2 Bed Flat, Single Let, Barnstaple, EX32 8PT, £150,000

Stoat Park, Barnstaple, EX32 8PT - 10 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£88K - £215K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£168,882
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£625 - £1,100

Rent Estimate

£663

Running Costs/mo

£621

Cashflow/mo

£42

Cashflow/yr

£500

ROI

1%

Gross Yield

5%

Local Sold Prices

42 sold prices from £88K to £215K, average is £146K. £1.9K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£139K06/220 mi20, Stoat Park, Barnstaple, Devon EX32 8PT2
£160K10/220 mi31, Stoat Park, Barnstaple, Devon EX32 8PT2
£127K12/220 mi23, Stoat Park, Barnstaple, Devon EX32 8PT2
£102K01/230.05 mi43, Otter Way, Barnstaple, Devon EX32 8PS2
£150K11/220.06 mi41, Otter Way, Barnstaple, Devon EX32 8PS2
£120K05/230.19 mi55, East Park Road, Barnstaple, Devon EX32 8PL2
£127K04/210.36 mi55, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£170K01/230.37 mi61, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£88K04/210.49 mi22, Brewer Road, Barnstaple, Devon EX32 8EX2
£162.5K07/220.49 mi11, Brewer Road, Barnstaple, Devon EX32 8EX2
£125K07/220.63 mi12, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£140K01/230.65 mi18, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£120K05/210.65 mi9, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£185K08/210.67 miFlat 3, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£153K09/210.67 miFlat 2, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£145K11/210.85 miFlat 8, Portland Court, Victoria Road, Barnstaple, Devon EX32 9HF2
£185K02/230.93 mi46a, Silverwood Heights, Barnstaple, Devon EX32 7RJ2
£180K09/221.02 mi14, Hills View, Barnstaple, Devon EX32 8BN2
£155K06/231.05 mi19a, Summerland Street, Barnstaple, Devon EX32 8JH2
£118K06/221.05 miFlat 4, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£120K08/231.05 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£117K01/211.05 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£108K05/211.05 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£122K02/231.05 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£119K12/201.07 miFlat 7, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£137.5K04/231.14 miTop Floor Flat, 37, Richmond Street, Barnstaple, Devon EX32 7DP2
£132K07/211.26 mi78, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ2
£115K09/211.31 mi14a - 14b, Joy Street, Barnstaple, Devon EX31 1BS2
£205K04/211.37 mi1, Coronation Street, Barnstaple, Devon EX32 7AY2
£178K07/211.47 miFlat 8, Park View, Pilton Causeway, Barnstaple, Devon EX32 7FB2
£136K08/211.55 mi85, Westaway Heights, Barnstaple, Devon EX31 1NR2
£145K11/211.55 mi58, Westaway Heights, Barnstaple, Devon EX31 1NR2
£147K12/201.55 mi75, Westaway Heights, Barnstaple, Devon EX31 1NR2
£150K11/201.55 mi74, Westaway Heights, Barnstaple, Devon EX31 1NR2
£160K07/221.56 mi36, Westaway Heights, Barnstaple, Devon EX31 1NY2
£180K02/211.59 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£186.8K10/221.59 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£175K07/211.7 miApartment 24, Cleave Point, Cleave Road, Sticklepath, Barnstaple, Devon EX31 2AT2
£168K03/221.76 miFlat 4, College Court, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BG2
£147K05/211.76 miFlat 2, College Court, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BG2
£190K12/201.81 mi4, West End, Barnstaple, Devon EX31 1GL2
£215K06/221.97 mi8, Oaklands Gardens, Sticklepath, Barnstaple, Devon EX31 2EZ2

