3-bedroom detached house · EX33 2FQ
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 14 - This is a 3 bedroom detached home with the largest of gardens on the current phase and has the benefit of a balcony to the main bedroom, views of the 2 rivers coming together and a garage en-bloc.
Ready for occupation.
Riversmeet homes are superbly situated, with unending views of beautiful countryside, combined with a short walk distance to the supermarket, a local gym (the Gym Braunton), shops, cafes, doctors, primary and secondary schools, church and only a ten minute drive to one of the best links courses in the UK - the Saunton Golf Club.
Riversmeet is at the starting point to access areas of amazing natural beauty - Crow Point, the Burrows and Saunton Sands and Croyde.
The famous Tarka Trail, popular with cyclists and hikers runs adjacent to the site.
Another 30 minutes further afield is the spectacular surfing beach at Woolacombe Bay and the dramatic landscapes of Exmoor on the north coast of Devon.
The open market houses are arranged to maximise the southerly views across the downs with all benefitting from water frontage onto the River Caen and Knowle Water.
The rivers add a special dimension to the site with the tide ebbing and flowing and varying depths throughout the year, and with river banks abundant with wildlife such as Otters.
The houses are contemporary in design with white render all with a fully glazed elevation facing toward the view south.
They are entered from an attractive paved courtyard with window boxes to break up the pattern of the elevations, making these an attractive feature internally.
The houses are conventionally arranged with living areas on the ground floor and bedrooms above with sloping mono pitch roof.
A paved terrace between the living area and the waterfront provides a splendid external dining / barbecue area for the warmer months as a transition between outdoor and indoor living.
Bathrooms, stairs and kitchens are planned on the north, non-view elevations. Ample parking is provided in the entrance courtyard, which is landscaped to add to the appealing look of the development.
Coming from Barnstaple on the A361, at the roundabout, just after the Murco garage, take the first exit on to Vellator Way.
At the next roundabout take the second exit and continue along a short distance. Half way up this road, immediately before the bridge, you will find the development Riversmeet on your left hand side.
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
Agent & docs
FAQ
About Plot 14 Riversmeet,, Riversmeet, Braunton
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