is available to the front, and the property is conveniently located for Northam’s everyday amenities including a convenience store, cafés, pubs and schooling.
The coastal resort of Westward Ho! And the charming fishing village of Appledore are both within a short drive or accessible via local transport links.
A property with clear potential in a popular and well-connected location. Directions From Bideford Quay proceed towards Northam passing the Durrant House Hotel on your right hand side.
Take the right hand turning signposted Northam Town Centre. Continue into the village before taking the right hand turning onto Diddywell Road.
Proceed downhill taking the right hand turning into Ashfield Terrace. Find somewhere to park. 2 Norman Terrace is right, from the end of this road, on your left hand side.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 2, Norman Terrace, Bideford
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