2-bedroom house · EX23 9AF
Listing removedListed 70 days
Opportunity summary
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About
An exciting opportunity to acquire this well-presented 2 bedroom terraced property, situated in the popular village of Stratton, within easy reach of local amenities and the nearby coastal town of Bude.
The accommodation opens into an entrance porch and hallway, leading through to a spacious lounge/dining room, providing a bright and comfortable living space with a feature wood burner and ample room for both sitting and dining areas.
The kitchen area is positioned to the rear, fitted with a range of units and enjoying access out to the rear garden.
A useful store room provides excellent additional storage and completes the ground floor accommodation. On the first floor, there are 2 bedrooms, a study area and a family bathroom.
The study area offers flexibility for those working from home or requiring an additional hobby space. To the rear, the property enjoys pleasant views across the surrounding countryside.
Externally, the property benefits from an enclosed rear garden, mainly laid to lawn, with space for outdoor seating and enjoying a good degree of privacy.
There are also useful external stores, providing further practical storage.
The property would make an ideal first-time purchase, investment opportunity or permanent home within this well-regarded village location. EPC Rating C. Council Tax Band B.
The property enjoys a convenient location close to supermarkets, schools and amenities.
Bude itself lies amidst the rugged North Cornish coastline famed for its many nearby areas of outstanding natural beauty and popular bathing beaches providing a whole host of water sports and leisure activities together with many breath taking cliff top coastal walks, etc.
The bustling market town of Holsworthy lies some 10 miles inland whilst the port and market town of Bideford is some 28 miles in a north easterly direction providing convenient access to the A39 North Devon link Road which in turn connects to Barnstaple, Tiverton and M5 motorway.
Directions From Bude proceed out of the town along Stratton Road and upon reaching the A39 turn left signposted Bideford.
Turn immediately right, proceed straight over the round about and follow the one way system right around, whereupon the property will be found on the left hand side with a Bond Oxborough Phillips for sale board clearly displayed.
Entrance Porch (2' 5" x 5' 10") Entrance Hall (9' 1" x 6' 6") Lounge/Diner (23' 6" x 10' 8") Kitchen Area (10' 0" x 6' 9") First Floor Landing Study Area Bedroom 1 (10' 1" x 11' 2") Bedroom 2 (8' 4" x 9' 10") Bathroom (5' 5" x 6' 3") Outside To the front of the property is a tarmac driveway area providing off road parking ample off road parking and access to the residence.
At the rear of the property is an enclosed garden, mainly laid to lawn, with space for outdoor seating and enjoying pleasant views across the surrounding countryside.
The garden is enclosed by fencing and provides a practical outside space for families, pets or entertaining.
There are also useful external stores, ideal for garden equipment, bikes or general storage.
Store Room (11' 9" x 7' 2") Store 1 (5' 2" x 2' 8") Store 2 (2' 5" x 5' 8") Services Mains gas, electric, water and drainage. Under Floor Heating in the lounge/kitchen/diner.
Council Tax Band B EPC Rating C.
Anti Money Laundering Before any sale is formally agreed, we have a legal obligation under the Money Laundering regulations and Terrorist Financing Act 2017 to obtain proof of your identity and of your address, take copies and retain on file for five years and will only be used for this purpose.
We carry out this through a secure platform to protect your data.
Each purchaser will be required to pay £20 upon an offer verbally being agreed to carry out these checks prior to the property being advertised as sale agreed.
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
Agent & docs
FAQ
About 16, St. Olafs Road, Bude
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