4 Bed Detached House, Single Let, Barnstaple, EX32 0QP, £495,000

11 The Orchards, Landkey, Barnstaple, EX32 0QP - 1 views - 8 months ago

BTL
97 m²
+14 photos

ValuationOvervalued

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

 

 

Square Metres

97.19 m²
Price/m²£5.1K/m²

Value Estimate

£301,494

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£38,200

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£550 - £1,500

Rent Estimate

£569

Running Costs/mo

£1,681

Cashflow/mo

£-1,112

Cashflow/yr

£-13,340

Gross Yield

1%

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 
£400K12/200.03 mi23, The Orchards, Landkey, Barnstaple, Devon EX32 0QP4
£370K03/210.03 mi11, The Orchards, Landkey, Barnstaple, Devon EX32 0QP4
£410K11/220.14 mi19, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD4
£366K11/200.14 mi27, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD4
£435K03/230.14 mi17, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD4
£440K03/210.23 mi31, Cherry Tree Drive, Landkey, Barnstaple, Devon EX32 0UE4
£380K11/220.23 mi53, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ4
£365K09/210.24 miShalom, Newland, Landkey, Barnstaple, Devon EX32 0ND4
£240K03/210.26 mi1, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ4
£400K11/200.28 mi19, Loring Fields, Landkey, Barnstaple, Devon EX32 0FB4
£325K09/220.29 miBlue Bayou, Manor Road, Landkey, Barnstaple, Devon EX32 0JJ4
£620K09/210.39 miLongacre, 5, Valley View, Landkey, Barnstaple, Devon EX32 0LW4
£330K01/210.42 mi1, Harford Cottages, Landkey, Barnstaple, Devon EX32 0LG4
£315K11/201.11 mi8, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£295K04/211.13 mi18, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£380K12/201.13 mi83, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£332K11/201.13 mi77, Westacott Meadow, Barnstaple, Devon EX32 8QX4
£395K10/221.27 mi9, Swallow Close, Barnstaple, Devon EX32 8QP4
£275K01/211.28 mi38, Hawthorn Road, Barnstaple, Devon EX32 8PU4
£350K03/211.33 mi5, Sandford Close, Barnstaple, Devon EX32 0HJ4
£435K02/231.35 mi3, Heron Court, Barnstaple, Devon EX32 8QR4
£295K06/211.35 mi25, Foxglove Close, Barnstaple, Devon EX32 8RE4
£396K01/211.52 mi14, Liverton Drive, Swimbridge, Barnstaple, Devon EX32 0FE4
£325K01/211.53 mi20, Fairacre Avenue, Barnstaple, Devon EX32 9DF4
£425K11/221.53 mi42, Fairacre Avenue, Barnstaple, Devon EX32 9DF4
£365K03/211.57 mi13, Fallow Fields, Barnstaple, Devon EX32 9PG4
£307K01/211.58 mi13, Coppice Gate, Barnstaple, Devon EX32 9PD4
£329.9K11/201.58 mi19, Coppice Gate, Barnstaple, Devon EX32 9PD4
£535K06/211.62 mi5, Woodford Gardens, Barnstaple, Devon EX32 9LT4
£540K05/211.62 mi16, Woodford Gardens, Barnstaple, Devon EX32 9LT4
£250K01/211.68 mi2, Barton Drive, Barnstaple, Devon EX32 7SH4
£360K02/231.68 mi6, Marist Way, Barnstaple, Devon EX32 9DW4
£369K01/211.68 mi3, Marist Way, Barnstaple, Devon EX32 9DW4
£302.5K02/211.68 mi5, Marist Way, Barnstaple, Devon EX32 9DW4
£459K10/221.69 mi15, Old School Road, Barnstaple, Devon EX32 9DP4
£340K12/201.72 miLandscott, Dennington Hill, Swimbridge, Barnstaple, Devon EX32 0PX4
£317.5K07/211.73 mi9, Convent Close, Barnstaple, Devon EX32 9DR4
£360K06/231.74 mi5, The Orchards, Swimbridge, Barnstaple, Devon EX32 0PZ4
£322.5K02/211.78 mi16, Highbury Road, Barnstaple, Devon EX32 9BY4
£470K11/201.81 mi10, Hillcrest Road, Barnstaple, Devon EX32 9EP4
£580K10/221.83 mi18, Burlington Grove, Barnstaple, Devon EX32 9BU4
£700K11/211.86 miHedgerose, Northleigh Hill, Goodleigh, Barnstaple, Devon EX32 7NP4
£412.5K07/211.93 mi3, Cot Manor, Barnstaple, Devon EX32 9BL4
£655K11/201.94 miWhite Stacks, Bydown, Swimbridge, Barnstaple, Devon EX32 0QB4
£399.5K12/201.95 mi2, Chichester Crescent, Barnstaple, Devon EX32 9JH4
£205K05/211.96 mi51, Newport Road, Barnstaple, Devon EX32 9LQ4
£305K02/211.97 mi2, Elgar Close, Barnstaple, Devon EX32 8AA4
£300K05/211.99 mi2, South Street, Barnstaple, Devon EX32 9DT4
£400K10/202 miLapwings, Mount Pleasant, Bishops Tawton, Barnstaple, Devon EX32 0BS4
£620K12/202 miHighdown, Mount Pleasant, Bishops Tawton, Barnstaple, Devon EX32 0BS4

