2-bedroom terraced house · EX31 4HZ
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming two-bedroom terraced house located in the desirable area of Raleigh Cottages, Barnstaple.
This property has been newly renovated throughout, offering a fresh and modern living space.
As you enter, you will find two inviting reception rooms, providing ample space for relaxation and entertaining. The lounge diner is particularly appealing with the brick slip feautre fireplaces.
The layout is both practical and stylish, ensuring that every corner of the home is utilised effectively.
The property features two well-proportioned doublebedrooms, perfect for a small family, a couple, or even as a home office.
The bathroom is conveniently located and has been updated to meet contemporary standards, ensuring comfort and convenience.
Additionally, the house boasts a brick-built shed, offering extra storage space for your belongings. The outdoor area is perfect with its part patio and large lawned grass.
The rent is £895pcm and the property is available from end of November 2026 The deposit is £1032 of which wil lbe protected with mydeposits. Standard referemces and credit checks apply.
Applicants will need a verifable income of £26,250 to pass the affordability.
*Please note the renovations are still in process so the images have been enchanced to give an impression of the final finish*
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Raleigh Cottages, Barnstaple
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