4 Bed Terraced House, Single Let, Barnstaple, EX32 0JG, £350,000

3 THE BANK, Blakeshill Road, Landkey, Barnstaple, EX32 0JG - 8 months ago

BTL
~100 m²
+14 photos

ValuationOvervalued

Sold Prices£205K - £700K
Sold Prices/m²£1.8K/m² - £6.1K/m²

 

 

Square Metres

~100 m²
Price/m²£3.5K/m²

Value Estimate

£307,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Rent Range

£550 - £1,500

Rent Estimate

£581

Running Costs/mo

£1,230

Cashflow/mo

£-649

Cashflow/yr

£-7,787

Gross Yield

2%

Local Sold Prices

50 sold prices from £205K to £700K, average is £367.5K. £1.8K/m² to £6.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£400K12/200.08 mi23, The Orchards, Landkey, Barnstaple, Devon EX32 0QP4
£370K03/210.08 mi11, The Orchards, Landkey, Barnstaple, Devon EX32 0QP4
£366K11/200.1 mi27, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD4
£435K03/230.1 mi17, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD4
£410K11/220.1 mi19, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD4
£380K11/220.14 mi53, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ4
£240K03/210.18 mi1, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ4
£440K03/210.18 mi31, Cherry Tree Drive, Landkey, Barnstaple, Devon EX32 0UE4
£325K09/220.19 miBlue Bayou, Manor Road, Landkey, Barnstaple, Devon EX32 0JJ4
£400K11/200.27 mi19, Loring Fields, Landkey, Barnstaple, Devon EX32 0FB4
£365K09/210.28 miShalom, Newland, Landkey, Barnstaple, Devon EX32 0ND4
£620K09/210.43 miLongacre, 5, Valley View, Landkey, Barnstaple, Devon EX32 0LW4
£330K01/210.52 mi1, Harford Cottages, Landkey, Barnstaple, Devon EX32 0LG4
£315K11/201.08 mi8, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£295K04/211.1 mi18, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£380K12/201.1 mi83, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£332K11/201.1 mi77, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£275K01/211.25 mi38, Hawthorn Road, Barnstaple, Devon EX32 8PU4
£350K03/211.26 mi5, Sandford Close, Barnstaple, Devon EX32 0HJ4
£395K10/221.26 mi9, Swallow Close, Barnstaple, Devon EX32 8QP4
£295K06/211.33 mi25, Foxglove Close, Barnstaple, Devon EX32 8RE4
£435K02/231.34 mi3, Heron Court, Barnstaple, Devon EX32 8QR4
£325K01/211.47 mi20, Fairacre Avenue, Barnstaple, Devon EX32 9DF4
£425K11/221.47 mi42, Fairacre Avenue, Barnstaple, Devon EX32 9DF4
£365K03/211.5 mi13, Fallow Fields, Barnstaple, Devon EX32 9PG4
£307K01/211.52 mi13, Coppice Gate, Barnstaple, Devon EX32 9PD4
£329.9K11/201.52 mi19, Coppice Gate, Barnstaple, Devon EX32 9PD4
£535K06/211.56 mi5, Woodford Gardens, Barnstaple, Devon EX32 9LT4
£540K05/211.56 mi16, Woodford Gardens, Barnstaple, Devon EX32 9LT4
£396K01/211.57 mi14, Liverton Drive, Swimbridge, Barnstaple, Devon EX32 0FE4
£360K02/231.6 mi6, Marist Way, Barnstaple, Devon EX32 9DW4
£369K01/211.6 mi3, Marist Way, Barnstaple, Devon EX32 9DW4
£302.5K02/211.6 mi5, Marist Way, Barnstaple, Devon EX32 9DW4
£459K10/221.61 mi15, Old School Road, Barnstaple, Devon EX32 9DP4
£250K01/211.64 mi2, Barton Drive, Barnstaple, Devon EX32 7SH4
£317.5K07/211.66 mi9, Convent Close, Barnstaple, Devon EX32 9DR4
£322.5K02/211.71 mi16, Highbury Road, Barnstaple, Devon EX32 9BY4
£470K11/201.74 mi10, Hillcrest Road, Barnstaple, Devon EX32 9EP4
£580K10/221.76 mi18, Burlington Grove, Barnstaple, Devon EX32 9BU4
£340K12/201.77 miLandscott, Dennington Hill, Swimbridge, Barnstaple, Devon EX32 0PX4
£360K06/231.79 mi5, The Orchards, Swimbridge, Barnstaple, Devon EX32 0PZ4
£412.5K07/211.87 mi3, Cot Manor, Barnstaple, Devon EX32 9BL4
£399.5K12/201.88 mi2, Chichester Crescent, Barnstaple, Devon EX32 9JH4
£205K05/211.9 mi51, Newport Road, Barnstaple, Devon EX32 9LQ4
£400K10/201.9 miLapwings, Mount Pleasant, Bishops Tawton, Barnstaple, Devon EX32 0BS4
£620K12/201.9 miHighdown, Mount Pleasant, Bishops Tawton, Barnstaple, Devon EX32 0BS4
£300K05/211.92 mi2, South Street, Barnstaple, Devon EX32 9DT4
£700K11/211.93 miHedgerose, Northleigh Hill, Goodleigh, Barnstaple, Devon EX32 7NP4
£632.5K03/211.94 miOatlands, Chestwood, Bishops Tawton, Barnstaple, Devon EX32 0AY4
£305K02/211.94 mi2, Elgar Close, Barnstaple, Devon EX32 8AA4

