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See how verdicts work3-bedroom terraced house · EX32 7JH
For saleReduced £20k (−11.1%) on 25 OctListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented mid-terraced property is situated in a popular residential location and would make an ideal family home.
The ground floor comprises a good-sized lounge to the front of the property, leading through to a bright and spacious kitchen/dining area overlooking the rear courtyard garden.
The kitchen is well equipped with a range of wall and base units with worktops over, together with an integrated oven, gas hob and extractor hood. A rear door provides direct access to the garden.
There is a very handy understairs cupboard which houses the gas and electric meters.
To the first floor, there are three bedrooms, including two good-sized double bedrooms and a useful box room, along with a family bathroom.
The bathroom features a modern three-piece white suite with a thermostatic shower over the bath. Externally, the property benefits from a rear courtyard garden and a paved patio area to the front.
Street parking available to the front of the property. An appealing family property offering well-proportioned accommodation in a popular residential setting.
The property would also make an ideal Buy To Let Investment and has all the necessary certificates having been a successful rental for a number of years, receiving a monthly rent of £900pcm representing a 6% annual yield.
The property is sold as freehold. Council Tax Band A. EPC D63 Ultrafast Broadband available 1000Mbps upload and download speeds.
Mobile phone signal Good indoors and outside with EE, Three and Vodafone. Good outdoors with O2.
Local area Barnstaple is a thriving and historic market town situated in the heart of North Devon, beautifully positioned alongside the River Taw.
As the largest town in North Devon, it provides an excellent range of everyday amenities, including shops, supermarkets, cafés, restaurants, leisure facilities and professional services, making it a popular choice for families, professionals and those looking to enjoy the North Devon lifestyle.
The town centre combines a traditional character with modern amenities, with historic attractions including the renowned Pannier Market, Butchers’ Row and a number of attractive period buildings.
There are also cultural and leisure facilities including a theatre, cinema, library and museum.
Barnstaple is ideally placed for enjoying the area's exceptional natural surroundings, with the North Devon coastline, countryside and Exmoor all within easy reach.
The surrounding area offers a wide choice of beaches, coastal walks and outdoor activities, while the River Taw provides an attractive setting close to the town.
For commuters and those travelling further afield, Barnstaple railway station provides connections towards Exeter, while the town's central bus station offers local and regional services.
Exeter is approximately 45 miles away by road.
Combining a strong range of amenities with attractive surroundings and excellent access to the wider North Devon area, Barnstaple provides an appealing setting for those looking to enjoy both town and country living.
Should you wish to make an offer on this property we will complete mandatory Anti Money Laundering and UK Sanctions register checks on behalf of HMRC.
We charge a fee for this service of £30 per person.
These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale.
These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact.
Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative.
Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor.
Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis.
Directions What3words : ///shows.chest.operation EPC rating: D.
Tenure: Freehold, Lounge 4.39m x 3.75m (14'5" x 12'4") With views to the front of the property, large double glazed windows, double doors which are glazed and lead out to the hallway.
Dark coloured carpet. Kitchen / Diner 5.76m x 2.75m (18'11" x 9'0") A bright and light space with two windows.
Cream wall and base units, gas 4 ring hob, built-in electric oven, space for washing machine. Laminate effect flooring. Door leads out to rear garden and shed.
Bedroom 1 3.3m x 3.15m (10'10" x 10'4") Situated to the rear of the house, this double bedroom is a bright space due to the large windows overlooking the garden.
Built-in wardrobes, grey carpet. Bedroom 2 2.9m x 2.82m (9'6" x 9'3") Double room to the front of the property. Grey carpet.
Bedroom 3 2.87m x 1.92m (9'5" x 6'4") Box room to the front of the property. Houses the Ideal Gas Boiler. Would make a great home office.
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
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 advisers 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
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FAQ
About Lundy Close, Barnstaple, EX32
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