7 Bed HMO, Barnstaple, EX32 8BN, £349,950





ValuationUndervalued
Sold Prices | £140.5K - £820K |
Sold Prices/m² | £1.2K/m² - £5.1K/m² |
| |
Square Metres | ~270.60 m² |
Price/m² | £1.3K/m² |
Value Estimate | £437,438£437,438 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £87,488£87,488 |
Stamp Duty & Legal Fees | £23,695£23,695 |
Total Cash In | £111,183£111,183 |
| |
Cash Out | |
Room Rate | £375£375 |
Gross Rent | £2,625£2,625 |
Running Costs/mo | £2,395£2,395 |
Cashflow/mo | £230£230 |
Cashflow/yr | £2,755£2,755 |
ROI | 2%2% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £140.5K to £820K, average is £320K. £1.2K/m² to £5.1K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£327.5K | 06/23 | 0.04 mi | 18, Hills View, Barnstaple, Devon EX32 8BN | - | - | 4 | Terraced House | |
£270K | 09/21 | 0.04 mi | 11, Fort Street, Barnstaple, Devon EX32 8BJ | £1,957 | 138 | 4 | Terraced House | |
£140.5K | 12/20 | 0.13 mi | 15, Pulchrass Street, Barnstaple, Devon EX32 8JS | £1,479 | 95 | 4 | Terraced House | |
£230K | 03/21 | 0.16 mi | 6, Ashleigh Road, Barnstaple, Devon EX32 8JX | - | - | 4 | Terraced House | |
£190K | 02/21 | 0.16 mi | 18, Summerland Street, Barnstaple, Devon EX32 8JH | £1,210 | 157 | 4 | Terraced House | |
£235K | 12/22 | 0.17 mi | 22, Grosvenor Street, Barnstaple, Devon EX32 7DT | £2,098 | 112 | 4 | Terraced House | |
£370K | 12/22 | 0.2 mi | Rastrick House, Barbican Road, Barnstaple, Devon EX32 9HW | £2,721 | 136 | 4 | Detached House | |
£425K | 06/21 | 0.28 mi | The Old School House, Derby Road, Barnstaple, Devon EX32 7HB | - | - | 4 | Detached House | |
£237K | 11/22 | 0.28 mi | 48, Vicarage Street, Barnstaple, Devon EX32 7BT | - | - | 4 | Terraced House | |
£225K | 09/21 | 0.39 mi | 30, Gloster Road, Barnstaple, Devon EX32 9JR | £2,641 | 85 | 4 | Terraced House | |
£195K | 03/21 | 0.39 mi | 34, Gloster Road, Barnstaple, Devon EX32 9JR | £2,508 | 78 | 4 | Terraced House | |
£367K | 06/21 | 0.41 mi | River View, 2, Grieg Drive, Barnstaple, Devon EX32 8AG | - | - | 4 | Detached House | |
£210K | 02/21 | 0.45 mi | 68, Gloster Road, Barnstaple, Devon EX32 9JS | £2,211 | 95 | 4 | Terraced House | |
£265K | 07/23 | 0.5 mi | 17, Warwick Terrace, Barnstaple, Devon EX32 7AR | - | - | 4 | Terraced House | |
£252K | 09/21 | 0.5 mi | 29, Cater Road, Barnstaple, Devon EX32 9JU | - | - | 4 | Terraced House | |
£820K | 04/23 | 0.53 mi | Parkside, 37, Park Lane, Barnstaple, Devon EX32 9AJ | - | - | 4 | Detached House | |
£225K | 04/21 | 0.54 mi | 23a, Silverwood Heights, Barnstaple, Devon EX32 7RJ | - | - | 4 | Semi-Detached House | |
£236K | 12/20 | 0.54 mi | 27, Silverwood Heights, Barnstaple, Devon EX32 7RJ | £2,255 | 105 | 4 | Semi-Detached House | |
£256.5K | 06/21 | 0.55 mi | 66, Pilton Lawn, Barnstaple, Devon EX31 4AB | - | - | 4 | Semi-Detached House | |
£245K | 03/23 | 0.56 mi | 22, Newport Road, Barnstaple, Devon EX32 9BG | £2,481 | 99 | 4 | Terraced House | |
£270K | 06/23 | 0.57 mi | 6, Crow View, Barnstaple, Devon EX32 7JW | £2,523 | 107 | 4 | Terraced House | |