Local Rents

48 rents from £550/mo to £1.5K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£1,30004/240.52 miHarford, Landkey3
£1,30004/240.52 miHarford, Landkey3
£1,00004/241.19 miOak Tree Drive, Barnstaple3
£69503/241.21 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£60004/241.37 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£72503/241.52 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£80002/241.57 mi-1
£1,25009/231.58 mi-2
£1,15003/251.58 mi-2
£97506/241.62 mi-3
£97506/241.62 mi-3
£80001/241.76 mi-1
£80004/251.76 mi-1
£1,40002/251.79 mi-3
£1,40003/251.79 mi-3
£80011/241.83 mi-3
£1,50004/241.83 miGoodleigh, Barnstaple4
£92503/241.87 miChichester Close2
£65005/241.91 mi-1
£65005/241.91 mi-1
£65004/241.91 miLynwood House, Barnstaple, EX321
£55004/241.91 miClarence Place, South Street, Barnstaple1
£62507/241.91 mi-1
£62512/241.92 miSouth Street, Newport, Barnstaple, EX321
£80004/241.95 miBishops Tawton, Barnstaple2
£87503/241.95 miNorthcliffe, Bishops Tawton, Barnstaple3
£62504/241.98 miNewport Road, Barnstaple, Devon2
£82512/232.02 mi-2
£85012/242.02 mi-2
£80003/242.04 miLundy Close, Barnstaple, EX322
£87503/242.07 miWalton Way, Barnstaple2
£65003/242.11 miGloster Road, Barnstaple1
£1,40004/242.21 miNewport Road, Barnstaple, Devon, EX324
£92503/242.22 miMartin Road, Barnstaple, Devon, EX323
£55004/242.26 miRock Park Terrace, Barnstaple1
£80003/242.29 miAshleigh Road, Barnstaple, EX322
£99503/242.3 miSilverwood Heights, Barnstaple, Devon, EX324
£1,30011/242.38 mi-4
£78505/242.4 miLong Meadow Drive2
£1,10011/232.4 mi-2
£85003/242.4 miLong Meadow Drive, Barnstaple2
£67504/242.44 miDoone House, Barnstaple, Devon2
£72504/242.46 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/242.46 miLong Meadow Drive, Barnstaple, Devon, EX322
£85002/242.48 mi-1
£90003/242.48 mi-1
£90009/242.48 mi-1
£80003/252.48 mi-1

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

2.70 miles away

Nearest school

0.20 miles away

Nearest train station

2.67 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

January 23, 2025

Price changed to £360,000

September 26, 2024

Listed for £375,000

July 31, 2024

Floor Plans

Description

  • SITUATED IN THE HIGHLY SOUGHT-AFTER AREA OF LANDKEY +
  • SOUTH FACING REAR GARDEN +
  • 2 RECEPTION ROOMS +
  • FOUR DOUBLE BEDROOMS +
  • MODERN KITCHEN +
  • GAS FIRED CENTRAL HEATING +
  • SHORT DRIVE TO BARNSTAPLE AMENITIES +
  • VIEWING RECOMMENDED +

Located in the popular village of Landkey, this charming four-bedroom terraced home offers a blend of traditional character and modern comfort.

Upon entering the property, you step into a welcoming porch area that leads directly into the spacious living room. Here, provides a cosy and inviting atmosphere, perfect for relaxing with family and friends. The ground floor also features a versatile fourth bedroom, which can easily be adapted to serve as an additional reception room, making it ideal for a home office, playroom, or guest room.

The dining room is adjacent to the kitchen and offers a perfect space for family meals and entertaining, with useful under stairs storage and larder. The kitchen itself is well-appointed with fitted units and work surfaces, providing plenty of storage with the added benefit of a separate hot water tap under the sink. The ground floor is completed by a 4-piece suite family bathroom.

Ascending to the first floor, you will find three generously sized double bedrooms, each offering space for furnishings and personal touches. Additionally, there is a WC on this level, fitted with a WC and sink, adding extra convenience for the household.

Outside to the rear, the property boasts a sizeable garden that is divided into two parts. The garden, predominantly laid to lawn, offers stunning countryside views and provides a wonderful opportunity for any keen gardener to create their own outdoor haven. There is a substantial storage shed/potential workshop and a greenhouse. With its ample space and potential, the garden is perfect for outdoor activities, gardening projects, or simply enjoying the tranquility of the surrounding scenery.

On-street parking is available.
Leaving Barnstaple on the A361 North Devon Link Road, within a short distance bear right signed Landkey and Swimbridge. Continue for approximately half a mile and the property can be found on your right hand side clearly displaying a Webbers for sale board.

Agent Details

Webbers Property Services, Barnstaple

01271 443477

Next Steps?

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