2-bedroom bungalow · EX39 3AZ
Listing removedReduced £45k (−20.5%) on 2 SepListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet and attractive cul-de-sac just off the ever-popular Moreton Park Road, this spacious semi-detached 2 Bedroom bungalow presents a wonderful opportunity for those seeking a well-proportioned home in a peaceful yet convenient location.
The property enjoys excellent kerb appeal, with a neatly planted and low-maintenance front garden featuring a selection of ornamental trees and shrubs, while a private driveway to the side provides off-road parking for one vehicle and leads to an Attached Garage measuring an impressive 20' x 7'1.
The bungalow benefits from two separate access points, including a useful side hallway which offers space for a fridge/freezer, shelving and additional storage, and provides direct access through to the rear garden.
The main Eentrance Hall welcomes you into the heart of the home where the accommodation is arranged in a practical and well-balanced layout.
To the front of the property is a generously sized Living Room, filled with natural light from a large picture window overlooking the front garden and featuring a fireplace as a focal point.
From here, sliding doors lead through to the Kitchen which is again of a good size and enjoys a pleasant outlook over the rear garden.
There is ample space for a dining table, and the kitchen is fitted with a range of eye and base level cabinets with matching drawers, along with space and plumbing for a washing machine, space for a gas cooker and a wall-mounted gas fired combination boiler.
Both Bedrooms are comfortable doubles, with one enjoying views to the front and the other overlooking the rear garden.
The rear facing bedroom benefits from 2 built-in wardrobes with sliding louvre doors, providing excellent storage.
The Bathroom is mostly tiled and comprises a bath with shower attachment, a dual flush WC, a pedestal wash hand basin and an airing cupboard housing the hot water tank.
To the rear of the property is a particularly impressive, fully enclosed garden, notable for its size when compared to other bungalows in the area.
Steps lead up to a large, gently sloping lawn complemented by a patio area, established planting and foliage, and a couple of storage sheds which, while in need of attention, offer further potential.
Overall, this bungalow is larger than many others locally and is offered with the significant advantage of no onward chain, allowing for a straightforward and speedy purchase.
While the property would benefit from some updating and redecoration, it is presented as a genuine blank canvas, ideal for buyers looking to personalise a home to their own tastes.
Early viewing is highly recommended so please contact us to arrange your appointment.
Directions From Bideford Quay proceed up the main High Street turning left at the top and take the first right hand turning onto Abbotsham Road.
Travel through the traffic lights and past Bideford College on your left hand side taking the next left hand turning onto Moreton Park Road.
Laurel Avenue will be found the first turning on your right hand side. Number 3 will be clearly marked with a numberplate.
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 3, Laurel Avenue, Devon
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