£305K | 02/21 | 0.63 mi | 2, Elgar Close, Barnstaple, Devon EX32 8AA | £1,794 | 170 | 4 | Detached House | |
£475K | 12/20 | 0.64 mi | Le Pesage, Raleigh Road, Barnstaple, Devon EX31 4HY | £4,241 | 112 | 4 | Detached House | |
£412.5K | 07/21 | 0.65 mi | 3, Cot Manor, Barnstaple, Devon EX32 9BL | £3,381 | 122 | 4 | Detached House | |
£205K | 05/21 | 0.65 mi | 51, Newport Road, Barnstaple, Devon EX32 9LQ | £1,752 | 117 | 4 | Terraced House | |
£425K | 10/22 | 0.66 mi | 86, Pilton Street, Barnstaple, Devon EX31 1PQ | - | - | 4 | Terraced House | |
£384K | 12/20 | 0.67 mi | 39, Pilton Street, Barnstaple, Devon EX31 1PJ | £2,385 | 161 | 4 | Terraced House | |
£350K | 10/22 | 0.68 mi | 22, Maer Top Way, Barnstaple, Devon EX31 1RZ | £3,345 | 105 | 4 | Semi-Detached House | |
£300K | 05/21 | 0.69 mi | 2, South Street, Barnstaple, Devon EX32 9DT | £1,794 | 167 | 4 | Terraced House | |
£302K | 02/21 | 0.76 mi | 4, Priory Close, Barnstaple, Devon EX31 1QX | £2,475 | 122 | 4 | Terraced House | |
£340K | 12/20 | 0.77 mi | Rivendell, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BE | - | - | 4 | Detached House | |
£250K | 01/21 | 0.78 mi | 2, Barton Drive, Barnstaple, Devon EX32 7SH | £2,294 | 109 | 4 | Detached House | |
£415K | 11/20 | 0.78 mi | The Haven, Littabourne, Barnstaple, Devon EX31 1PX | £2,128 | 195 | 4 | Terraced House | |
£322.5K | 02/21 | 0.78 mi | 16, Highbury Road, Barnstaple, Devon EX32 9BY | - | - | 4 | Semi-Detached House | |
£580K | 10/22 | 0.81 mi | 18, Burlington Grove, Barnstaple, Devon EX32 9BU | £4,000 | 145 | 4 | Detached House | |
£620K | 09/21 | 0.85 mi | South Bank, Under Minnow Road, Barnstaple, Devon EX31 1QU | £3,523 | 176 | 4 | Detached House | |
£399.5K | 12/20 | 0.87 mi | 2, Chichester Crescent, Barnstaple, Devon EX32 9JH | £2,699 | 148 | 4 | Detached House | |
£470K | 11/20 | 0.87 mi | 10, Hillcrest Road, Barnstaple, Devon EX32 9EP | £3,072 | 153 | 4 | Detached House | |
£395K | 06/21 | 0.87 mi | Ardan, High Wall, Sticklepath, Barnstaple, Devon EX31 2DP | £2,507 | 158 | 4 | Detached House | |
£347.5K | 11/20 | 0.88 mi | 45, Northfield Lane, Barnstaple, Devon EX31 1QE | £5,129 | 68 | 4 | Semi-Detached House | |
£317.5K | 07/21 | 0.9 mi | 9, Convent Close, Barnstaple, Devon EX32 9DR | £3,207 | 99 | 4 | Detached House | |
£307K | 01/21 | 0.92 mi | 13, Coppice Gate, Barnstaple, Devon EX32 9PD | £2,896 | 106 | 4 | Detached House | |
£329.9K | 11/20 | 0.92 mi | 19, Coppice Gate, Barnstaple, Devon EX32 9PD | £3,203 | 103 | 4 | Detached House | |
£395K | 03/21 | 0.93 mi | 8, Pill Lane, Barnstaple, Devon EX32 9EG | £2,394 | 165 | 4 | Semi-Detached House | |
£535K | 06/21 | 0.96 mi | 5, Woodford Gardens, Barnstaple, Devon EX32 9LT | £2,975 | 180 | 4 | Detached House | |
£540K | 05/21 | 0.96 mi | 16, Woodford Gardens, Barnstaple, Devon EX32 9LT | £3,103 | 174 | 4 | Detached House | |
£250K | 03/21 | 0.98 mi | 13, Crosspark Close, Barnstaple, Devon EX31 4AN | £2,137 | 117 | 4 | Terraced House | |
