We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom bungalow · EX31 2LZ
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step inside this beautifully presented property and you're welcomed by a bright and inviting entrance hallway, complete with a handy storage room, perfect for keeping cleaning appliances and household essentials neatly tucked away.
Leading from the hallway is a generous landing area that connects the principal rooms.
To the right is a well-proportioned double bedroom, benefiting from built-in storage and enjoying pleasant views over the front elevation.
Adjacent is a second double bedroom, currently used as a craft room, offering ample space for freestanding furniture and easily accommodating a double bed.
The main bathroom is generously sized and features a contemporary suite including a bathtub with overhead shower, wash hand basin with under-sink storage, and WC.
A third spacious double bedroom, currently utilised as a home office, offers great flexibility and overlooks the side aspect of the property.
The principal bedroom is a standout feature, a sizable retreat with room for a king-sized bed, freestanding furniture, and through-ceiling wardrobes.
The master also benefits from a private en-suite with a shower cubicle, WC, wash hand basin and a heated towel rail.
At the heart of the home is a bright and sociable open-plan kitchen, dining, and living space.
The stylish kitchen is well-equipped with an integrated oven, combi microwave and dishwasher, space for a freestanding fridge freezer, a slide-and-hide drawer system, induction hob and ample storage throughout.
There's also plumbing for a washing machine. The dining area comfortably accommodates a six-seater table, making it ideal for entertaining, while the lounge area can host a large five-seater sofa.
Sliding doors open out onto a decked seating area and a beautifully landscaped rear garden, perfect for enjoying the warmer months.
This beautifully maintained and thoughtfully designed home offers the perfect blend of space, style and functionality, ideal for modern living.
With versatile rooms, high-quality finishes and a private landscaped garden, it's ready for its next owners to simply move in and enjoy.
Early viewing is highly recommended to fully appreciate all this wonderful property has to offer. Call now to arrange your viewing!
Local Shop - 0.3 miles // Local School - Roundswell Community Primary Academy 0.6 miles // Local Pub - 0.3 miles // Parking - Large Driveway For Multiple Cars // Tenure - Freehold //
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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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

FAQ
About Magdala Road, Bickington, Barnstaple, Devon, EX31
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