3-bedroom semi-detached house · EX31 3EY
Listing removedListed 224 days
Opportunity summary
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About
**Just released** Plot 36, The Alder The Alder is an attractive double-fronted 3 bedroom home, with plenty of kerb appeal which you'll get to enjoy every time you arrive home.
Designed with modern family living in mind, the layout of the open plan kitchen/dining room allows you to keep a close eye on homework duties in the work from home area, while catching up over a cuppa with friends and family.
This flexible open plan space offers you an area to comfortably work from home, without impacting on your family living space.
French doors from both the lounge and the kitchen/ dining room lead to the garden, creating a light, bright and airy home.
You'll also find handy storage underneath the stairs, to hide away the less glamorous parts of your home.
Across the hall, the dual-aspect lounge is a great space for when you need some relaxing quiet time too again with french doors leading to the garden.
The downstairs cloakroom is an added bonus and comes in handy especially when you have guests.
The first floor comprises of a main bedroom with an en suite shower room and two further bedrooms along with a spacious family bathroom, with the addition of two storage cupboards for all the essentials.
If you're looking for additional space for your growing family, the third bedroom would make a brilliant nursery, but how you choose to use your space is completely up to you.
Set in the charming North Devon village of Yelland, Otters Reach is an exciting new development by Wain Homes, delivering 80 thoughtfully designed, energy-efficient homes, nestled near the scenic River Torridge.
Otters Reach will offer a wide selection of beautifully crafted 2, 3, and 4 bedroom homes, perfectly suited for first-time buyers, growing families, and those seeking to downsize in comfort.
Combining contemporary design with practical layouts, our homes are designed for modern living, surrounded by the best of North Devon.
Located just a short distance from Barnstaple, the development enjoys excellent connectivity to local amenities, schools, and transport links.
Its proximity to the stunning beaches of Instow, Braunton, and Woolacombe, as well as the famous Tarka Trail, ensures that Otters Reach offers the perfect balance of countryside charm and coastal living.
THE DETAILS MATTER – THAT’S WHY THEY’RE ALL INCLUDED. At Wain Homes, we don’t believe in hidden extras. What you see is what you get.
Our homes at Otters Reach come with a premium all-inclusive specification, from contemporary flooring and integrated appliances to fitted wardrobes and fully finished kitchens in your choice of style – and so much more.
And yes, it’s all included in the price! Get in touch today to find out more. At Otters Reach, we are committed to building homes that embrace sustainable living.
All of our homes are designed with energy efficiency in mind, and we are proud to be the first site to incorporate Air Source Heat Pumps, which harness ambient air to generate warmth, making them both highly energy-efficient and environmentally friendly.
Additionally, every home features EV charging points , supporting the move toward a greener future.
Construction is already underway, and the first homes are expected to be available to reserve next month!.
With its enviable location in Devon, thoughtful design, and the exceptional quality you expect from a Five-Star accredited housebuilder, Otters Reach is set to become one of Yelland’s most sought-after new addresses.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Plot 36, The Alder, Otters Reach, Yelland, Devon, EX31
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