£425K | 11/22 | 0.98 mi | 42, Fairacre Avenue, Barnstaple, Devon EX32 9DF | £3,899 | 109 | 4 | Detached House | |
£325K | 01/21 | 0.99 mi | 20, Fairacre Avenue, Barnstaple, Devon EX32 9DF | £3,125 | 104 | 4 | Detached House | |
£240.5K | 02/21 | 1 mi | 25, Windsor Road, Barnstaple, Devon EX31 4AG | £2,358 | 102 | 4 | Terraced House |
Local Area Statistics
Population in EX32 | 23,89623,896 |
Population in Barnstaple | 48,98248,982 |
Town centre distance | 0.37 miles away0.37 miles away |
Nearest school | 0.70 miles away0.70 miles away |
Nearest train station | 0.61 miles away0.61 miles away |
| |
Rental demand | Balanced marketBalanced market |
Rental growth (12m) | +33%+33% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +13%+13% |
Property History
Price changed to £349,950
December 26, 2024
Listed for £365,000
September 24, 2024
Floor Plans

Description
- Large Impressive Victorian Home +
- Potential Large HMO / Flat Conversion STC +
- Rear Courtyard and Offroad Parking +
- Vast Internal Area with Flexible Layout +
- External Laundry Room / Store +
- Central to Barnstaple Town +
- Multi Generational Family Living +
An impressive and spacious Victorian townhouse, perfect for a large family or multi-generational living. With potential to be split into multiple dwellings (subject to planning consent), this versatile property offers substantial accommodation across four floors.
Description - This impressive, imposing home boasts classic Victorian charm, including painted Marland brick elevations, decorative coving, and fireplaces, while offering modern conveniences like UPVC double-glazed windows and a slate roof.
The ground floor features an inviting entrance hall leading to a bright sitting room with a bay window and period features, along with a stylish kitchen/diner equipped with modern appliances. Two bedrooms and a shower room complete this level. On the first floor, there is a large double bedroom, a second kitchen/diner, another sitting room, and a shower room, offering potential for independent living. The second floor includes four spacious bedrooms, two of which are intercommunicating.
The lower ground floor, accessed via the rear courtyard, offers excellent storage and utility space with further potential for development. Externally, the property benefits from a small courtyard at the front and a gated rear courtyard garden with off-street parking.
This home could be perfect for a multi-generational or large family. With two separate service supplies, the property offers the flexibility to create self-contained living spaces, particularly on the ground floor, which is ideal for elderly relatives. The ground floor already features two bedrooms, a kitchen/diner, a sitting room, and a shower room, offering independent living with easy access. Meanwhile, the upper floors provide ample space for the rest of the family, ensuring privacy and comfort for all generations under one roof. The versatile layout makes it easy to adapt the home to suit various family needs.
