2-bedroom bungalow · EX31 2EY
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the attractive landscaped grounds of Oakland Court and enjoying a sunny aspect, this recently redecorated and recarpeted 2 Bedroom retirement bungalow enjoys a pleasant outlook across the communal gardens towards the countryside beyond the River Taw estuary.
Offered for sale with no onward chain, the property provides spacious and well-proportioned accommodation together with electric underfloor heating, UPVC double glazing and communal parking.
This is a rare opportunity to acquire a much sought-after bungalow, rarely available on the market.
The welcoming Entrance Hall provides access to all of the principal rooms and includes an airing cupboard and useful storage.
Positioned at the front of the property, the comfortable Living Room enjoys views across the gardens and features an electric coal-effect fire with a wooden surround and mantel.
The Kitchen / Diner overlooks the communal gardens and is fitted with a range of matching wall and base units, a stainless steel sink, double oven and 4-ring electric hob, together with space for a dishwasher and fridge / freezer.
French doors open onto a small paved patio and the gardens beyond. The level access affords security as there are no steps or slopes.
Bedroom 1 is a generous double room with built-in wardrobes and the benefit of an En-suite Bathroom comprising a panelled bath with shower over, WC and wash hand basin.
Bedroom 2 also offers useful built-in storage, whilst the separate Wet Room features a shower, WC and wash hand basin, together with a large cupboard providing plumbing for a washing machine and space for a tumble dryer and lots of storage.
Oakland Court is conveniently located for nearby amenities, including a supermarket and post office, with regular bus services providing easy access to Barnstaple town centre.
The development is subject to an age restriction, with the oldest resident required to be aged 65 or over. Directions What3words: ///sunset.sake.influencing
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, Oaklands Court, Sticklepath
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