3 Bed Terraced House, Single Let, Barnstaple, EX32 9AT, £200,000

2 PROSPECT COTTAGES, NEWPORT, BARNSTAPLE, EX32 9AT - 2 views - 8 months ago

BTL
81 m²
+10 photos

ValuationOvervalued

Sold Prices£125K - £435K
Sold Prices/m²£1.5K/m² - £4.6K/m²

 

 

Square Metres

81 m²
Price/m²£2.5K/m²

Value Estimate

£192,240

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£730 - £2,500

Rent Estimate

£791

Running Costs/mo

£803

Cashflow/mo

£-12

Cashflow/yr

£-146

Gross Yield

5%

Local Sold Prices

50 sold prices from £125K to £435K, average is £215.5K. £1.5K/m² to £4.6K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£205K07/220.01 mi23, Church Grove, Barnstaple, Devon EX32 9DJ3
£125K02/230.02 mi28, Church Grove, Barnstaple, Devon EX32 9DJ3
£220K06/230.02 mi9, Church Grove, Barnstaple, Devon EX32 9DJ3
£196K01/230.08 mi3, Cyprus Terrace, Barnstaple, Devon EX32 9JF3
£260K04/230.08 mi47, Cyprus Terrace, Barnstaple, Devon EX32 9JF3
£335K09/210.08 mi14, South Street, Barnstaple, Devon EX32 9DT3
£278K05/210.08 mi8, South Street, Barnstaple, Devon EX32 9DT3
£290K11/220.09 mi67, Victoria Street, Barnstaple, Devon EX32 9JE3
£185K08/210.1 mi39, Orchard Road, Barnstaple, Devon EX32 9JQ3
£178K12/200.1 mi5, Orchard Road, Barnstaple, Devon EX32 9JQ3
£180K02/210.1 mi27, Orchard Road, Barnstaple, Devon EX32 9JQ3
£175K07/210.1 mi31, Orchard Road, Barnstaple, Devon EX32 9JQ3
£210K03/230.1 mi37, Orchard Road, Barnstaple, Devon EX32 9JQ3
£174.6K11/220.11 mi20, Cyprus Terrace, Barnstaple, Devon EX32 9JG3
£205K12/220.12 mi24, Portland Street, Barnstaple, Devon EX32 9JL3
£194K09/210.13 mi40, Portland Street, Barnstaple, Devon EX32 9JL3
£185K04/210.14 mi44, Victoria Street, Barnstaple, Devon EX32 9JD3
£315K02/210.14 mi45, Clinton Road, Barnstaple, Devon EX32 9EA3
£330K01/230.15 mi38, Clinton Road, Barnstaple, Devon EX32 9EA3
£199.9K11/200.16 mi10, Hughes Avenue, Barnstaple, Devon EX32 9LN3
£158.5K02/210.16 mi9, Gloster Road, Barnstaple, Devon EX32 9JS3
£186K04/210.16 mi11, Gloster Road, Barnstaple, Devon EX32 9JS3
£180K06/230.2 mi4, Brookdale Terrace, Barnstaple, Devon EX32 9HZ3
£227K02/230.23 mi19, Gloster Road, Barnstaple, Devon EX32 9JR3
£214K05/230.25 mi29, Broadfield Road, Barnstaple, Devon EX32 9JW3
£225K06/230.25 mi22, Broadfield Road, Barnstaple, Devon EX32 9JW3
£172K03/210.27 mi10, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£184K12/200.27 mi9, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£212K07/230.27 mi12, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£150K05/210.28 mi7, Victoria Street, Barnstaple, Devon EX32 9HT3
£185K07/210.3 mi2, Victoria Close, Barnstaple, Devon EX32 9HX3
£177K02/230.3 mi1, Victoria Close, Barnstaple, Devon EX32 9HX3
£435K03/230.31 mi5, Villa Close, Barnstaple, Devon EX32 9EX3
£217K04/230.34 mi38, St Johns Lane, Barnstaple, Devon EX32 9DD3
£200K11/210.34 mi46, St Johns Lane, Barnstaple, Devon EX32 9DD3
£270K04/210.36 mi6, Merrylees Drive, Barnstaple, Devon EX32 9DQ3
£427.5K03/210.37 mi32, Chichester Road, Barnstaple, Devon EX32 9EH3
£315K08/210.37 miCrestlyn, Broadmead Bungalows, Barnstaple, Devon EX32 9DB3
£310K02/210.37 mi15, Hayne Park, Barnstaple, Devon EX32 8DT3
£260K11/220.4 mi11, Barbican Road, Barnstaple, Devon EX32 9HW3
£315K04/210.4 miGlenavon, Barbican Lane, Barnstaple, Devon EX32 8LB3
£420K08/230.4 mi9, Willow Tree Road, Barnstaple, Devon EX32 9ET3
£207K01/210.41 mi32, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£243.5K11/200.41 mi33, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£250K04/210.41 mi39, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£310K10/220.42 mi11, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£263K07/230.42 mi43, Jordan Close, Barnstaple, Devon EX32 9DN3
£330K07/230.43 mi9, Highfield Close, Barnstaple, Devon EX32 8LG3
£287.5K07/210.43 mi1, Style Close, Barnstaple, Devon EX32 9EL3
£245K11/220.44 mi9, Lauderdale, Barnstaple, Devon EX32 8DU3

