4-bedroom house · EX23 9NN
Listing removedListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire a well-proportioned and versatile former Wesleyan Chapel set within this generous plot in the parish of Launcells.
The property offers fantastic scope for improvement and further development - ideal for buyers seeking a project, benefitting from being conveniently close to the coastal town of Bude and its renowned beaches.
Jeannsmeadow offers spacious and flexible accommodation throughout, well suited to a range of buyers including those seeking a family home or smallholding opportunity approaching 1.5 acres of grounds and gardens.
The detached property comprises of entrance porch, kitchen, 3 reception rooms and utility on the ground floor. The first floor offers 4 double bedrooms and family bathroom.
The property is approached via a private entrance leading to a driveway providing ample off-road parking for multiple vehicles and access to the detached double garage.
The grounds are a particular feature of Jeannsmeadow, offering a combination of garden and woodland which surround the property and enjoy a pleasant rural outlook.
Viewings highly recommended to appreciate the size of the property and plot!
Directions From Bude town centre proceed out of the town towards Stratton and upon reaching the A39 turn left signposted Bideford.
After approximately 1⁄4 mile take the right hand turn onto the A307 towards Holsworthy, continue for approximately 3 miles and upon reaching Red Post turn left signposted Kilkhampton.
Continue for approximately 1.5 miles, where the property will be located on the left hand side before the Methodist Chapel and before entering Grimscott.
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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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 Jeannsmeadow,, Launcells, Cornwall
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