2-bedroom house · EX32 8FJ
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now available Plot 3 is a 2 bedroom terraced home with a garage and parking. No. 3 Drovers Mews is a fantastic townhouse, with an internal garage located on the ground floor.
On the first floor is an open plan kitchen/dining/living area and WC. Following up from the stairs are two bedrooms and family bathroom.
Drovers Mews is a development of eight architect-designed townhouses.
New to the market, the properties have been built to a superior standard using icf (Insulated Concrete Formwork) for sound, fire and thermal integrity.
Solar panels, air source heating, mvs heat recovery and underfloor heating assure future-proofed living and low running costs.
Drovers Mews sits in its own close minutes from Barnstaple High Street, so offers tranquil living a short walk from local amenities including the Pannier Market, shopping, Tarka Leisure Centre and walks along the river to Rock Park.
Links to transport networks are close by, with the main bus station a block away, the train station 1.5 miles away and convenient access to the A39/A361.
Whether as an investment or lovely place to live, Drovers Mews represents exceptional value for money thanks to thoughtful eco-focused design and a ‘fabric first’ approach ensuring superior performance from the building envelope.
Drovers Mews is located in the market town of Barnstaple, North Devon. Situated near the town centre, Drovers Mews also benefits from easy access to motorway, rail and bus networks.
Drovers Mews is located a block from the main bus station and 1.5 miles from Barnstaple train station.
By road, the A361 North Devon Link Road provides easy access to Tiverton and the M5 motorway (junction 27).
Mainline intercity rail links from Tiverton Parkway reach London Paddington in approximately 2 hours. International carriers fly from Exeter and Bristol airports.
Barnstaple is the historic regional centre of North Devon and offers commercial, educational and recreational facilities including banks, schools and colleges, theatre, cinema, leisure centre and many restaurants.
Green Lanes shopping centre and the newly-restored Pannier Market add to the bustling atmosphere.
North Devon’s fabled beaches and golf courses are few miles away, offering surfing at Croyde, paddle boarding at Woolacombe, fish restaurants at Instow, golfing at Saunton Sands and many other recreational opportunities.
The Cathedral town of Exeter, with its Russell Group university and highly-reputed Royal Devon and Exeter Hospital, is 42 miles distant.
Postcode: EX32 8FJ WHAT3WORDS: Pool.parks.fats *Please note that the internal images are of the show home apartment and are not to be relied upon, furniture not included
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3 Drovers Mews,, Off Buller Road, Devon
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