Local Rents

13 rents from £730/mo to £2.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£80011/240.53 mi-3
£1,00010/240.66 mi-3
£73005/240.72 miBoutport Street, Barnstaple, Devon3
£92503/240.72 miMartin Road, Barnstaple, Devon, EX323
£78505/240.76 mi-3
£78505/240.76 mi-3
£1,20009/240.77 mi-3
£2,50001/250.8 mi-3
£2,50002/250.8 mi-3
£1,50002/250.8 mi-3
£95004/241.02 miGranville Avenue, Barnstaple, Devon, EX323
£1,35005/241.12 miWestfield Avenue, Barnstaple, Devon3
£1,00004/241.15 miOak Tree Drive, Barnstaple3

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

0.78 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £200,000

October 15, 2024

Listed for £205,000

August 27, 2024

Floor Plans

Description

  • CHARACTERFUL COTTAGE +
  • KITCHEN WITH STABLE DOOR TO THE COURTYARD GARDEN +
  • TWO RECEPTION ROOMS +
  • THREE BEDROOMS +
  • LOW MAINTENANCE COURTYARD GARDEN +
  • HIGHLY SOUGHT AFTER LOCATION +
  • WALKING DISTANCE TO AMENITIES AND FACILITIES +
  • NO ONWARD SALES CHAIN +

A characterful three bedroom end-terrace house, situated in a tucked away and convenient location with a courtyard garden. Prospect Cottages is the perfect opportunity to add your own stamp and is available with no onward sales chain.

Being situated in the convenient location of Newport this is a spacious 3-bedroom terraced cottage with the benefit of an enclosed, sunny aspect rear courtyard garden and gas fired central heating. The property briefly comprises entrance hallway, a light kitchen with stable door to the garden, spacious dining room with separate living room. On the first floor is a large landing giving access to the 3 bedrooms and bathroom. Outside, to the rear is a fully enclosed low maintenance courtyard.

Overall a truly fantastic investment or first time purchase.

Location - Newport - Prospect Cottages, Newport is a sought-after location and nestled within walking distance to Newport's excellent local amenities. Newport is most conveniently situated for Barnstaple town centre. Barnstaple town centre is within easy driving distance or a short walk. Situated in the valley of the River Taw, Barnstaple is surrounded by beautiful countryside and has a variety of great shops, supermarkets, restaurants, schools and pubs. As well as those all important recreation facilities including a leisure centre, cinema, a bustling market and banking facilities. The A361 North Devon Link Road provides convenient access to the M5 Motorway and further sandy beaches such as Saunton, Woolacombe and Croyde are within easy reach.

Entrance Hallway - A welcoming entrance hallway with stairs rising to first floor, useful under stairs storage, radiator, laminate flooring.

Living Room - 4.52m x 3.96m (14'10 x 13'0 ) - A spacious and light living room with UPVC double glazed window to front elevation. Feature fireplace making a lovely focal point to the room, two radiators, laminate flooring.

Dining Room - 3.05m x 2.79m (10'0 x 9'02 ) - UPVC double glazed window to rear elevation overlooking the courtyard, fitted display cabinet with useful cupboard and housing the gas fired boiler, radiator, laminate flooring.

Kitchen - 3.51m x 1.83m (11'06 x 6'0 ) - A fitted kitchen with UPVC double glazed window to rear elevation overlooking the courtyard. Fitted one and a half bowl sink set into work surface with cupboard space below. Further matching wall cabinets and base units, integrated single oven with four ring gas hob, as well as space and plumbing for washing machine and space for small under counter fridge. Radiator, tiled flooring. Stable door giving access to the courtyard.

Half Landing Cloakroom - 1.32m x 0.74m (4'04 x 2'05 ) - UPVC double glazed window to side elevation, WC, wash hand basin. Half tiled surround, tiled flooring.

First Floor Landing - A spacious landing with access to the loft space, cupboard with linen shelving and radiator, fitted carpet.

Bedroom One - 3.20m x 3.12m (10'06 x 10'03 ) - UPVC double glazed window to front elevation with views towards Barnstaple, and beyond. Radiator, fitted carpet.

Bedroom Two - 2.69m x 2.08m (8'10 x 6'10 ) - UPVC double glazed window to front elevation, radiator, fitted carpet.

Bathroom - 1.73m x 1.37m (5'08 x 4'06 ) - UPVC double glazed window to rear elevation. Panelled bath with shower over and tiled surround, pedestal wash hand basin. Heated towel rail, laminate flooring.

Outside - To the front of the property is a small paved area, whilst to the rear is a fully enclosed courtyard garden, a perfect space for potted plants and a table and chairs.

Note - For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. Some photographs may have been taken using a wide angle lens. We have not carried out a detailed survey, nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. If there are important matters which are likely to affect your decision to buy, please contact us before viewing the property.

Agent Details

Chequers, Barnstaple

020 3870 5056

Next Steps?

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