2-bedroom terraced house · EX32 8PF
Listing removedReduced £5k (−2.9%) on 20 MayListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for first-time buyers and investors alike, this two-bedroom mid-terrace home is offered to the market with no onward chain and enjoys a convenient, well-connected location.
The ground floor opens into a bright and welcoming lounge.
To the rear, a fitted kitchen is well equipped with a range of wall and base units, offering ample storage and preparation space, with space white goods.
A door from the kitchen leads directly out to the rear garden. On the first floor, are two well-proportioned bedrooms, along with a three-piece suite bathroom.
Externally, the property benefits from a low-maintenance, west-facing rear garden, with space for a shed alongside a patio area, and a gate providing pedestrian access.
To the front of the property there is communal parking. The property would benefit from some cosmetic updating, allowing the new owner to add their own stamp.
From our office proceed out of town in the direction of the North Devon link road (A361). At the Tesco roundabout turn left. Take the second turning on the left into Barton Road.
Proceed up Barton Road taking the second turning on the right into Peards Down Close. The property can be found within the cul-de-sac with a for sale board displayed.
Lounge 4.42m x 4.1m Kitchen 4.1m x 2.29m First Floor Landing Bedroom 1 3.12m x 2.54m Bedroom 2 3.07m x 2m Bathroom Tenure Freehold Services All mains services connected Viewing Strictly by appointment with the sole selling agent Council Tax Band A - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £775 to £845 subject to any necessary works and legal requirements (correct at April 2026).
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
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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 Peards Down Close, Barnstaple, Devon, EX32
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