2-bedroom flat · EX32 7RA
Listing removedListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently located on Long Meadow Drive, within walking distance of North Devon District Hospital and Barnstaple Town Centre, this two-bedroom ground floor flat offers comfortable and practical living.
The accommodation comprises an entrance hall leading to two generously sized bedrooms, a spacious open-plan living/dining room, a fitted kitchen with space for an upright fridge freezer and additional appliances, along with access to the rear courtyard.
There is also a stylish fitted shower room. Outside, the property benefits from a small enclosed rear courtyard, communal parking, double glazing, and gas central heating.
Sorry, no smokers or sharers. Available unfurnished from late September/early October. Agent's Note: Please be aware that an oven is not provided.
From the Webbers Barnstaple Office on Queen Street, head south-east towards the roundabout, take the 1st exit onto Belle Meadow Road (A3125).
At the next roundabout take the first exit onto Alexandra Road (A39), continuing through the lights at the cross roads until you reach the roundabout, at the roundabout take the 4th exit onto Derby Road follow this road to the cross-road traffic light and turn left onto St Georges Road.
After a short distance take the 3rd right (next to Co-Op) onto Heppenstall Road.
Following this road and continuing straight onto Long Meadow Drive once on Long Meadow Drive the property can be found on the left hand side.
Communal Entrance Hall Lounge/Diner 5.82m x 3.5m Fitted carpet, TV point, 2 x radiators and 2 x windows to front elevation.
Kitchen Modern fitted kitchen with space for cooker, ample storage space, vinyl flooring, stainless steel sink and drainer, window and door to the rear elevation and space for fridge/freezer.
Shower Room Stylish fitted shower cubicle with low level W/C, hand wash basin, heated towel rail, vinyl flooring, window to the rear elevation and extractor fan.
Bedroom 1 Fitted carpet, window to front elevation and radiator. Bedroom 2 Fitted carpet, window to front elevation and radiator.
Outside Small courtyard garden and communal parking.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Long Meadow Drive, Silverleat, Barnstaple, Devon, EX32
Explore nearby
