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 house · EX32 8JY
Listing removedReduced £12.5k (−4.5%) on 20 MayListed 588 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a short walk of Barnstaple town centre, this delightful two-bedroom detached bungalow which has been modernised and decorated throughout.
Location is paramount, and this bungalow boasts an enviable position within walking distance to the town centre, offering convenient access to a plethora of local amenities.
Whether you're in search of quaint cafes, reputable restaurants, or retail therapy, everything you need is just a stone's throw away.
The property has been fitted with a new kitchen and a new 3-piece suite shower room with a double shower, in addition to being painted throughout with new flooring, meaning its ready for any new owner to move straight into.
Accompanying the bungalow is a generous double tandem garage, providing ample space for vehicles or a workshop for the avid hobbyist. Additionally, driveway parking caters for two vehicles.
The gardens wrap around the property. The space is perfect for cultivating a garden and entertaining guests.
Moreover, the absence of no onward chain simplifies the purchasing process, allowing for a smoother transition to making this house your home.
From our office proceed out along Barbican Road and just after the traffic lights and before the Esso Garage turn left passing the tennis courts and at the end is Ashleigh Road.
Turn left here and follow the road up and 33 will be found towards the top of the road on the left hand side.
Entrance Porch Entrance Hall Living Room/Diner 4.24m x 3.9m Kitchen 3.1m x 3m WC Bathroom Bedroom 1 3.94m x 3.02m Bedroom 2 3.45m x 2.97m Double Tandem Garage 8.94m x 2.13m 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 £895 to £945 subject to any necessary works and legal requirements (correct at March 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
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 Ashleigh Road, Barnstaple, Devon, EX32
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