This impressive Victorian townhouse also has excellent potential to be converted into a large 8-bedroom HMO, offering a lucrative investment opportunity. With four spacious floors, the property could easily be adapted to provide self-contained rooms, each with access to shared kitchens, bathrooms, and living areas. The current layout already includes multiple bedrooms, two kitchens, and several reception rooms, which could be repurposed as additional bedrooms or communal spaces. The lower ground floor, currently used for storage, could be transformed into further living accommodation or communal utility areas. With a gated courtyard at the rear offering off-street parking, this property is well-suited for tenants.
Located in a prime position, this exceptional home is ideal for those seeking space, character, and the opportunity to create a unique multi-generational residence or convert it into separate units. Don’t miss out on this rare opportunity!
Ground Floor - Entrance lobby with an internal door leading to a hallway and another lobby. There are doors to an inner hall with stairs to the first floor. Under the stairs is a cupboard with gas and electric supplies for the upper floors. The sitting room has a bay window at the front, a fireplace, decorative coving, and a central ceiling rose. The kitchen/dining room has matching wall and base units with a high gloss finish, roll-top work surfaces, a stainless steel sink with mixer taps, a tiled splashback, a built-in electric fan oven, a four-burner gas hob, and a stainless steel extractor hood. There’s also a gas fire and a door to the inner lobby, which leads to a side door opening to the rear courtyard garden. There are two bedrooms, one on the side and one at the back. The shower room has a frosted window at the back, a tiled shower, a dual-flush toilet, and a pedestal sink with mixer taps.
Sitting Room - 5.03 x 3.81 (16'6" x 12'5") -
Kitchen - 5.38 x 3.45 (17'7" x 11'3") -
Bedroom 1 - 4.55 x 3.94 (14'11" x 12'11") -
Bedroom 7 - 3.30 x 2.46 (10'9" x 8'0") -
Shower Room -
First Floor - Half landing with a stained glass window on the side. A double bedroom with dual aspect windows, a fireplace, and a hand wash basin. The shower room has a frosted side window, tiled floor and walls, a pedestal sink with mixer taps, and a dual-flush toilet. The kitchen/dining room has a rear window with a view of the town, vinyl flooring with a tiled effect, shaker-style wall and base units, roll-top work surfaces, a 1½ sink with mixer taps, a cupboard with the boiler, a built-in electric fan oven, a hob with an extractor, space for a freestanding fridge freezer, and a larder cupboard. The sitting room has windows to the front and side, with stairs leading to the second floor.
Sitting Room - 5.08 x 3.38 (16'7" x 11'1") -
Kitchen - 4.04 x 3.51 (13'3" x 11'6") -
Bedroom 3 - 4.17 x 4.04 (13'8" x 13'3") -
Shower Room -
Second Floor - Skylight. Four large bedrooms, with two of them connected to each other.
Bedroom 4 - 4.04 x 3.48 (13'3" x 11'5") -
Bedroom 5 - 3.73 x 3.43 (12'2" x 11'3") -
Bedroom 6 - 3.66 x 3.43 (12'0" x 11'3") -
Bedroom 2 - 4.27 x 3.66 (14'0" x 12'0") -
Cellar/Outbuilding - The basement level is currently used for laundry, storage and utility space, with an outdoor WC and additional basement rooms.
Laundry Room - 2.74 x 2.13 (8'11" x 6'11") -
Store - 4.27 x 2.74 (14'0" x 8'11") -
Store - 4.27 x 2.44 (14'0" x 8'0") -
Cellar - 2.44 x 2.13 (8'0" x 6'11") -
Outside - At the front of the property, there is a small courtyard area leading to the front door. At the rear, there is an enclosed courtyard with gated access for off-street parking.
Services - Freehold
Mains services for gas, electric and water. 2 Supplies for the house.
Council Tax Band - C
EPC - D
Parking - Offroad plus onroad parking permits available
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