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See how verdicts work2-bedroom flat · EX32 9FB
Listing removedListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perched on the top floor of this apartment building, this penthouse offers an exceptional blend of space, privacy and far-reaching views.
With two generous double bedrooms, both benefiting from en-suite bathrooms, and an impressive open plan living space, this is a home that feels every bit as practical as it is inviting.
Stepping inside, the welcoming hallway provides access to all principal rooms along with a useful cloakroom for guests.
The centrepiece of the apartment is undoubtedly the expansive open plan kitchen, dining and living area.
Designed for modern living, the kitchen offers a range of fitted units, integrated double ovens, a gas hob and breakfast bar, while the dining area easily accommodates a family sized table.
Beyond this, the living space has ample room for multiple sofas, a coffee table, media unit and additional furniture, all enhanced by elevated views across Barnstaple towards the surrounding countryside.
The principal bedroom is impressively sized, comfortably accommodating a super king-size bed with bedside furniture, wardrobes and further bedroom furnishings, whilst enjoying its own en-suite shower room.
Bedroom two is another excellent double with space for a king-size bed, wardrobes and drawers, making it ideal for guests, family or those working from home.
It also benefits from its own en-suite bathroom, creating a practical layout that offers comfort and privacy for both bedrooms.
Outside, the apartment benefits from an allocated parking space and is perfectly positioned for everyday convenience.
Barnstaple town centre is within easy reach, offering a wide selection of shops, cafés and restaurants, while the popular Tarka Trail is just moments away for walking and cycling.
The property is also well placed for a number of highly regarded schools, making it an excellent choice for a wide range of buyers. Call now to arrange your viewing!
Local Shop - 0.4 miles - // Local Pub - 1.0 miles // Local School - The Park Community School - 0.2 miles // Parking - One Allocated Parking Space // Tenure - Share Of Freehold // Monthly Service Charge - £97.50 (Includes Buildings Insurance) // Lease Length - 999 years from 2009 //
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 Lynwood House, Fortescue Road, Barnstaple, Devon, EX32
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