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 bungalow · EX31 3AY
For saleReduced £30k (−9.8%) on 25 OctListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In the heart of Fremington, this two-bedroom detached bungalow offers an exceptional opportunity to enjoy village life at its finest.
Perfectly situated within easy reach of a host of local amenities, the property benefits from convenient access to the village shop, doctors surgery, pharmacy and a selection of highly regarded restaurants, all just a short stroll away.
The bungalow is in good order throughout and offers a deceptively spacious and versatile layout.
The living accommodation begins with a bright and inviting sitting room that flows seamlessly through an open archway into the dining room.
Beyond this, to the rear of the property, lies a well-appointed kitchen/breakfast room which has been tastefully updated in recent years, blending style with practicality.
From the kitchen, access is granted into a lovely conservatory.
This light-filled space enjoys views over, and direct access to, the beautifully maintained enclosed garden, with doors on both sides allowing for easy flow between indoor and outdoor living.
The garden is a tranquil and private retreat, having been lovingly cared for in recent years, mainly laid to lawn with flower beds offering a great space for any keen gardeners.
There is also a patio which offers space to relax and enjoy the garden on warmers days.
Returning inside, the hallway continues down to a contemporary shower room, and ultimately leads to two generously sized double bedrooms.
Adding further appeal, the property boasts a substantial garage measuring approximately 24 feet in length, with access available from the rear garden.
This versatile space could serve not only as secure parking but also as a workshop or storage solution for those with hobbies or practical requirements.
This delightful bungalow represents a rare opportunity to acquire a well-maintained, spacious home in an enviable central village location.
Offered to the market with no onward chain, it presents a move-in ready option. From Barnstaple town centre continue over the Long Bridge and up Sticklepath Hill.
Upon reaching The Cedars Inn roundabout, continue straight across signposted Bickington & Fremington.
Proceed into the village of Fremington and immediately after The New Inn public house turn left into School Lane. Take the next left hand turning into School Close and no.
4 is tucked away in the top left-hand corner of the cul de sac.
Entrance Porch Sitting Room 4.42m x 4.11m Dining Room 3.33m x 2.4m Kitchen/Breakfast Room 4.45m x 2.57m Conservatory 3.6m x 3.25m Inner hall Bedroom 1 3.35m x 3m Bedroom 2 3.63m x 3.02m Shower Room Garage 7.42m x 2.51m Tenure Freehold Services All mains services connected Viewing Strictly by appointment with the sole selling agent Council Tax Band C - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £875 to £925 subject to any necessary works and legal requirements (correct at May 2025).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating, and that this rating may increase.
Please refer to your solicitors as the legal position may change at any time.
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 School Close, Fremington, Barnstaple, Devon, EX31
Explore nearby