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See how verdicts work3-bedroom bungalow · EX31 2HT
Listing removedListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chequers Estate Agents are delighted to offer for sale this spacious three-bedroom semi-detached bungalow, available to the market with the added benefit of no onward chain.
Situated within a popular residential location, the property offers well-proportioned accommodation throughout, together with a garage, driveway parking, and enclosed rear garden.
Requiring a programme of updating and modernisation, this is a fantastic opportunity for buyers looking to create a home tailored to their own tastes and requirements.
Chequers Estate Agents are delighted to present 49 Ellerslie Road to the market, a three-bedroom semi-detached bungalow occupying a generous plot within a sought-after residential location.
Available with the benefit of no onward chain, this property offers an exciting opportunity for purchasers seeking a home they can modernise and transform to suit their own tastes and requirements.
The property would now benefit from a programme of updating and modernisation throughout.
However, its spacious layout, excellent proportions, and potential for enhancement make it a fantastic prospect for a variety of buyers, whether downsizers, families, or those looking to create their forever home.
The accommodation is arranged over a single level and is accessed via a welcoming entrance hallway, which provides access to all principal rooms and benefits from useful storage, access to the fully boarded loft space, and an abundance of natural light.
The heart of the home is the spacious living room, a light-filled reception space enjoying a pleasant outlook over the front garden through a large UPVC double-glazed window.
A feature fireplace creates an attractive focal point and offers the perfect setting for relaxing evenings.
The kitchen is fitted with a range of wall and base units, providing ample storage and preparation space.
Integrated appliances include a double oven and gas hob, whilst additional space is available for further white goods. A door from the kitchen provides convenient access to the rear garden.
The bungalow offers three well-proportioned bedrooms. The principal bedroom is a generous double room complete with fitted wardrobes, providing excellent storage.
Bedroom two is another comfortable bedroom overlooking the front elevation, whilst bedroom three offers versatility and could equally serve as a home office, hobby room, or guest bedroom depending on individual requirements.
Completing the internal accommodation is a shower room fitted with a three-piece suite comprising a corner shower cubicle, vanity wash hand basin, and WC.
Externally, the property continues to impress. To the front, a private driveway provides off-road parking and leads directly to the garage.
The front garden is predominantly laid to lawn and offers potential for additional parking, should a purchaser wish to create it.
The garage itself is a particular feature of the property, benefiting from twin up-and-over doors and drive-through access, making it ideal for vehicle storage, workshop use, or those requiring additional parking flexibility.
Power and lighting are connected. To the rear, the property enjoys a fully enclosed garden offering a good degree of privacy.
The garden is stocked with a variety of mature shrubs, plants, and established borders.
Whilst now requiring some landscaping and rejuvenation, it presents a wonderful blank canvas for gardening enthusiasts to create an attractive outdoor retreat.
Situated within a popular and established residential area, the property enjoys convenient access to local amenities, transport links, and the facilities available within Barnstaple town centre.
Offering generous accommodation, excellent potential, garage facilities, private gardens, and the opportunity to modernise and add value, 49 Ellerslie Road represents a fantastic opportunity to acquire a spacious semi-detached bungalow in a desirable location.
Early viewing is highly recommended to fully appreciate the scope and potential on offer.
Entrance Hallway A welcoming entrance hallway with a UPVC double-glazed window to the front elevation, allowing plenty of natural light.
The hallway provides access to all principal rooms and benefits from a useful airing cupboard, radiator, fitted carpet, and access to the loft space, which is fully boarded and offers excellent storage.
Kitchen A well-equipped kitchen fitted with a range of wall and base units offering ample cupboard and preparation space.
An inset stainless steel sink is set into the work surface with cupboard space below. Integrated appliances include a double oven and four-ring gas hob with extractor hood over.
There is additional space and plumbing for a washing machine and space for a fridge freezer.
Further benefits include a radiator, vinyl flooring, and a cupboard housing the gas-fired combination boiler supplying domestic hot water and central heating.
A UPVC double-glazed door provides direct access to the rear garden.
Living Room A beautiful and spacious living room enjoying a pleasant outlook over the front garden through a large UPVC double-glazed window.
The room is centred around a feature fireplace, creating an attractive focal point, with radiator and fitted carpet.
Bedroom One A generously proportioned double bedroom with a UPVC double-glazed window to the side elevation. Benefitting from fitted wardrobes providing excellent storage, radiator, and fitted carpet.
Bedroom Two A light and airy bedroom with a UPVC double-glazed window to the front elevation, radiator, and fitted carpet.
Bedroom Three A versatile room that can be utilised as a bedroom, dining room, home office, or hobby room. A UPVC double-glazed window overlooks the rear garden, with radiator and fitted carpet.
Shower Room Fitted with a three-piece suite comprising a corner shower cubicle with splashback surround, low-level WC, and vanity wash hand basin.
A UPVC double-glazed obscure window overlooks the rear elevation, and the room is finished with vinyl flooring.
Garage A larger-than-average garage featuring two up-and-over doors, allowing drive-through access and the potential for additional parking. Power and lighting are connected.
Outside To the front of the property is a private driveway providing off-road parking and leading to the garage.
The front garden is predominantly laid to lawn and could, if desired, be adapted to create additional parking space.
To the rear, the property benefits from a fully enclosed garden enjoying a good degree of privacy.
The garden has clearly been a much-loved space over the years, featuring a variety of mature plants, shrubs, and borders.
Whilst now requiring some landscaping and attention, it offers fantastic potential for buyers looking to create an attractive outdoor space tailored to their own tastes.
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.
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FAQ
About 49, Ellerslie Road, Barnstaple
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