2 Bed Flat, Single Let, Barnstaple, EX32 9HR, £155,000

5 Victoria Road, Barnstaple, EX32 9HR - 7 months ago

BTL
96 m²
+8 photos

ValuationUndervalued

Sold Prices£88K - £205K
Sold Prices/m²£1.9K/m² - £3.4K/m²

 

 

Square Metres

95.60 m²
Price/m²£1.6K/m²

Value Estimate

£192,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£9,550

Total Cash In

£48,300

 

 

Cash Out

 

Rent Range

£625 - £1,100

Rent Estimate

£650

Running Costs/mo

£634

Cashflow/mo

£16

Cashflow/yr

£188

ROI

0%

Gross Yield

5%

Local Sold Prices

33 sold prices from £88K to £205K, average is £145K. £1.9K/m² to £3.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£145K11/210.11 miFlat 8, Portland Court, Victoria Road, Barnstaple, Devon EX32 9HF2
£155K06/230.2 mi19a, Summerland Street, Barnstaple, Devon EX32 8JH2
£120K08/230.32 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£117K01/210.32 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£108K05/210.32 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£122K02/230.32 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£118K06/220.32 miFlat 4, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£180K09/220.34 mi14, Hills View, Barnstaple, Devon EX32 8BN2
£119K12/200.35 miFlat 7, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£185K08/210.35 miFlat 3, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£153K09/210.35 miFlat 2, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£140K01/230.36 mi18, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£120K05/210.36 mi9, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£125K07/220.36 mi12, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£88K04/210.45 mi22, Brewer Road, Barnstaple, Devon EX32 8EX2
£162.5K07/220.45 mi11, Brewer Road, Barnstaple, Devon EX32 8EX2
£137.5K04/230.49 miTop Floor Flat, 37, Richmond Street, Barnstaple, Devon EX32 7DP2
£115K09/210.51 mi14a - 14b, Joy Street, Barnstaple, Devon EX31 1BS2
£205K04/210.64 mi1, Coronation Street, Barnstaple, Devon EX32 7AY2
£120K05/230.73 mi55, East Park Road, Barnstaple, Devon EX32 8PL2
£178K07/210.74 miFlat 8, Park View, Pilton Causeway, Barnstaple, Devon EX32 7FB2
£185K02/230.78 mi46a, Silverwood Heights, Barnstaple, Devon EX32 7RJ2
£175K07/210.78 miApartment 24, Cleave Point, Cleave Road, Sticklepath, Barnstaple, Devon EX31 2AT2
£168K03/220.86 miFlat 4, College Court, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BG2
£147K05/210.86 miFlat 2, College Court, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BG2
£180K02/210.9 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£186.8K10/220.9 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£127K12/220.92 mi23, Stoat Park, Barnstaple, Devon EX32 8PT2
£160K10/220.92 mi31, Stoat Park, Barnstaple, Devon EX32 8PT2
£139K06/220.92 mi20, Stoat Park, Barnstaple, Devon EX32 8PT2
£102K01/230.92 mi43, Otter Way, Barnstaple, Devon EX32 8PS2
£150K11/220.96 mi41, Otter Way, Barnstaple, Devon EX32 8PS2
£190K12/200.98 mi4, West End, Barnstaple, Devon EX31 1GL2

Local Rents

21 rents from £625/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,10011/230.15 mi-2
£85009/230.24 mi-2
£80003/240.24 miAshleigh Road, Barnstaple, EX322
£80001/240.25 mi-2
£95011/230.25 mi-2
£1,10011/230.25 mi-2
£1,10009/240.25 mi-2
£82512/230.27 mi-2
£85012/240.27 mi-2
£62504/240.3 miNewport Road, Barnstaple, Devon2
£92504/240.33 miQueen Street, Barnstaple2
£92505/240.33 miQueen Street, Barnstaple2
£79502/250.34 mi-2
£92504/240.34 miQueen Street, Barnstaple2
£92503/240.4 miRegent House, Queens Street2
£67504/240.41 miDoone House, Barnstaple, Devon2
£72504/240.43 miBarnstaple2
£69504/240.51 miLoverings Court, Barnstaple, EX312
£87503/240.54 miWalton Way, Barnstaple2
£97510/230.57 mi-2
£69503/240.6 miBoutport Street, Barnstaple, Devon, EX312

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

0.45 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £155,000

March 12, 2025

Price changed to £165,000

November 22, 2024

Listed for £170,000

September 30, 2024

Floor Plans

Description

  • CHAIN FREE! +
  • Two Large Reception Rooms +
  • Off Road Parking +
  • Popular Residential Location +
  • Gas Combi Boiler +
  • Rock Park Close By +

This spacious two-bedroom ground-floor flat in Newport features high ceilings, large reception rooms, and off-road parking. The front reception room has a bay window, while the rear reception opens to outdoor space via French doors. The kitchen is well-equipped with a washing machine, oven, and ample storage. Both bedrooms are positioned at the rear for added privacy, and the family bathroom includes a four-piece suite with a bath and shower. The flat benefits from outdoor space at both the front and back, with parking located at the rear, making it an ideal home with convenient access to local amenities.

This spacious two-bedroom ground-floor flat in Newport offers generous living space with high ceilings and large rooms, along with the convenience of off-road parking. At the front of the property are two sizable reception rooms, perfect for flexible use as a dining room and living room, with the front room featuring a charming bay window and the rear reception room opening onto the outdoor space via French doors. The kitchen comes equipped with a washing machine, oven, ample cupboard storage, and worktop space.

Both bedrooms are situated at the rear of the flat, offering privacy and quiet. The family bathroom boasts a four-piece suite, including a shower, bath, WC, and sink. The property benefits from outdoor space at both the front and rear, with parking conveniently located at the back. Ideal for those seeking a spacious, well-appointed home with easy access to local amenities.

Communal Entrance Hall -

Living Room - 5.03m x 4.57m (16'6" x 14'11") -

Dining Room - 4.47m x 3.91m (14'7" x 12'9") -

Kitchen - 2.98m x 3.29m (9'9" x 10'9") -

Bedroom 1 - 3.60m x 2.71m (11'9" x 8'10") -

Bedroom 2 - 3.01m x 1.95m (9'10" x 6'4") -

Bathroom - 3.00m x 1.77m (9'10" x 5'9") -

Parking Space -

Front And Rear Courtyard -

Newport is a highly sought after location, boasting an OFSTED outstanding Primary School within walking distance. Within close proximity is also an excellent range of amenities which caters well for everyday needs, including local convenience store, Park School, Nursery, Medical Centre, Dentist and a Public House.
Situated on the outskirts of Barnstaple Town Centre, the regional and administrative centre of North Devon. Situated in the valley of the River Taw, it is surrounded by beautiful rolling Devonshire countryside and some of the area’s best beaches and rugged coastal paths. As the commercial centre of the region, the town centre offers a variety of banking, schooling and recreational facilities including a theatre, cinema, leisure centre and restaurants. The vibrant town combines modern shopping amenities with a bustling market atmosphere. The popular golden sandy beaches of Woolacombe, Croyde and Instow within 5 miles distance, perfect for outings with family and friends. The A361 North Devon Link Road provides convenient access to the M5 motorway, together with Barnstaple's train network giving easy access to Exeter central station and beyond.

Agent Details

Phillips, Smith & Dunn, Barnstaple

020 3870 5461

Next Steps?

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