7 Bed Detached House, Single Let, Barnstaple, EX31 4EH, £620,000

Marwood, Barnstaple, EX31 4EH - 2 years ago

BTL
~217 m²
+16 photos

ValuationUndervalued

Sold Prices£255K - £820K
Sold Prices/m²£1.7K/m² - £7.2K/m²

 

 

Square Metres

~217 m²
Price/m²£2.9K/m²

Value Estimate

£744,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£155,000

Stamp Duty & Legal Fees

£38,300

Total Cash In

£193,300

 

 

Cash Out

 

Rent Range

£660 - £2,195

Rent Estimate

£909

Running Costs/mo

£2,139

Cashflow/mo

£-1,230

Cashflow/yr

£-14,764

Gross Yield

2%

Local Sold Prices

50 sold prices from £255K to £820K, average is £465.5K. £1.7K/m² to £7.2K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£440K10/201.9 miSpringside, Ashfield Lane, Ashford, Barnstaple, Devon EX31 4BY4
£505K12/201.9 miClover Cottage, Winsham Road, Knowle, Braunton, Devon EX33 2LR4
£430K08/231.9 mi2, Churchford Road, Knowle, Braunton, Devon EX33 2LT4
£440K11/221.91 mi7, Stanbury Road, Knowle, Braunton, Devon EX33 2NR4
£820K12/201.92 miBirchall, Boode Road, Braunton, Devon EX33 2NW4
£350K10/201.92 mi1, Manor Mill Road, Knowle, Braunton, Devon EX33 2LS4
£522.5K02/211.97 miKnowle Cottage, Church Hill, Knowle, Braunton, Devon EX33 2ND4
£657K12/202.01 miBrambleside, Strand Lane, Ashford, Barnstaple, Devon EX31 4BW4
£310K11/202.07 mi6, Hazel Avenue, Braunton, Devon EX33 2EZ4
£332.5K06/212.07 mi8, Hazel Avenue, Braunton, Devon EX33 2EZ4
£405K07/232.07 mi34, Hazel Avenue, Braunton, Devon EX33 2EZ4
£427.5K10/222.12 mi10, Berry Road, Braunton, Devon EX33 2EY4
£370K11/222.22 mi9, Chestnut Close, Braunton, Devon EX33 2EH4
£480K09/222.25 mi44, Moor Lea, Braunton, Devon EX33 2PE4
£315K02/212.25 mi9, North Down Road, Braunton, Devon EX33 2EE4
£775K12/202.25 miCorilhead House, Corilhead Road, Braunton, Devon EX33 2EW4
£675K05/232.25 miDervia House, Higher Park Road, Braunton, Devon EX33 2LF4
£440K02/212.25 miNivena, Higher Park Road, Braunton, Devon EX33 2LF4
£535K12/222.25 miRivington, Higher Park Road, Braunton, Devon EX33 2LF4
£565K04/212.3 miTanglewood, Beacon Heights, Braunton, Devon EX33 2HY4
£461.1K05/212.32 mi27, Church Street, Braunton, Devon EX33 2EL4
£507K10/222.34 mi6a, Lower Park Road, Braunton, Devon EX33 2HG4
£290K12/202.43 mi18, East Street, Braunton, Devon EX33 2EA4
£718K01/232.43 mi7, St Brannocks Hill, Braunton, Devon EX33 1BD4
£475K07/232.44 mi10, Thorne Park, West Down, Ilfracombe, Devon EX34 8NG4
£472K04/232.44 mi8, Scurfield Close, Braunton, Devon EX33 1HQ4
£525K10/202.49 miBokenna, Frog Lane, Braunton, Devon EX33 1BB4
£490K10/202.54 miCarlton House, Exeter Road, Braunton, Devon EX33 2BN4
£470K06/232.55 mi27, Barton Lane, Braunton, Devon EX33 2BW4
£660K09/212.56 miByewood, West Hill, Braunton, Devon EX33 1AR4
£330K10/202.57 mi4, South View, West Down, Ilfracombe, Devon EX34 8NL4
£577.5K03/232.62 mi52b, South Street, Braunton, Devon EX33 2AN4
£437.5K06/222.64 mi7, First Field Lane, Braunton, Devon EX33 1ES4
£525K06/212.64 mi8, Ashmead Grove, Braunton, Devon EX33 1AL4
£426K03/212.7 miCrossley House, Saunton Road, Braunton, Devon EX33 1HB4
£350K02/232.71 mi124, South Street, Braunton, Devon EX33 2AS4
£455K06/212.71 mi36, Velator Close, Braunton, Devon EX33 2DT4
£350K11/202.74 mi20, Field Close, Braunton, Devon EX33 1EP4
£745K12/222.75 mi26, Pixie Lane, Braunton, Devon EX33 1AZ4
£520K10/202.75 mi21, Stallards, Braunton, Devon EX33 1BP4
£490K09/222.76 mi3, Ashton Crescent, Braunton, Devon EX33 1RD4
£255K02/212.77 mi8, Caen View, Braunton, Devon EX33 1FE4
£380K07/222.77 mi9, Caen View, Braunton, Devon EX33 1FE4
£447K06/222.78 mi42, Pixie Lane, Braunton, Devon EX33 1BW4
£430K05/212.79 mi9, Fairlynch Grove, Braunton, Devon EX33 1LU4
£335K08/232.8 mi7, Cutterburrow Lane, Braunton, Devon EX33 1FB4
£280K10/202.8 mi4, Cutterburrow Lane, Braunton, Devon EX33 1FB4
£490K02/232.81 mi40, Kingsacre, Braunton, Devon EX33 1BN4
£653.5K01/212.83 miTullimore, Fairlynch Lane, Braunton, Devon EX33 1BT4
£620K11/222.9 mi9, Goodgates Road, Braunton, Devon EX33 1DE4

