3-bedroom house · EX31 1JN
Listing removedReduced £10k (−5%) on 29 JunListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for first time buyers eager to step onto the ladder, this appealing project offers generous space and real potential to create a comfortable home.
The main living room provides a good sized area to relax, with natural light coming through to create a welcoming feel.
Moving through, the dining room offers a separate space for meals or entertaining or to be used as a second living room, linking well with the galley kitchen which is practical in layout and offers scope for improvement to suit modern tastes.
Just off the dining room, a sun room adds extra living space and can be used as a quiet sitting area, playroom, or workspace, with views out to the garden that help bring the outside in.
The garden itself is a useful feature for first time buyers looking for outdoor space, whether for relaxing, gardening, or spending time with friends and family, and it offers a blank canvas to shape over time.
A garage adds further practicality, providing storage or parking options which are always valuable so close to the town centre.
Upstairs, the property continues to offer good space with two double bedrooms and a larger king bedroom, all offering flexibility for sleeping, working from home, or guest use.
The shower room upstairs serves these rooms well, while the bathroom located at the rear of the ground floor, accessed through the kitchen, adds additional convenience.
Many rooms have been freshly painted, giving buyers a blank canvas as a helpful starting point while still leaving plenty of opportunity to modernise and personalise.
This is very much a project property, making it ideal for those who want to invest time and effort to create a home that suits their needs, while benefiting from the amount of space on offer at a more accessible price point.
Located in the heart of Barnstaple, this home enjoys easy access to a wide range of local amenities that make day to day life simple and convenient.
The nearby town centre offers shops, cafes, and essential services, all within easy reach, which is perfect for first time buyers who want everything close by.
Families and young buyers alike will benefit from nearby schooling options such as Barnstaple College, along with other local schools in the area.
For commuting or exploring further afield, Barnstaple railway station provides transport links connecting to surrounding towns and beyond, making it easier to travel for work or leisure.
The location also gives access to nearby countryside and coastal areas, offering a balance between town living and outdoor enjoyment, which adds to the overall appeal for buyers looking to settle into their first home while still having room to grow.
Note: Some images have been digitally enhanced.
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 14, Rolle Street, Barnstaple
Explore nearby