Local Rents

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

RentDateDistanceAddressBeds 
£1,30004/240.42 miHarford, Landkey3
£1,30004/240.42 miHarford, Landkey3
£1,00004/241.21 miOak Tree Drive, Barnstaple3
£69503/241.24 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£60004/241.41 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£1,25009/231.52 mi-2
£1,15003/251.52 mi-2
£72503/241.56 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£97506/241.57 mi-3
£97506/241.57 mi-3
£80002/241.62 mi-1
£80001/241.75 mi-1
£85003/251.75 mi-1
£1,50004/241.78 miGoodleigh, Barnstaple4
£1,40002/251.79 mi-3
£1,40002/251.79 mi-3
£80011/241.87 mi-3
£92503/241.95 miChichester Close2
£55004/241.98 miClarence Place, South Street, Barnstaple1
£65004/241.98 mi-1
£65004/241.98 mi-1
£65004/241.98 miLynwood House, Barnstaple, EX321
£62507/241.99 mi-1
£62512/241.99 miSouth Street, Newport, Barnstaple, EX321
£80004/242.04 miBishops Tawton, Barnstaple2
£62504/242.05 miNewport Road, Barnstaple, Devon2
£87503/242.05 miNorthcliffe, Bishops Tawton, Barnstaple3
£80003/242.07 miLundy Close, Barnstaple, EX322
£82512/232.08 mi-2
£85012/242.08 mi-2
£87503/242.11 miWalton Way, Barnstaple2
£65003/242.17 miGloster Road, Barnstaple1
£92503/242.25 miMartin Road, Barnstaple, Devon, EX323
£1,40004/242.27 miNewport Road, Barnstaple, Devon, EX324
£55004/242.32 miRock Park Terrace, Barnstaple1
£99503/242.33 miSilverwood Heights, Barnstaple, Devon, EX324
£80003/242.34 miAshleigh Road, Barnstaple, EX322
£1,30011/242.42 mi-4
£78505/242.43 miLong Meadow Drive2
£85003/242.43 miLong Meadow Drive, Barnstaple2
£1,10011/232.45 mi-2
£67504/242.48 miDoone House, Barnstaple, Devon2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

2.76 miles away

Nearest school

0.30 miles away

Nearest train station

2.74 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £495,000

August 5, 2024

Floor Plans

Description

  • POPULAR AND SOUGHT AFTER VILLAGE LOCATION +
  • LOW MAINTENANCE BRICK BUILT PROPERTY +
  • GAS CENTRAL HEATING +
  • PVCU DOUBLE GLAZED WINDOWS +
  • DRIVEWAY PARKING +
  • EN-SUITE SHOWER ROOM TO MASTER BEDROOM +

A superbly presented 4 bedroom detached home built by a well respected developer in a sought after North Devon village.

Situated within the heart of this popular and sought after village, 11 The Orchards is located within this desirable cul-de-sac position. The property is a modern brick-built family home constructed by the reputable Pearce Homes and offers modernised and very well presented accommodation which has been well maintained and tastefully decorated throughout by the current vendor.

The accommodation briefly comprises: entrance hall, cloakroom with 2 piece suite to include low level WC and hand wash basin, sitting room with feature wall mounted electric fire and archway leading through to the dining room with large pvcu double glazed sliding patio doors leading into the lovely conservatory. To the rear is a generous kitchen/breakfast room with an excellent range of modern wall and base units with ample working surfaces, inset 4 ring electric hob, electric double oven below, integrated dishwasher, 1 & 1/2 sink bowl, further space for appliance, wall mounted boiler, and a door through to the converted garage which is now a large utility space.

On the first floor is the landing with loft hatch and ladder to roof space and off the landing is the master bedroom with views over rooftops and a separate en-suite shower room with 3-piece white suite with shower cubicle, pedestal wash basin and low-level w.c. Bedroom 2 and 3 are both of a double size with bedroom 2 having splendid views out over towards open countryside. The remaining 4th bedroom is of a good size single size. The family bathroom has a modern 3-piece suite of bath with shower over, pedestal wash basin and low-level w.c.

Entrance Hall -

Sitting Room - 3.23m x 2.64m (10'7" x 8'7") -

Dining Room - 3.23m x 2.64m (10'7" x 8'7") -

Kitchen/Breakfast Room - 4.99 x 3.02 max (16'4" x 9'10" max) -

Conservatory - 3.14 x 2.50 (10'3" x 8'2") -

Utility Room - 4.78 x 2.40 (15'8" x 7'10") -

First Floor Landing -

Bedroom 1 - 3.61 x 3.19 (11'10" x 10'5") -

En-Suite -

Bedroom 2 - 3.20m x 3.20m (10'5" x 10'5") -

Bedroom 3 - 4.15 x 2.60 (13'7" x 8'6") -

Bedroom 4 - 2.67 x 2.41 (8'9" x 7'10") -

Bathroom - 1.99 x 1.92 (6'6" x 6'3") -

Outside the property is approached over the driveway offering ample parking and side pedestrian access takes you to the rear garden that is mainly laid to lawn, being fully enclosed and offering a good degree of privacy and seclusion and a timber shed. There is a paved patio area ideal for al-fresco dining.

The Orchards is a cul-de-sac of similar style properties, within the village of Landkey and the property would ideally suit those purchasers seeking a quality, well designed home within the heart of a popular village which offers an excellent range of amenities including local school, shops, popular pubs and of course there is easy access to the town centre of Barnstaple with its further range of both local and national high street shops, banks and leisure facilities. The North Devon Link Road is also close at hand providing a fast route to the M5 Motorway and Network beyond.

Agent Details

Phillips, Smith & Dunn, Barnstaple

020 3870 5461

Next Steps?

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