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 work3-bedroom detached house · EX31 3RP
For saleReduced £30k (−10.3%) on 25 OctListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three-bedroom detached home in the sought-after Roundswell area offering fantastic potential, requiring updating throughout and presenting an ideal project for buyers looking to create a superb family home.
Description - Situated within a quiet cul-de-sac on the sought-after and generally preferred side of the popular Roundswell development, 1 Hazel Grove presents a fantastic opportunity to acquire a three-bedroom detached home offering excellent potential.
The property benefits from UPVC double glazing, gas fired central heating, a detached single garage, off-road parking and an enclosed sunny rear garden.
While the home has been well maintained over the years, it would now benefit from modernisation and updating throughout, making it an ideal purchase for buyers looking to put their own stamp on a property and create a wonderful long-term home.
The accommodation briefly comprises an entrance hall, cloakroom/WC, spacious lounge/dining room with sliding doors to the garden and a fitted kitchen on the ground floor.
To the first floor are two double bedrooms, a further single bedroom and a family bathroom.
Outside, the rear garden is fully enclosed and enjoys a pleasant sunny aspect, with areas of lawn, mature planting and a patio seating area.
The property also benefits from a detached single garage with power and light, together with off-road parking.
Hazel Grove occupies a quiet cul-de-sac position within the ever-popular Roundswell area of Barnstaple, conveniently located within easy reach of local supermarkets, shops and regular bus services to the town centre.
Barnstaple itself offers an excellent range of amenities including high street shops, leisure facilities, restaurants, theatre, cinema and the Green Lanes Shopping Centre.
The North Devon Link Road is also easily accessible, providing convenient connections to the M5 and beyond.
Offering great potential in a highly desirable location, this property would suit buyers seeking a family home to modernise, or an investment opportunity in a consistently popular residential area.
Lounge / Diner - 7.62 x 3.91 (24'11" x 12'9") - Kitchen - 3.10 x 2.44 (10'2" x 8'0") - Bedroom 1 - 3.91 x 2.72 (12'9" x 8'11") - Bedroom 2 - 2.87 x 2.72 (9'4" x 8'11") - Bedroom 3 - 1.93 x 2.08 (6'3" x 6'9") - Bathroom - 1.85 x 2.06 (6'0" x 6'9") - Garage - 5.26 x 2.49 (17'3" x 8'2") - Information - Age - 1996 Tenure - Freehold Heating - Mains Gas Central Heating Drainage - Mains Windows - UPVC double glazing throughout Council Tax - Tax band C EPC Rating - C Seller's position - No onward chain, vacant Rental Income - Taking the above into account, our Lettings & Property Management Department advises that an achievable gross monthly rental income is likely to fall within the range of £1100pcm - £1200pcm, subject to any required works and compliance with legal obligations (accurate as of February 2026).
This figure is intended as a general guide only and should not be used for mortgage or financial planning purposes.
Rental values are subject to change, and a formal valuation will be necessary to provide an accurate market appraisal.
Note - For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. Some photographs may have been taken using a wide angle lens.
We have not carried out a detailed survey, nor tested the services, appliances and specific fittings.
Room sizes should not be relied upon for carpets and furnishings, if there are important matters which are likely to affect your decision to buy, please contact us before viewing the property.
Photos may have been digitally enhanced and edited.
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

FAQ
About Hazel Grove, Roundswell
Explore nearby