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 house · EX31 3UE
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale on a 40% shared ownership basis, this beautifully presented four-bedroom home is located on the popular Tawcroft Way development in Barnstaple.
It enjoys a highly desirable position overlooking open green space to the front, along with excellent access to local amenities and the North Devon Link Road.
Upon entering the property, the ground floor offers a well-designed and practical layout.
The generous living room provides a bright and inviting space to relax, with ample room for freestanding furniture and a three-piece suite.
To the rear, the kitchen/dining room serves as a functional hub of the home, ideal for everyday family life.
The kitchen is fitted with contemporary white cabinetry in a u-shaped configuration, complemented by wood-effect flooring, a gas hob and oven, and space for a washing machine and tumble dryer.
There is also ample space for an American-style fridge freezer and dining table, as currently arranged by the owners, making it a sociable and versatile area.
A convenient downstairs WC completes the ground floor. Upstairs, there are four well-proportioned bedrooms.
The principal bedroom is a comfortable double featuring dual-aspect windows that allow for plenty of natural light.
Bedroom two is also a spacious double, with room for additional furnishings such as a desk and storage.
Bedroom three is another double, while bedroom four is a well-sized single, suitable for use as a child's bedroom or home office. A modern family bathroom serves these rooms.
Externally, the property benefits from an enclosed rear garden, designed for low maintenance and privacy. It features a paved patio area, a lawn, mature shrub borders, and a timber shed.
To the front, there are two allocated parking spaces, adding to the home's practicality. The property also benefits from the remainder of its NHBC warranty, offering added peace of mind.
Conveniently situated within easy reach of Barnstaple town centre, local schools, retail parks, and the North Devon Link Road, this home is an excellent opportunity for families and first-time buyers looking to step onto the property ladder.
Early viewing is highly recommended.
Local Shop - 0.5 miles // Local School - Sticklepath Community School 1.5 miles // Local Pub - 1.7 miles // Parking - 2 Parking Spaces // Tenure - Leasehold // 40% Share - £140,000 Rent - £558.83 Management Fees - £1.37
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)
FAQ
About 20, Tawcroft Way, Barnstaple
Explore nearby