1-bedroom house · EX32 7DY
Listing removedListed 216 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly refurbished, fully furnished room available from £595pcm in a modern house share, with all bills and WiFi included, plus access to a kitchen/diner, living room and laundry room.
Description - A fantastic opportunity to secure a room within this newly refurbished and well-presented house share, finished to a high standard throughout and offering modern, comfortable living in a convenient location.
The property comprises four bedrooms in total, Room 2 has its own ensuite which leaves three rooms sharing a bathroom, creating a quieter and more manageable living environment compared to larger house shares.
We currently have two rooms available: Room 1 – Ground Floor - £595 Room 4 – Second Floor - £625 The property benefits from well-maintained communal areas, including a modern kitchen/diner, a comfortable living room, and a dedicated laundry room for added convenience.
The property is offered on a single occupancy basis only.
Key Information Rent: From £595 per calendar month All bills included, including broadband (speeds not guaranteed) Available from: 1st April 2026 Tenancy: Initial 6-month Assured Shorthold Tenancy Eligibility Criteria Minimum income required: £17,850 per annum, or Guarantor income: £21,420 per annum Costs In addition to the first months rent a deposit of £595 will be required.
This will be registered with 'My Deposits' in accordance with the terms and conditions of My Deposits.
The Terms and Conditions regarding the protection of the deposit including the repayment process can be found at Government Legislation starting 1st June 2019 means that no agent or landlord can take a fee from a tenant in relation to creating or ending a tenancy, so there will be no application or administration fees on this tenancy.
However, a holding deposit of £137.00 is taken to hold the property. This will be used towards your deposit once the tenancy commences. The property is let as seen.
This is an excellent opportunity for a professional tenant seeking high-quality, all-inclusive accommodation within a smaller, well-maintained household.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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

FAQ
About Bicton Street, Barnstaple
Explore nearby