3 Bed Bungalow, Single Let, Barnstaple, EX32 0JD, £350,000

15 Denes Close, Landkey, Barnstaple, Devon, EX32 0JD - 8 months ago

BTL
~82 m²
+8 photos

ValuationOvervalued

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

 

 

Square Metres

~81.70 m²
Price/m²£4.3K/m²

Value Estimate

£262,306

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£550 - £1,500

Rent Estimate

£588

Running Costs/mo

£1,231

Cashflow/mo

£-643

Cashflow/yr

£-7,720

Gross Yield

2%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£266.5K12/200.02 mi11, Denes Close, Landkey, Barnstaple, Devon EX32 0JD3
£500.3K12/220.04 mi16, Sloe Lane, Landkey, Barnstaple, Devon EX32 0UF3
£386.5K05/210.07 mi22, Cherry Tree Drive, Landkey, Barnstaple, Devon EX32 0UE3
£239K03/210.11 mi7, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£231.5K12/200.11 mi14, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£292.5K04/230.12 mi2, Bramble Path, Landkey, Barnstaple, Devon EX32 0UG3
£295K08/210.13 mi8, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£175K09/210.13 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£185K04/210.13 mi31, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£221.5K04/230.13 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£241K11/220.14 mi21, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£195K07/230.18 mi35, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ3
£580K05/230.21 mi4, The Orchards, Landkey, Barnstaple, Devon EX32 0QP3
£197.5K12/200.22 mi7, Church Lake, Landkey, Barnstaple, Devon EX32 0JS3
£345K06/210.24 miAdelphia, Manor Road, Landkey, Barnstaple, Devon EX32 0JJ3
£280K09/210.26 mi16, Castle Mill, Landkey, Barnstaple, Devon EX32 0FA3
£196K02/210.31 mi6, Church Meadow, Landkey, Barnstaple, Devon EX32 0JB3
£345K06/230.43 miDerrie, Tanners Road, Landkey, Barnstaple, Devon EX32 0NQ3
£280K04/210.44 mi3, Bramley Meadow, Landkey, Barnstaple, Devon EX32 0PB3
£410K06/210.52 mi6, Newlands Close, Landkey, Barnstaple, Devon EX32 0NH3
£260K05/210.59 mi8, Newlands, Landkey, Barnstaple, Devon EX32 0NJ3
£325K05/230.97 mi39, Oak Tree Drive, Barnstaple, Devon EX32 0HE3
£265K12/200.97 mi26, Oak Tree Drive, Barnstaple, Devon EX32 0HE3

Local Rents

52 rents from £550/mo to £1.5K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£1,30004/240.48 miHarford, Landkey3
£1,30004/240.48 miHarford, Landkey3
£1,00004/241 miOak Tree Drive, Barnstaple3
£69503/241.03 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£60004/241.2 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£72503/241.35 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£80002/241.43 mi-1
£80001/241.56 mi-1
£85003/251.56 mi-1
£1,40002/251.6 mi-3
£1,40002/251.6 mi-3
£1,50004/241.66 miGoodleigh, Barnstaple4
£80011/241.66 mi-3
£1,25009/231.72 mi-2
£1,15003/251.72 mi-2
£92503/241.77 miChichester Close2
£97506/241.77 mi-3
£97506/241.77 mi-3
£55004/241.79 miClarence Place, South Street, Barnstaple1
£62512/241.8 miSouth Street, Newport, Barnstaple, EX321
£65004/241.8 miLynwood House, Barnstaple, EX321
£65004/241.8 mi-1
£65004/241.8 mi-1
£62507/241.8 mi-1
£62504/241.85 miNewport Road, Barnstaple, Devon2
£80003/241.86 miLundy Close, Barnstaple, EX322
£82512/231.89 mi-2
£85012/241.89 mi-2
£87503/241.9 miWalton Way, Barnstaple2
£80004/241.95 miBishops Tawton, Barnstaple2
£87503/241.96 miNorthcliffe, Bishops Tawton, Barnstaple3
£65003/241.97 miGloster Road, Barnstaple1
£92503/242.04 miMartin Road, Barnstaple, Devon, EX323
£1,40004/242.07 miNewport Road, Barnstaple, Devon, EX324
£99503/242.12 miSilverwood Heights, Barnstaple, Devon, EX324
£55004/242.12 miRock Park Terrace, Barnstaple1
£80003/242.13 miAshleigh Road, Barnstaple, EX322
£1,30011/242.22 mi-4
£78505/242.22 miLong Meadow Drive2
£85003/242.22 miLong Meadow Drive, Barnstaple2
£1,10011/232.25 mi-2
£67504/242.27 miDoone House, Barnstaple, Devon2
£72504/242.28 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/242.28 miLong Meadow Drive, Barnstaple, Devon, EX322
£80004/242.31 mi-2
£85002/242.34 mi-1
£90003/242.34 mi-1
£90009/242.34 mi-1
£80002/252.34 mi-1
£85009/232.35 mi-2
£80001/242.35 mi-2
£95011/232.35 mi-2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

