3 Bed Terraced House, Single Let, Barnstaple, EX32 9BG, £190,000

68 Newport Road, Barnstaple, Devon, EX32 9BG - 6 months ago

Sold STC
BTL
~103 m²
+14 photos

ValuationUndervalued

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

 

 

Square Metres

~103.40 m²
Price/m²£1.8K/m²

Value Estimate

£233,700
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£730 - £2,500

Rent Estimate

£791

Running Costs/mo

£772

Cashflow/mo

£19

Cashflow/yr

£229

ROI

0%

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 
£205K07/220.04 mi23, Church Grove, Barnstaple, Devon EX32 9DJ3
£196K01/230.05 mi3, Cyprus Terrace, Barnstaple, Devon EX32 9JF3
£260K04/230.05 mi47, Cyprus Terrace, Barnstaple, Devon EX32 9JF3
£125K02/230.05 mi28, Church Grove, Barnstaple, Devon EX32 9DJ3
£220K06/230.05 mi9, Church Grove, Barnstaple, Devon EX32 9DJ3
£290K11/220.06 mi67, Victoria Street, Barnstaple, Devon EX32 9JE3
£185K08/210.08 mi39, Orchard Road, Barnstaple, Devon EX32 9JQ3
£178K12/200.08 mi5, Orchard Road, Barnstaple, Devon EX32 9JQ3
£180K02/210.08 mi27, Orchard Road, Barnstaple, Devon EX32 9JQ3
£175K07/210.08 mi31, Orchard Road, Barnstaple, Devon EX32 9JQ3
£210K03/230.08 mi37, Orchard Road, Barnstaple, Devon EX32 9JQ3
£174.6K11/220.08 mi20, Cyprus Terrace, Barnstaple, Devon EX32 9JG3
£205K12/220.09 mi24, Portland Street, Barnstaple, Devon EX32 9JL3
£194K09/210.1 mi40, Portland Street, Barnstaple, Devon EX32 9JL3
£185K04/210.11 mi44, Victoria Street, Barnstaple, Devon EX32 9JD3
£335K09/210.11 mi14, South Street, Barnstaple, Devon EX32 9DT3
£278K05/210.11 mi8, South Street, Barnstaple, Devon EX32 9DT3
£158.5K02/210.13 mi9, Gloster Road, Barnstaple, Devon EX32 9JS3
£186K04/210.13 mi11, Gloster Road, Barnstaple, Devon EX32 9JS3
£199.9K11/200.16 mi10, Hughes Avenue, Barnstaple, Devon EX32 9LN3
£285K10/200.17 mi2, Clinton Road, Barnstaple, Devon EX32 9EA3
£315K02/210.17 mi45, Clinton Road, Barnstaple, Devon EX32 9EA3
£180K06/230.17 mi4, Brookdale Terrace, Barnstaple, Devon EX32 9HZ3
£330K01/230.18 mi38, Clinton Road, Barnstaple, Devon EX32 9EA3
£227K02/230.21 mi19, Gloster Road, Barnstaple, Devon EX32 9JR3
£214K05/230.23 mi29, Broadfield Road, Barnstaple, Devon EX32 9JW3
£225K06/230.23 mi22, Broadfield Road, Barnstaple, Devon EX32 9JW3
£172K03/210.24 mi10, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£184K12/200.24 mi9, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£212K07/230.24 mi12, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£150K05/210.25 mi7, Victoria Street, Barnstaple, Devon EX32 9HT3
£185K07/210.27 mi2, Victoria Close, Barnstaple, Devon EX32 9HX3
£177K02/230.27 mi1, Victoria Close, Barnstaple, Devon EX32 9HX3
£435K03/230.34 mi5, Villa Close, Barnstaple, Devon EX32 9EX3
£310K02/210.35 mi15, Hayne Park, Barnstaple, Devon EX32 8DT3
£217K04/230.35 mi38, St Johns Lane, Barnstaple, Devon EX32 9DD3
£200K11/210.35 mi46, St Johns Lane, Barnstaple, Devon EX32 9DD3
£315K04/210.37 miGlenavon, Barbican Lane, Barnstaple, Devon EX32 8LB3
£260K11/220.37 mi11, Barbican Road, Barnstaple, Devon EX32 9HW3
£270K04/210.37 mi6, Merrylees Drive, Barnstaple, Devon EX32 9DQ3
£315K08/210.39 miCrestlyn, Broadmead Bungalows, Barnstaple, Devon EX32 9DB3
£427.5K03/210.4 mi32, Chichester Road, Barnstaple, Devon EX32 9EH3
£330K07/230.4 mi9, Highfield Close, Barnstaple, Devon EX32 8LG3
£245K11/220.41 mi9, Lauderdale, Barnstaple, Devon EX32 8DU3
£230K08/210.41 mi8, Ashleigh Road, Barnstaple, Devon EX32 8JX3
£263K07/230.42 mi43, Jordan Close, Barnstaple, Devon EX32 9DN3
£310K10/220.42 mi11, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£207K01/210.42 mi32, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£243K09/200.42 mi11, Shrubbery Close, Barnstaple, Devon EX32 9DG3
£243.5K11/200.42 mi33, Shrubbery Close, Barnstaple, Devon EX32 9DG3

Local Rents

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

RentDateDistanceAddressBeds 
£80011/240.51 mi-3
£1,00010/240.64 mi-3
£73005/240.69 miBoutport Street, Barnstaple, Devon3
£92503/240.7 miMartin Road, Barnstaple, Devon, EX323
£78506/240.73 mi-3
£78506/240.73 mi-3
£1,20009/240.75 mi-3
£2,50001/250.77 mi-3
£2,50002/250.77 mi-3
£1,50002/250.77 mi-3
£95004/240.99 miGranville Avenue, Barnstaple, Devon, EX323
£1,35005/241.11 miWestfield Avenue, Barnstaple, Devon3
£1,00004/241.14 miOak Tree Drive, Barnstaple3

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

0.75 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £190,000

September 30, 2024

Floor Plans

Description

  • Fantastic Buy To Let Opportunity +
  • Ground Floor One Bedroom Flat +
  • First Floor Two Bedroom Flat +
  • Popular and Convenient Location +
  • Courtyard and Lawn Garden +
  • Short Walk to Local Amenities and Rock Park +
  • No Onward Chain +

A fantastic buy to let opportunity/investment. This substantial terraced property is arranged as a Ground Floor, One Bedroom Flat and a Two Bedroom First Floor Flat with courtyard and lawn garden. No onward chain. Vacant possession. The property is situated in Newport within walking distance of everyday amenities including post office, convenience store and schools; also, within walking distance of Barnstaple Town Centre which offers an excellent range of both local and national high street shops, banks and leisure facilities including the acclaimed Green Lanes Shopping Centre. In addition to this there is also a theatre, cinema, hospital, further range of schools and indoor heated leisure pool. There is easy access to the North Devon Link Road which leads to M5 and motorway network beyond. The popular coastal resorts of Saunton, Croyde, Woolacombe and Instow are close to hand, whilst Exmoor National Park is just a short car journey.

Agent Details

John Smale & Co, Barnstaple

01271 443504

Next Steps?

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