2-bedroom bungalow · EX33 1QA
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a quiet cul-de-sac on the western side of Croyde, within easy walking distance of the beach and village amenities, this spacious two double-bedroom bungalow offers an outstanding holiday letting income.
The property is available as a fantastic going concern, with the current owners advising gross annual income of approximately £40,000.
It typically books for 30 to 40 weeks each year with around 50% being return guests. Due to this it qualifies for business rating and enjoys 100% small business rate relief.
The accommodation features high-quality fittings throughout, centred around a superb open-plan living, dining and kitchen area that spans the length of the property, creating a bright and impressive space.
Bi-fold doors open onto the rear garden, while the contemporary gloss kitchen is fitted with granite worktops and integrated appliances.
There are two double bedrooms, with the principal bedroom benefiting from an en-suite bathroom with a shower over the bath.
A separate family shower room serves the remaining accommodation, and a useful porch provides additional storage and practicality.
Outside, there is a paved driveway providing parking for up to three vehicles, aith an EV charger point installed, a lawned front garden, and a garage with side access to the rear.
The landscaped rear garden is mature and private, featuring established planting, a lawn, patio area ideal for al fresco dining, and an outdoor shower.
Further benefits include a solar panel for water heating. The property is offered to the market with no onward chain.
It is understood that the property benefits from full permitted development rights; however, further investigations are recommended. From the M5 exit at J27 take the A361 towards Barnstaple.
At Barnstaple stay on the A361 which becomes a ring road and will be signposted Ilfracombe and Braunton.
You will cross the Taw Bridge over the estuary (River Taw) and after a few miles come to Braunton.
At the main set of traffic light in Braunton turn left signposted Croyde follow this road for a few miles and on entering Croyde proceed into the village passing Croyde bay Holiday Village turn left into West Croyde and the property can be found halfway down the road on the right hand side with Name plate.
Viewings Strictly by appointment with the Sole Selling Appointment Services Mains electric, water and drainage.
Air source heat pump heating Council Tax Band Currently Business Rated Tenure Freehold Porch Hallway Kitchen/Sitting/Dining Room (8.59m x 3.48m) Shower Room (2.44m x 1.6m) Bedroom 1 (3.58m x 2.77m) Ensuite (2.36m x 2.03m) Bedroom 2 (3.35m x 2.77m) Garage (4.83m x 2.36m)
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
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FAQ
About Bamboo, 12, West Croyde, Braunton
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