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See how verdicts work4-bedroom terraced house · EX32 7FN
For saleListed 341 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 29 is a truly impressive four-bedroom family home that offers an abundance of space, superb practical design, and the rare benefit of a dedicated ground floor Study.
The ground floor is expertly designed for modern living. A generous Hall provides a welcoming entrance, leading to a convenient W/C and essential storage under the stairs.
The vast rear of the property is occupied by a magnificent, light-filled open-plan Kitchen/Living/Dining area.
This huge, flexible space is perfect for family interaction and effortless entertaining, flowing seamlessly across the width of the home.
A major advantage of this particular plot is the inclusion of a separate Study or second reception room, offering the perfect quiet sanctuary for working from home or a separate children's play area.
Ascend the staircase to the first floor where the luxurious sleeping accommodation awaits. This floor is designed for comfort and privacy, featuring four well-proportioned bedrooms.
The main attraction is the Master Bedroom (Bedroom 1), which benefits from its own private En-suite 1 shower room.
A second double bedroom also enjoys the privacy of En-suite 2, making this a fantastic option for guests or older children.
The remaining bedrooms are serviced by a large, well-appointed family Bathroom. Two central landing stores ensure that the home remains tidy and clutter-free.
Located within the Laceworks development in Barnstaple, this home offers incredible access to the town centre, amenities, and excellent travel links, all while being a short drive from North Devon's stunning coastlines.
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
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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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
Agent & docs
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FAQ
About Plot 29, Bobbin Lane, Barnstaple
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