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See how verdicts work2-bedroom flat · EX32 8PS
Listing removedReduced £8k (−5.6%) on 25 JunListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern two-bedroom ground floor purpose-built flat offers well-presented and spacious accommodation, making it an ideal purchase for first-time buyers or buy-to-let investors.
The property features a bright and airy lounge/diner complete with a charming electric wall mounted fire, creating a comfortable and inviting living space.
The attractive kitchen is fitted with a range of matching base and wall-mounted units, providing ample storage and practicality.
Both bedrooms are generously sized doubles, with the principal bedroom benefiting from UPVC double glazed French doors that open directly onto a large, private, and easy-to-maintain garden-perfect for relaxing or entertaining.
The bathroom is fitted with a clean white suite and includes a shower over the bath.
Additional benefits include gas radiator central heating, double glazed sealed unit windows, and fitted carpets included within the sale, along with freshly decorated rooms.
Offered in good condition throughout and with no onward chain, this property represents a fantastic opportunity for those looking to move quickly.
This modern two-bedroom ground floor purpose-built flat offers well-presented, spacious, and ready-to-move-into accommodation, making it an excellent choice for first-time buyers, downsizers, or buy-to-let investors alike.
Freshly decorated throughout and offered with no onward chain, the property provides a hassle-free purchase for those looking to move quickly.
The accommodation is both practical and inviting, with a bright and airy lounge/diner forming the heart of the home.
This generous living space is enhanced by a charming living flame electric fire, creating a warm and comfortable setting ideal for both relaxing evenings and entertaining guests.
The attractive kitchen is well-appointed with a range of matching base and wall-mounted units, offering ample storage and workspace to suit modern living.
Both bedrooms are generously sized doubles, providing flexibility for a range of buyers.
The principal bedroom is a particular highlight, benefiting from UPVC double glazed French doors that open directly onto a large, private, and easy-to-maintain garden.
This outdoor space is perfect for al fresco dining, entertaining, or simply enjoying a quiet retreat.
The bathroom is fitted with a clean white suite and includes a shower over the bath, combining practicality with a fresh and neutral finish.
Additional features include gas radiator central heating, double glazed sealed unit windows, and fitted carpets included within the sale, further enhancing the home’s comfort and appeal.
Situated within the popular Whiddon Valley area, the property enjoys a convenient and well-regarded residential setting on the outskirts of Barnstaple.
The location offers easy access to a range of local amenities including shops, supermarkets, schools, and leisure facilities, while also providing excellent transport links via the North Devon Link Road (A361), making it ideal for commuters.
Barnstaple town centre is just a short distance away, offering a wider selection of shopping, dining, and recreational options, as well as access to the North Devon coastline with its renowned beaches.
Combining a desirable location with well-maintained accommodation and private outdoor space, this property represents a fantastic opportunity for a wide range of buyers.
Living Room (4.76m x 3.76m) Bright and spacious spacious living room, enough space for lounge furniture and dining area, large UPVC double glazed window to front aspect, radiator, feature fireplace with electric wall mounted fire, ample power points, new fitted carpet, Freshly decorated throughout, coved ceiling, door leading to communal hallway, Distant countryside views.
Kitchen (2.45m x 1.75m) UPVC double glazed window to rear aspect, pleasant view over private rear garden, modern fitted kitchen with range of base and wall mounted cupboards, built-in electric oven with gas hob and extractor hood over, part tiled walls, work surface areas, sink unit with mixer tap, space and plumbing for washing machine, space for low-level fridge freezer, and power points, easy to maintain lino flooring.
Hallway Giving access to bedrooms and bathroom, airing cupboard housing ideal gas fired boiler, fitted carpet.
Bedroom One (3.08m x 2.86m) UPVC double glazed window to rear aspect, UPVC double glazed door giving access to steps which lead down to the private rear garden, radiator, new fitted carpet, freshly decorated.
Bathroom (1.9m x 1.75m) UPVC double glazed opaque window to rear aspect, pedestal hand basin, low-level WC, panelled bath with wall mounted triton shower over with tiled surround, heated chrome towel radiator, shaving point, lino flooring.
Bedroom Two (3.08m x 2.68m) UPVC double glazed window to front aspect, partial distant countryside views, radiator, new fitted carpet, freshly decorated throughout.
Outside There is easy access to this ground floor property via the communal hallway, to the front of the property is an area of lawn thought to be maintained by the council, there is also ample residence communal parking a very short walk away.
To the rear of the property is a large enclosed and private garden which runs the full width of the property.
This is a very rare feature for properties of this style and certainly a strong attraction, the garden has been designed for ease of maintenance with a large patio area and low maintenance gravel borders.
The garden can be accessed via bedroom one and also the garden benefits from a gate to the rear giving separate pedestrian access, whilst also leading to additional communal parking areas.
Some distant countryside and Woodland views can be enjoyed from the rear, through the surrounding properties.
The garden is a great place to relax play or entertain whilst allowing your pets to put in a fully enclosed space.
Note For clarification, we wish to inform prospective purchasers that these sales particulars have been prepared as a general guide only. Some photographs may have been taken using a wide-angle lens.
We have not carried out a detailed survey, nor tested the services, appliances or specific fittings.
All room sizes and measurements are approximate and should not be relied upon for the purposes of carpets, furnishings or other fittings.
If there are any important matters likely to affect your decision to purchase, please contact us prior to viewing the property.
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.
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FAQ
About 40, Otter Way, Devon
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