3 Bed Semi-Detached House, Single Let, Barnstaple, EX32 0JQ, £450,000

Blakeshill Road, Landkey, Barnstaple, Devon, EX32 0JQ - 3 views - 2 years ago

BTL
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£175K - £580K
Sold Prices/m²£2.1K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£298,586

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£550 - £1,500

Rent Estimate

£575

Running Costs/mo

£1,541

Cashflow/mo

£-966

Cashflow/yr

£-11,595

Gross Yield

2%

Local Sold Prices

21 sold prices from £175K to £580K, average is £266.5K. £2.1K/m² to £4.6K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£292.5K04/230.06 mi2, Bramble Path, Landkey, Barnstaple, Devon EX32 0UG3
£280K09/210.07 mi16, Castle Mill, Landkey, Barnstaple, Devon EX32 0FA3
£239K03/210.08 mi7, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£231.5K12/200.08 mi14, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£580K05/230.08 mi4, The Orchards, Landkey, Barnstaple, Devon EX32 0QP3
£500.3K12/220.15 mi16, Sloe Lane, Landkey, Barnstaple, Devon EX32 0UF3
£195K07/230.16 mi35, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ3
£386.5K05/210.17 mi22, Cherry Tree Drive, Landkey, Barnstaple, Devon EX32 0UE3
£295K08/210.18 mi8, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£175K09/210.18 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£185K04/210.18 mi31, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£221.5K04/230.18 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£345K06/210.19 miAdelphia, Manor Road, Landkey, Barnstaple, Devon EX32 0JJ3
£266.5K12/200.2 mi11, Denes Close, Landkey, Barnstaple, Devon EX32 0JD3
£241K11/220.21 mi21, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£197.5K12/200.25 mi7, Church Lake, Landkey, Barnstaple, Devon EX32 0JS3
£196K02/210.31 mi6, Church Meadow, Landkey, Barnstaple, Devon EX32 0JB3
£280K04/210.31 mi3, Bramley Meadow, Landkey, Barnstaple, Devon EX32 0PB3
£345K06/230.31 miDerrie, Tanners Road, Landkey, Barnstaple, Devon EX32 0NQ3
£410K06/210.41 mi6, Newlands Close, Landkey, Barnstaple, Devon EX32 0NH3
£260K05/210.45 mi8, Newlands, Landkey, Barnstaple, Devon EX32 0NJ3

Local Rents

52 rents from £550/mo to £1.5K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£1,30004/240.52 miHarford, Landkey3
£1,30004/240.52 miHarford, Landkey3
£1,00004/241.17 miOak Tree Drive, Barnstaple3
£69503/241.19 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£60004/241.36 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£72503/241.51 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£77504/251.53 mi-2
£80002/241.55 mi-1
£1,25009/231.6 mi-2
£1,15003/251.6 mi-2
£97505/241.64 mi-3
£97505/241.64 mi-3
£80001/241.74 mi-1
£80004/251.74 mi-1
£1,40002/251.78 mi-3
£1,40002/251.78 mi-3
£80011/241.81 mi-3
£1,50004/241.82 miGoodleigh, Barnstaple4
£92503/241.86 miChichester Close2
£65004/241.89 miLynwood House, Barnstaple, EX321
£65005/241.89 mi-1
£65005/241.89 mi-1
£55004/241.9 miClarence Place, South Street, Barnstaple1
£62507/241.9 mi-1
£62512/241.91 miSouth Street, Newport, Barnstaple, EX321
£80004/241.94 miBishops Tawton, Barnstaple2
£87503/241.95 miNorthcliffe, Bishops Tawton, Barnstaple3
£62504/241.97 miNewport Road, Barnstaple, Devon2
£82512/232 mi-2
£85011/242 mi-2
£80003/242.03 miLundy Close, Barnstaple, EX322
£87503/242.05 miWalton Way, Barnstaple2
£65003/242.1 miGloster Road, Barnstaple1
£1,40004/242.19 miNewport Road, Barnstaple, Devon, EX324
£92503/242.2 miMartin Road, Barnstaple, Devon, EX323
£55004/242.25 miRock Park Terrace, Barnstaple1
£80003/242.27 miAshleigh Road, Barnstaple, EX322
£99503/242.28 miSilverwood Heights, Barnstaple, Devon, EX324
£1,30011/242.36 mi-4
£78505/242.38 miLong Meadow Drive2
£1,10011/232.38 mi-2
£85003/242.39 miLong Meadow Drive, Barnstaple2
£67504/242.42 miDoone House, Barnstaple, Devon2
£72504/242.44 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/242.44 miLong Meadow Drive, Barnstaple, Devon, EX322
£85002/242.47 mi-1
£90003/242.47 mi-1
£90009/242.47 mi-1
£80002/252.47 mi-1
£80004/242.48 mi-2
£85009/232.48 mi-2
£80001/242.48 mi-2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

2.69 miles away

Nearest school

0.20 miles away

Nearest train station

2.66 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £450,000

May 25, 2023

Floor Plans

Description

  • Three bedrooms +
  • Off road parking +
  • Large garden +
  • Outbuildings +
  • Former shop adjoining +
  • Popular village location +

Being sold for the first time in 20 years is this unique opportunity to acquire a beautifully maintained three bedroom cottage with an adjoining former village shop, further outbuildings and a generous garden.

The home offers inviting accommodation briefly comprising of a conservatory with attractive slate flooring that continues into the dining room which has an abundance of charm and character. From here you can access the sitting room which is nicely presented and is flooded with natural light from the box style window. The kitchen continues to impress with built in appliances, base level units and a neutral decor. Heading up to the first floor you will find three good sized bedrooms and a stylish four piece bathroom suite including a slipper bath.

The shop has its own entrance from the road and provides ample space and size, there is access through to a large store room in addition and also access into the main cottage. This space could be used once more as an income generating shop or alternatively, subject to obtaining necessary permissions could be converted to create additional living space for the home.

Lyncroft cottage is located in the sought after village of Landkey. The village itself is situated just 2.5 miles east of Barnstaple and has an outstanding primary School, there are regular buses to both Barnstaple and South Molton. Amenities within the village include an historic church, a village hall, post office/shop and a popular Public House.

The village enjoys direct access to the A361 (North Devon link road) which provides links to the larger regional centre of Barnstaple, the historic and regional centre of North Devon affording a more extensive range of commercial, educational and recreational facilities befitting from a variety of banking, schooling, a theatre, cinema, leisure centre and restaurants, combining modern shopping amenities with a bustling market atmosphere. Popular sandy beaches of Westward Ho!, Instow, Saunton, Croyde and Woolacombe are within easy reach. The cathedral city of Exeter with its university, airport, inter-rail and motorway links is some 42 miles in distance.

Stepping into the garden there is a low maintenance stone gravelled space which is ideal for a sitting and relaxing. Further on there are a small amount of steps leading to slabbed patio that overlooks the main body of the garden which is predominantly laid to lawn and is private and enclosed on all sides. There is a hot tub that shall be remaining and multiple outbuildings that can also be utilised, along with rear access for parking.

Agent Details

Greenslade Taylor Hunt, Barnstaple

01271 444387

Next Steps?

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