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 work2-bedroom property · EX32 0DJ
For saleListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview Situated in the heart of the popular village of Bishops Tawton, just a short walk from the village pub, The Chichester Arms, this delightful 200-year-old character cottage blends period charm with modern convenience.
Owned since 2006, the property has been comprehensively refurbished to include re-rendering, re-roofing, re-wiring, re-plumbing, damp-proof treatment and the installation of a gas boiler approximately ten years ago, resulting in a home that is both charming and practical.
The ground floor offers a welcoming sitting room centred around a feature fireplace with wood-burning stove, slate-tiled flooring and a floating timber mantle.
This flows through to a well-appointed kitchen/breakfast room fitted with solid oak units and black granite work surfaces.
A spacious ground-floor bathroom provides a modern three-piece suite and benefits from two Velux roof lights that flood the room with natural light.
To the first floor are two well-proportioned bedrooms, both retaining attractive character features.
Outside, directly opposite the cottage, is a charming, low-maintenance block-paved garden-ideal for seating, entertaining or relaxing.
Previously operated as a successful holiday let, the property will appeal equally to those seeking a characterful permanent home, a weekend retreat or an investment opportunity.
The village is well placed for Barnstaple, the Tarka Trail and the stunning North Devon coastline, with its beaches, countryside walks and golf courses.
Directions Directions to this property can be easily found by using What3words: Start in Barnstaple Town Centre (Cross Street/Boutport Street). Follow signs for the A377 Exeter road out of Barnstaple.
Cross the Long Bridge over the River Taw and keep straight on the A377. Continue for about 1.5 miles. At the roundabout, take the first exit into Bishops Tawton village.
The Chichester Arms is in the centre of the village, just off the main street (look for the thatched building on your left). Continue for a short distance past the pub.
Continue on foot up Policemans Hill to where 1 Binders Cottages will be found at the top on your left hand side.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png){kind=logo}
FAQ
About 1, Binders Cottages, Barnstaple
Explore nearby
