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See how verdicts work2-bedroom bungalow · EX33 1AZ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with NO ONWARD CHAIN, a fantastic opportunity to acquire a bungalow in need of modernisation, with spacious accommodation, large gardens to the front and rear of the property and offers a real scope for further development (subject to planning).
Internally the property has an entrance hall, kitchen with units, boiler and appliances - with window overlooking the drive and door to the conservatory which runs the length of the dining room also.
The lounge is a large space, with feature fireplace and curve-bay window. The dining room is opposite with French doors to the conservatory.
The main bedroom is a large double with fitted storage and further curve-bay window. There is another double bedroom and third bedroom/study.
The family bathroom is a four-piece suite and separate w.c with sink.
Outside is where the potential really lies, with gated driveway, front garde with mature shrubs, parking for two cars and detached good size garage.
Further to the rear, there is a large garden with more mature shrubs and trees, a green house and shed. This area offers great potential for further development. NO CHAIN.
Agents note: : It is believed the property is of non-traditional construction and contains spray foam insulation.
We recommend obtaining an independent survey, as it may not be possible to secure a mortgage for the purchase.
Coming from Barnstaple on the A361 Upon reaching the centre of the village, with Webbers on your right hand side, turn left after the lights on to the Saunton / Croyde road, take the third turning on the right marked Sharlands Lane and then take the first turning on the left, Pixie Lane where the property can be found on you right with gates and for sale board.
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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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 Pixie Lane, Braunton, Devon, EX33
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