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 work2-bedroom semi-detached house · EX31 3SF
Listing removedListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the quiet and popular Parklands development in Roundswell, this two-bedroom semi-detached home offers a fantastic opportunity for those looking to take their first step onto the property ladder.
Offered with the advantage of no onward chain, the property is ready for its next owner to move straight in and make it their own.
The ground floor opens into a bright and inviting living room, centered around a feature fireplace and a large bay window that fills the space with natural light.
From here, you move into the kitchen, which is well-appointed with modern cabinetry and leads seamlessly into a standout feature of the home: A substantial rear conservatory.
This versatile space is ideal for use as a dedicated dining room or a secondary garden room, creating an open and airy flow that is perfect for entertaining.
Upstairs, the property continues to impress with two well-proportioned bedrooms.
The primary bedroom benefits from large mirrored wardrobes, while the second bedroom offers a comfortable space for guests or a home office.
These are served by a modern, fully tiled shower room finished with a clean white suite and a curved corner shower. Outside, the home is designed for convenience and low-maintenance living.
A private driveway to the side provides off-road parking for two vehicles, while the enclosed rear garden features a mix of patio and grey decking, offering a private spot for outdoor relaxation without the upkeep of a large lawn.
Situated within easy reach of Roundswell's local amenities and major retailers, this home combines a peaceful residential setting with excellent connectivity. Call now to arrange your viewing!
Local Shop - 0.4 miles - // Local Pub - 0.7 miles // Local School - Roundswell Community Primary Academy 0.9 miles // Parking - Driveway Parking For 2 Vehicles // Tenure - Freehold //
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
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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
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FAQ
About 2, Parklands, Barnstaple
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