Local Rents

23 rents from £660/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30005/240.1 miMarwood3
£1,50004/241.94 miAshford, Barnstaple3
£2,00011/231.96 mi-4
£1,85011/241.96 mi-4
£1,85004/242.03 miMilltown, Muddiford, Barnstaple, Devon, EX314
£1,75004/242.14 mi-3
£2,15002/252.14 mi-3
£2,19511/242.18 mi-4
£1,45012/242.19 mi-4
£1,95001/242.24 mi-4
£1,10003/242.32 miChurch Hill, West Down, Devon, EX343
£1,35004/242.33 miLongfield Close, Braunton, N Devon3
£85003/242.33 miSpringfield Flats, East Hill, Braunton, Devon, EX331
£1,75002/252.41 mi-3
£1,09503/252.42 mi-2
£1,09511/242.42 mi-2
£1,09503/242.42 miThe Gallery, Braunton, EX332
£1,15003/242.42 mi-2
£1,19502/242.42 mi-2
£66003/252.43 mi-1
£70003/252.43 mi-1
£75010/232.46 mi-2
£94505/232.48 mi-2

Local Area Statistics

Population in EX31

25,086

Population in Barnstaple

48,982

Town centre distance

3.83 miles away

Nearest school

1.70 miles away

Nearest train station

4.08 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £620,000

January 19, 2023

Floor Plans

Description

  • Detached Character Home +
  • Integral 2 Bedroom Annexe +
  • Ample Off Street Parking +
  • Mature Gardens and Garage +
  • Additional Land Available +
  • Agricultural Occupancy Condition +
  • Income Potential/Dual Occupancy +
  • Rural Location +
  • Freehold +
  • Council Tax Bands A & D +

A large detached character family house, suitable for dual occupation, in a timeless, rural location within easy reach of Barnstaple, Braunton & the Coast. Agricultural occupancy condition. Porch, Hall, Sitting Room, Dining Room, Kitchen, Breakfast Room, Utility Room, Cloakroom, 5 Bedrooms, 2 Bathrooms. 2 Bedroom, 2 Bathroom Annexe with L-shaped Sitting Room and separate Kitchen. Garage. Additional parking. EPC Band E.

