2-bedroom flat · EX31 1BZ
Let agreedListed 25 days
Opportunity summary
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About
This is a stylishly presented 1st floor two bedroom apartment conveniently located in the heart of Barnstaple available for immediate occupation.
The apartment is located above Waterstones bookstore in the High Street and is accessed via its own shared entrance next to the shop.
The apartment benefits from high ceilings and has recently been refurbished to a high standard with quality fixtures and fittings.
The property is Gas Centrally heated and is fitted with secondary glazing and also comes supplied with a washing machine, integrated hob and oven, dishwasher and a tall fridge freezer.
New carpets fitted throughout. Contact Northwood today as we don't expect this to be around for long. Council Tax Band A, EPC rating C.
Available from November 2026 on an Assured Periodic Tenancy (APT) with potential for a Long Term Let. One month’s rent will be payable at the tenancy onset and a deposit of £1125 will be required.
The deposit will be registered in accordance with TDS criteria; a Government approved deposit agency with insurance backing and a deposit certificate will be issued to tenants once it has been registered.
We also offer an alternative deposit scheme via Reposit and successful applicants we be able to choose between traditional or the alternative, please contact us for further details.
Referencing will be based on affordability Please note that all persons over 18 years of age would be expected to be on the tenancy agreement.
Working or retired preferred others considered with Guarantor, Smoking and vaping are not permitted in the property. The property will be managed by Northwood.
Northwood North Devon Ltd is a member of Propertymark which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme.
You can find out more details EPC rating: C.
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.
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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 High Street, Barnstaple, EX31
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