2-bedroom terraced house · EX32 7FN
For saleListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the Laceworks development in Barnstaple, this beautifully restored Grade II listed building offers a complex of versatile property arrangements with a rare blend of heritage character and contemporary living.
Beautifully respected and restored, this historic building was once part of a thriving lace-making factory dating back to 1825.
Plot 26 is a beautifully designed two-bedroom apartment that combines modern comfort with a bright and practical layout.
Entering through the main door, a welcoming hallway leads you into a spacious living area filled with natural light from the large window at the far end.
The room provides a perfect space for relaxing or entertaining, with an easy flow that connects directly to the kitchen and dining area.
The kitchen is stylish and contemporary, offering generous worktop space, integrated appliances and room for dining.
Its open-plan design ensures a sociable setting - ideal for hosting friends or enjoying quiet evenings at home. Beyond the main living space, the apartment features two well-proportioned bedrooms.
The principal bedroom includes its own private en-suite shower room, creating a calm and comfortable retreat.
The second bedroom is equally versatile, perfect for guests, family or use as a home office.
A modern family bathroom, finished to a high standard, is conveniently located off the hall, alongside a useful storage cupboard for added practicality.
Plot 26 offers the best of contemporary apartment living - bright, well-balanced spaces, modern finishes and thoughtful details throughout.
Ideal for professionals, first-time buyers or downsizers seeking a stylish and low-maintenance home in a well-connected development. Call now to arrange your viewing!
*Photos are for illustrative purposes only and may not be representative of exact plot*
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 26 Bobbin Lane
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