3-bedroom bungalow · EX39 4LN
Listing removedListed 254 days
Opportunity summary
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About
Perched upon New Road, within 10 minutes` walk of the picturesque sea front, Menengai is a 3 double bedroom split level detached bungalow offering spacious accommodation whilst benefiting from uPVC double glazing & gas fired central heating.
Requiring general modernisation, the property provides an excellent opportunity for those seeking a home in this ever popular location, which together with the sandy beach & dunes, benefits from 4 well established pub/restaurants, John`s Deli & Coffee Shop and yacht club and easy access to the Tarka Trail walking & cycle path.
Whether you have visions of a standard refurbishment or larger grand design, Menengai provides great potential to create a home reflecting an individual vision & style.
The current layout provides comfortable living space including lower level lounge with feature fireplace & adjoining conservatory enjoying countryside and distant river views.
There is kitchen and adjoining dining area together with utility and store room whilst the 3 double bedrooms are served by a family bathroom and "Jack & Jill" en-suite.
Externally a sweeping driveway leads beyond the bungalow to the double garage & parking area, in turn with steps bypassing established flower & shrubs beds to a rustic wooded area of garden.
To the front is patio seating area and lawn enjoying a south facing aspect together with summerhouse and numerous established shrubs, bushes & trees.
Services: All mains services are connected Energy Performance Certificate: TBC Council Tax: BAND F (£3,530.70 per annum).
North Devon Council NO ONWARD CHAIN what3words /// certainly.gaps.outgoing Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 New Road, Instow
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