2-bedroom house · EX32 9JG
Listing removedReduced £10k (−5.3%) on 21 JunListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked into a mid-terrace row, this charming home is full of thoughtful touches and period character, ideal for those looking to step onto the property ladder in a great part of Newport, Barnstaple.
Step through the front door into a practical entrance porch, a perfect spot for shoes and coats.
Inside, the open-plan ground floor has been cleverly zoned by the current owners to create cosy, defined living areas. The lounge features enough room for a corner sofa and armchair.
The adjacent dining space comfortably fits a table for four, with additional built-in storage and a neat coffee station tucked under the stairs.
It's a warm, functional space with a relaxed, homely feel. A stable-style sliding door separates the kitchen from the main living area.
This kitchen is full of cottage charm, with space for freestanding units, a counter-top washing machine, cooker and access to the rear courtyard.
Upstairs, the main bedroom is a spacious retreat, with room for a large bed, full-height wardrobes and more, plus a decorative fireplace that ties in beautifully with the home's character.
The second bedroom is currently set up as a home office but would comfortably fit a double bed. The bathroom is fresh and modern, with a three-piece suite and a bright, airy feel.
The landing has also been put to good use, with space for a tumble dryer and a built-in storage cupboard, practical and neatly integrated into the home's layout.
Outside, the rear courtyard is a peaceful spot with space for garden furniture, planters, and established shrubs. A quiet retreat just steps from the kitchen.
On-street parking is available, and the location offers great access on foot to both Newport and Barnstaple town centre.
Schools, bus routes and Rock Park are all within easy reach, making this not just a great first home, but one that's ready to enjoy from day one.
Local Shop - 0.1 miles // Local School - Newport Community School Primary Academy 0.3 miles // Local Pub - 0.7 miles // Parking - On Road - // Tenure - Freehold //
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 31, Cyprus Terrace, Barnstaple
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