We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Character, charm and a fresh new lease of life this cottage is a beautifully renovated Grade II listed home that brings together the best of traditional cottage living with a stylish, modern finish.
Tucked away in the sought-after Ladywell area of Barnstaple, this three bedroom property is full of personality, with a larger than average private garden for this type of property and the added advantage of no upper chain.
The renovation has been thoughtfully carried out to celebrate the cottage's original features.
Exposed brickwork, natural timber beams and traditional wooden doors create a wonderful sense of character throughout, while fresh décor and contemporary finishes give the home a lovely balance of old and new.
The living room is particularly inviting, with its exposed brick fireplace, deep-set sash window and beautiful timber detailing.
There's room to create a cosy seating area, making it the perfect spot to unwind.
The adjoining kitchen offers a smart contrast, with shaker-style cabinetry, marble-effect worktops, an integrated oven and hob, and plenty of natural light.
A door leads outside to the courtyard, with access up to the garden. Arranged over three floors, the bedrooms each have their own appeal.
Two well-proportioned bedrooms occupy the first floor, both featuring exposed brickwork and traditional wooden doors that add to the cottage's individuality.
The contemporary shower room has been finished with stylish tiling, a walk-in shower, wash basin and WC.
The entire top floor is dedicated to the main bedroom, creating a lovely retreat beneath the roofline.
Exposed timber beams, brick detailing and roof windows make this a particularly charming room, while the elevated position enjoys pleasant views across the surrounding rooftops.
Outside, the private garden is a real bonus for a cottage in such a convenient location.
A combination of lawn, paved seating areas and planted borders provides somewhere to relax, enjoy a morning coffee or spend time with friends during the warmer months.
There's also a separate utility room, offering useful additional space for laundry and household essentials.
Pilton remains one of Barnstaple's most desirable areas, with the town centre, North Devon District Hospital and local amenities all within easy reach.
It offers a convenient setting while retaining the character and appeal of this established area.
With its Grade II listed charm, complete renovation and delightful private garden, this cottage is ready for its next chapter.
Offered with no upper chain, it's a lovely opportunity for anyone looking for a character home without the need to take on a renovation project. Call now to arrange your viewing!
Local Shop - 0.3 miles // Local Pub - 0.1 miles // Local School - Pilton Bluecoat C Of E Junior School 0.2 miles // Parking - On Road // Tenure - Freehold // *Some images have been virtually staged for illustrative purposes*
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.
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FAQ
About Lake Cottages, Ladywell, Barnstaple
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