3 Bed Detached House, Single Let, Bude, EX23 9PL, £595,000

Eastcott, Cornwall, EX23 9PL - 9 months ago

BTL
~217 m²
+15 photos

ValuationUndervalued

Sold Prices£189K - £495K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~216.50 m²
Price/m²£2.7K/m²

Value Estimate

£623,280
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£50,700

Total Cash In

£199,450

 

 

Cash Out

 

Rent Range

£1,100 - £1,100

Rent Estimate

£1,100

Running Costs/mo

£2,099

Cashflow/mo

£-999

Cashflow/yr

£-11,992

Gross Yield

2%

Local Sold Prices

12 sold prices from £189K to £495K, average is £410K. £1.9K/m² to £3.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£245.5K02/211.66 mi8, Furze Gardens, Morwenstow, Bude, Cornwall EX23 9SX3
£350K10/221.66 mi1, West Beckon Close, Shop, Bude, Cornwall EX23 9SF3
£335K11/212.48 mi6, Whitecroft Way, Kilkhampton, Bude, Cornwall EX23 9RD3
£427.5K03/232.52 mi3, Chapel Close, Woodford, Bude, Cornwall EX23 9JR3
£495K04/232.74 mi(ladywell), Underhill, Kilkhampton, Bude, Cornwall EX23 9QP3
£445K03/212.83 miOstins, West Street, Kilkhampton, Bude, Cornwall EX23 9QW3
£420K08/232.83 miWest Cottage, West Street, Kilkhampton, Bude, Cornwall EX23 9QW3
£310K04/212.88 mi6, Rosecott Park, Kilkhampton, Bude, Cornwall EX23 9QG3
£410K06/212.95 miMeadow Side, Penstowe Road, Kilkhampton, Bude, Cornwall EX23 9QT3
£410K06/212.95 miMeadow Side, Penstowe Road, Kilkhampton, Bude, Cornwall EX23 9QT3
£455K07/212.95 miTrepolpen, Penstowe Road, Kilkhampton, Bude, Cornwall EX23 9QT3
£189K11/202.99 mi12, Priestacott Park, Kilkhampton, Bude, Cornwall EX23 9TH3

Local Rents

1 rents from £1.1K/mo to £1.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10003/241.28 miWelcombe, Devon3

Local Area Statistics

Population in EX23

15,617

Town centre distance

6.19 miles away

Nearest school

1.40 miles away

Nearest train station

21.38 miles away

 

 

Rental growth (12m)

+6%

Sales demand

Buyer's market

Capital growth (5yrs)

+37%

Property History

Price changed to £595,000

October 9, 2024

Listed for £610,000

July 30, 2024

Floor Plans

Description

  • INDIVIDUAL 3 BEDROOM BARN CONVERSION +
  • WEALTH OF CHARACTER FEATURES +
  • KITCHEN/DINING ROOM WITH UTILITY AND BOOT ROOM +
  • SITTING ROOM AND GARDEN ROOM +
  • STYLISH SHOWER ROOM W/C +
  • ELECTRIC THERMOSTATICALLY CONTROLLED HEATING +
  • 2.7 ACRES OF GARDENS AND LAND +
  • TUCKED AWAY LOCATION IN QUIET COASTAL HAMLET +

With 2.7 acres of gardens and land, this beautiful, highly individual end of terrace barn conversion is full of character and enjoys a peaceful location well off the road in this popular, rural parish in the very north of Cornwall. Formerly a cowshed to the adjoining farmhouse, Lower Barn was converted with plenty of thought and to a high standard, with additional character features such as the superb fireplace in the sitting room and the design of the stunning landing, to form a study area.

The barn is very well presented with all the windows have been replaced in the last couple of years, the electrics upgraded and the shower room has recently been completely refurbished. The accommodation comprises a front porch, sitting room with beams and a wood burning stove in the fireplace, a modern kitchen/dining room with a feature range in a brick surround, practical additional space including a utility room, laundry room and a boot room, with a side garden room with easy access to, and views over, the gardens.

On the first floor there is a gorgeous, galleried landing, with a stunning exposed stone wall in the main bedroom, 2 further bedrooms and the family shower room w/c. Warmth is provided by electric thermostatically controlled heaters, in addition to the wood burner. There are solar panels included in the sale.

The large gravelled driveway offers ample off-road parking and turning. The spacious gardens are secluded and feature mature shrubs, lawn, natural fed ponds, bridges and stone walling. There is a hot tub to the other side of the garden room, where there also is a useful shed.

Planning was granted to erect an oak framed double garage (now lapsed) at the beginning of a pathway (which historically was the original route into the old hamlet of Holloborough) leading to the field. The field is open, ideal for children and pets alike although it could easily be fenced to enclose for livestock or horses if required, and has lovely views from the summerhouse towards the coast.

LOCATION
Lower Barn is located in a coastal hamlet within the parish of Morwenstow in the very north of the county.

It is in an area of outstanding natural beauty with a thriving rural community, a shop, an Academy primary school and a popular public house along with beautiful coves, rugged cliffs and wooded valleys. The hamlet of Eastcott is just off the A39, so access is good to the self-contained village of Kilkhampton which has a range of day-to-day shopping facilities, post office and regular bus routes.

Bude is five miles further on with supermarkets, the local comprehensive school and two sandy beaches. The north Devon towns of Bideford and Barnstaple are within a 45 minute drive away and from there the north Devon link road leads to the M5 motorway, Bristol and beyond.

SERVICES
Mains water and electric - private drainage via a shared septic tank

TENURE
Freehold. There is very small area of flying freehold.

Agents note
There is a right of way across the field for a neighbouring landowner. Lower Barn also has a right of way over the track therefore creating separate access to the field.

EPC - E
From Bude, proceed north on the A39 passing through Kilkhampton and after 4 miles take the left turn signposted Eastcott (not Morwenstow). Proceed into the hamlet and on reaching a green area on the left, take the left turn into a lane, and the entrance to Lower Barn is the third little drive off, just to the left of the barn adjoining the green.

Agent Details

Webbers Property Services, Bude

01288 272807

Next Steps?

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