Local Rents

28 rents from £625/mo to £1.1K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£72503/240.12 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£77504/250.14 mi-2
£69503/240.27 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£87503/240.66 miWalton Way, Barnstaple2
£80003/240.66 miLundy Close, Barnstaple, EX322
£62504/240.73 miNewport Road, Barnstaple, Devon2
£82512/230.76 mi-2
£85012/240.76 mi-2
£92503/240.89 miChichester Close2
£80003/240.89 miAshleigh Road, Barnstaple, EX322
£78505/241.01 miLong Meadow Drive2
£85003/241.01 miLong Meadow Drive, Barnstaple2
£67504/241.03 miDoone House, Barnstaple, Devon2
£1,10011/231.05 mi-2
£72504/241.06 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/241.06 miLong Meadow Drive, Barnstaple, Devon, EX322
£80004/241.09 mi-2
£85009/231.14 mi-2
£80001/241.14 mi-2
£95011/231.15 mi-2
£72504/241.15 miBarnstaple2
£92504/241.15 miQueen Street, Barnstaple2
£92505/241.15 miQueen Street, Barnstaple2
£1,10011/231.16 mi-2
£1,10009/241.16 mi-2
£92504/241.17 miQueen Street, Barnstaple2
£92503/241.22 miRegent House, Queens Street2
£79502/251.22 mi-2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

1.33 miles away

Nearest school

0.40 miles away

Nearest train station

1.39 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £150,000

March 8, 2025

Price changed to £160,000

September 24, 2024

Listed for £165,000

June 11, 2024

Floor Plans

Description

  • WATCH THE VIDEO TOUR +
  • Two bedroom ground floor apartment +
  • Private and southerly facing rear garden +
  • Low maintenance charges +
  • Share of the freehold +
  • Open plan living/dining space +
  • Two double bedrooms +
  • Ample communal parking +
  • No onward chain +
  • TO BOOK YOUR VIEWING, WHEN CALLING QUOTE REFERENCE: RY0585 +

TO BOOK YOUR VIEWING, WHEN CALLING QUOTE REFERENCE: RY0585 Accommodation The front door steps into the open plan living arrangement, which also in turn gives access to all of the rest of the accommodation. This generous room makes for a sociable area, allowing plenty of room for a sofa set and dining table and chairs. A separate kitchen is fitted with a range of wall and base cupboards and drawers, along with an electric oven and induction hob with extractor canopy over. Here, space is provided for a washing machine and freestanding fridge/freezer with a stainless steel sink/drainer embedded within ample worksurface space.  Both bedrooms are located towards the opposite end of the reception area, each served by a family bathroom which is equipped with a WC, wash hand basin and an enclosed shower cubicle. Bedroom one is a comfortable double room while the second bedroom is also a double but accesses the rear garden via a door to the patio. The garden is a real bonus, considering the style of property in the area rarely comes complete with its' own private outside space. Outside & parking To the front there is ample communal parking, which allows for plenty of space for residents and their guests to park freely.  At the rear of the property, there is a low maintenance rear garden with a patio and artificial lawn area. It is fully enclosed with fenced borders and a pedestrian gate at the side providing rear access. A small section wrapping around the side as little area of lawn and is home to a wooden shed which is useful for external storage.  Location Stoat Park is tucked away within a no-through road, and located within the convenient residential district of Whiddon Valley, on the edge of Barnstaple. A Tesco superstore, garden centre, corner shop and popular fish & chip shop are all within close walking distance, as is the town centre within around 20/25 minutes. Furthermore, there is a subway and popular cycle network connecting the town and surrounding area within a short walk from the property. Barnstaple itself is the regional centre of North Devon, and boasts numerous high street shops including Green Lanes Shopping Centre, various supermarkets, department stores, cinema, live theatre, numerous eateries and leisure facilities. The popular sandy surfing beaches of Saunton, Croyde and Woolacombe are within around 20-30 minutes drive, as is the border of Exmoor National Park. Whiddon Valley is particularly well located for the A361 network and beyond, taking you to the M5 and also Tiverton Parkway train station in around 45 minutes, where there is fast services to London Paddington. Other notable areas for further shopping include Exeter in around an hour's drive, and the Cornish border within about a 45 minute drive. Useful information

  • Tenure - Share of the freehold (with 125 year lease beginning on 1st January 2019)
  • Age - 1980's
  • Maintenance charge - Approx. £360 per annum
  • Heating - Electric heating
  • Drainage - Mains
  • Windows - UPVC double glazed throughout
  • Council Tax - Tax band A
  • Seller's position - No onward chain

Agent Details

eXp UK, South West

03304 609968

Next Steps?

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