We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX32 9BG
Listing removedListed 481 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever-popular Newport area of Barnstaple, this well-presented one-bedroom ground floor flat offers an ideal opportunity for first-time buyers or those looking to downsize.
Available with no onward chain.
Conveniently located close to Barnstaple town centre, Rock Park, and the excellent local amenities of Newport, the property provides both comfort and convenience in a desirable setting.
The accommodation comprises an entrance porch leading into a bright and welcoming living room, a modern kitchen fitted with integrated appliances including an oven, fridge/freezer, and washing machine, a double bedroom, and a shower room.
This low-maintenance home is perfect for anyone looking to step onto the property ladder in a thriving and well-connected community.
From our office continue along Barbican Road and at the roundabout just past the Esso garage turn right into Victoria Road.
Follow the road taking the 3rd turning on the left into Newport Road and proceed along where number 71 will be located on the right hand side with a Webbers for sale board displayed.
Entrance Porch Lounge/Diner 4.75m x 3.66m Inner Hall Kitchen 3.43m x 1.9m Bedroom 3.56m x 2.5m Hallway Shower Room Tenure Freehold Services Mains electricity, water and drainage.
Electric heating Viewing Strictly by appointment with the selling agent Council Tax Band A - North Devon District Council Rental Income Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £595 to £645 subject to any necessary works and legal requirements (correct at July 2025).
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. Agents Note The vendor advises they own the freehold for 70 Newport Road & 71b Newport Road (the whole property).
The leaseholder of 71b pays an annual service charge direct to the freeholder
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.
Area
Agent & docs
FAQ
About Newport Road, Barnstaple, Devon, EX32
Explore nearby