Situation And Amenities - In terms of location, the property enjoys the best of all worlds, being well detached, in a private and a little used country lane, yet within easy access of local amenities. Marwood itself, with its ancient parish church, the noted Marwood Hill Gardens and village primary school, is about 10 minute drive. Approximately 12 mins drive away, is the popular village of Braunton with its excellent range of local facilities, restaurants, Inns and shops. To the West are the sandy beaches and surfing at Saunton (also with Championship golf course), Croyde, Putsborough and Woolacombe. Exmoor National Park is about 20 minuities by car. There are state and public schools within the general area including the reputable West Buckland School. Barnstaple, the regional centre, approximately 5 miles to the south and offers the area's main business, leisure and shopping facilities along with Pannier market, live theatre and District Hospital. At Barnstaple there is access to the North Devon Link Road [A361], which leads on to Junction 27 of the M5 motorway and nearby access to Tiverton Parkway, which offers a fast service to London Paddington, in about 2 hours. From Barnstaple there is also a sprinter train service which runs through to the cathedral city of Exeter. The nearest International airports are at Bristol & Exeter.

Description - Beara Charter Farmhouse comprises a large individual detached character residence which presents painted rendered elevations, with some double-glazed windows, beneath a tiled roof. We understand that the original core possibly dates from around the early 1900s but the house has been sympathetically extended during the 1980s. The property now offers generous and versatile accommodation, which could suit dual occupation by parts of the same family or used to generate an additional source of income.

Main House - Ground Floor - FRONT PORCH UPVC door and windows, tiled floor, wooden door to ENTRANCE HALL handy alcove, stairs to first floor with storage below. KITCHEN Shaker style kitchen, UPVC to front aspect, ample solid wood work surface with storage above and below, integrated 4 ring ceramic hob with extractor over, double oven space for dishwasher and fridge freezer, hatch through to DINING ROOM Dual aspect to front and side, stone fireplace with log burner SITTING ROOM REAR PORCH Tiled floor and access to rear drive way

First Floor - LANDING Loft hatch with drop down ladder to an insulated loft space. Airing cupboard, housing a hot water tank BEDROOM 1 Dual aspect double room, with delightful pastural views, fitted wardrobe BEDROOM 2 Dual aspect double room, built in wardrobe. BEDROOM 3 Window to rear elevation BEDROOM 4 Window to front elevation BEDROOM 5 Window to front elevation FAMILY BATHROOM Opaque window to rear elevation, 4 piece suite with large electrically operated shower cubicle, panel bath, hand wash basin with storage below and low level WC. SHOWER ROOM Electrically operated shower, pedestal hand wash basin and low level WC.

Annexe - The annexe (shaded light blue on the floor plan), has access from the front and rear and compromises of two storeys. The ground floor has a spacious South facing living area which, leads into a kitchen and downstairs bathroom. To the first floor, there are two double bedrooms and a good sized family bathroom.

Outside - The property is approached through a sweeping, stone wall drive, enclosed by mature trees, leading to an area with ample parking. To the front of the property there is a partially enclosed garden which is mainly laid to lawn, with a terraced area perfect for BBQ’s. To the rear of the property, there is further parking, with a panel-built garage/outbuilding with light and power. A gently sloped grass driveway, provides further additional vehicular access, also leads to a number of mature, elevated gardens. The gardens a varied with a small orchard, an area currently used to house chickens and a delightful stone patio. Further land could be available by separate negotiation, please speak to the sole selling agents for further details.

Agents Note - The property is subject to an Agricultural Occupancy Condition. Please ask the selling agent for further details.

Services - Mains electricity, borehole water supply, private drainage and oil fired central heating throughout the entire dwelling supplemented by an electric system in the annexe.

Directions - Leave Barnstaple on the A39 as heading towards Lynton. Whilst still within the town turn left at the traffic lights next to the Texaco Garage, and almost immediately right into Pilton. Follow the road through Pilton and out of town. From the edge of the town proceed for just short of 2 miles where you will pass by a single storey thatched stone cottage on the left, shortly afterwards turn left finger posted Whitehall and Middle Marwood. Follow this country lane for a further mile where you will pass through a small cluster of properties at Whitehall. At the end of Whitehall bear left towards Beara and follow this country lane for a further three quarters of a mile. Beara Charter Farm can be found on the right hand side, as the road merges, with name plate clearly displayed.
what3words - ///jolly.innovate.highs

Agent Details

Stags, Barnstaple

01271 441158

Next Steps?

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