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See how verdicts work3-bedroom bungalow
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient position just outside Barnstaple town centre, 2 Chanters Hill is a spacious 3 bedroom detached bungalow offering well-proportioned accommodation, generous driveway parking and an enclosed rear garden.
Whilst the property would benefit from some modernisation and updating, it presents a fantastic opportunity for prospective purchasers to put their own stamp on a home and create something truly special.
Available with no onward chain. Upon entering the property, you are welcomed into an entrance hallway.
The spacious lounge/dining room offers plenty of room for both comfortable seating and dining furniture, with sliding patio doors leading out to the rear garden.
The kitchen is fitted with a range of wall and base units, complemented by worktop surfaces and space for appliances, whilst enjoying an outlook over the front elevation.
An internal door provides convenient access to the garage. The bedroom accommodation comprises three double bedrooms. These are served by a family bathroom fitted with a three-piece suite.
Externally, the property benefits from a generous frontage providing ample driveway parking and access to the 30ft single garage, ideal for vehicle storage, a workshop or additional storage requirements.
Side pedestrian access leads around to the private and enclosed rear garden, which is predominantly laid to stone chippings for ease of maintenance.
The garden also benefits from a greenhouse and useful storage shed.
Offered to the market with no ongoing chain, this detached bungalow presents an exciting opportunity for buyers looking to modernise and personalise a property to their own tastes.
With its generous accommodation, excellent parking facilities and manageable outside space, an internal viewing is highly recommended to fully appreciate the potential on offer.
Leave the town in the direction of the A39. Turn off the relief road, signposted to Bratton Fleming.
Proceed up the hill taking the third right hand turning into Sowden Lane which leads into Chanters Hill.
Follow the road around to the left where the property will be the second bungalow on your left with a Webbers for sale board displayed.
Entrance Porch Entrance Hall Kitchen (2.9m x 2.74m) Lounge/Diner (5.97m x 5.18m) Bedroom 1 (3.84m x 2.82m) Bedroom 2 (3.45m x 2.84m) Bedroom 3 (2.95m x 2.82m) Bathroom Garage (9.14m x 2.26m) 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 £1,050 to £1,100 subject to any necessary works and legal requirements (correct at October 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
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.
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FAQ
About 2, Chanters Hill, Devon
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