2.55 miles away

Nearest school

0.20 miles away

Nearest train station

2.55 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £350,000

October 16, 2024

Listed for £360,000

July 18, 2024

Floor Plans

Description

  • A CHARMING DETACHED BUNGALOW +
  • 3 Bedrooms +
  • Open-plan Kitchen / Diner with sliding doors opening onto the sunny rear garden +
  • Convenient Utility Room +
  • Spacious, triple aspect Lounge enjoying views towards Codden Hill & surrounding countryside +
  • Tranquil rear garden with side gated access +
  • Driveway parking for 2-3 vehicles +
  • Nestled in a private & quiet cul-de-sac location +

Situated in the serene village of Landkey is this charming 3 double Bedroom detached bungalow nestled in a private and quiet cul-de-sac location. The property boasts driveway parking for 2-3 vehicles, a gravelled front garden with potential for additional parking and a secluded private, sunny rear garden.

Upon entering, you are greeted by a light and inviting Entrance Hall that seamlessly leads to a bright, open-plan Kitchen / Diner. The Kitchen is well-appointed with modern fixtures and ample storage and features sliding doors that open onto the sunny rear garden, allowing natural light to flood the room. Adjacent to the Kitchen is a convenient Utility Room with a worktop and plumbing for white goods. The large, spacious, triple aspect Lounge offers views towards Codden Hill and the surrounding countryside, creating a perfect space for relaxation and entertaining.

The Main Bedroom is dual aspect, providing views of the front garden and distant countryside. The second Bedroom is generously sized, perfect for guests or family members, while the third Bedroom, also a well-proportioned double, overlooks the sunny rear garden, ensuring plenty of natural light.

The rear garden is a tranquil retreat, ideal for outdoor living and entertaining. It features a well-maintained lawn, a patio pathway, raised bedding planters, mature shrubs and a charming rose garden. Additionally, there is a garden shed for extra storage. The fenced boundary ensures privacy and the garden benefits from side gated access, outside power and a water tap, making it both functional and enjoyable.

This delightful bungalow offers a peaceful and comfortable lifestyle in a picturesque village setting. The village of Landkey, itself, provides a friendly community atmosphere with local amenities including a pub and primary school, all within walking distance. The surrounding countryside offers ample opportunities for outdoor activities, with scenic walks and trails right on your doorstep.

This property is perfect for those seeking a tranquil village lifestyle with easy access to the amenities and attractions of nearby Barnstaple.

The popular village of Landkey offers usual village amenities which include an Ofsted outstanding primary school, tea rooms and a village inn with restaurant and skittle alley. An extensive village millennium greenspace with stream provides for family adventures and safe off-road dog walking. For running and cycling, there are a network of paths linking to the Tarka Trail and a local nature reserve at Harford Woods.

Landkey has an active community with a village hall hosting a variety of clubs and activities for all ages, a horticultural society and allotments and a football club. It is located within the catchment area for a choice of state secondary schools and on a bus collection route for two leading independent prep and senior schools. A regular bus service runs from the village to and from Barnstaple Town Centre.

Situated in the valley of the River Taw, Barnstaple is surrounded by beautiful countryside and some of the areas best beaches. As the commercial centre of the region, the town centre offers a variety of banking, schooling and recreational facilities including a theatre, cinema, leisure centre and restaurants. The vibrant town combines modern shopping amenities with a bustling market atmosphere.

The popular sandy beaches of Woolacombe, Croyde and Saunton are within easy reach and the A361 / North Devon Link Road provides convenient access to the M5 motorway network and beyond.

Directions
Directions to this property can be easily found by using What3words:

From our Office on Boutport Street, proceed up Bear Street and turn right at the traffic lights onto Alexandra Road. At the roundabout, take the first exit onto Barbican Road. At the next roundabout, take the first exit onto Victoria Road. Proceed through another 2 roundabouts and upon reaching Portmore roundabout, take the first exit onto the A361. At the next roundabout, take the second exit onto Blakes Hill Road and proceed to the top of the village. Passing the village sign post on your left hand side, take the next immediate left hand turning. Continue for a short distance and turn right into Denes Close on your right hand side. Proceed towards the end of the road to where the bungalow will be found immediately in front of you.

Agent Details

Bond Oxborough Phillips, Barnstaple

01271 371234

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