5 Bed Detached House, Single Let, Barnstaple, EX31 4EJ, £1,495,000

Pippacott, Marwood, Nr Braunton, Devon, EX31 4EJ - 5 months ago

BTL
~358 m²
+26 photos

ValuationOvervalued

Sold Prices£289.9K - £722.5K
Sold Prices/m²£2K/m² - £4.7K/m²

 

 

Square Metres

~357.77 m²
Price/m²£4.2K/m²

Value Estimate

£1,282,437

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£373,750

Stamp Duty & Legal Fees

£136,800

Total Cash In

£510,550

 

 

Cash Out

 

Rent Range

£660 - £3,000

Rent Estimate

£739

Running Costs/mo

£4,840

Cashflow/mo

£-4,101

Cashflow/yr

£-49,208

Gross Yield

1%

Local Sold Prices

14 sold prices from £289.9K to £722.5K, average is £452.5K. £2K/m² to £4.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£365K06/211.41 mi2, South View, Prixford, Barnstaple, Devon EX31 4DY5
£289.9K06/212.23 mi2a, Manor Mill Road, Knowle, Braunton, Devon EX33 2LS5
£722.5K03/232.31 mi1, Woodlands Close, Knowle, Braunton, Devon EX33 2EJ5
£340K02/212.35 mi1, Bradiford, Barnstaple, Devon EX31 4AD5
£645K12/202.36 mi62, Chaddiford Lane, Barnstaple, Devon EX31 1RF5
£685K01/232.45 miSkir House, Butts Path, Braunton, Devon EX33 1BA5
£625K03/212.5 miHanworth, Under Minnow Road, Barnstaple, Devon EX31 1QU5
£670K02/232.51 miHanworth, Under Minnow Road, Barnstaple, Devon EX31 1QU5
£574K04/212.64 mi3, Littabourne, Barnstaple, Devon EX31 1PX5
£420K11/202.69 miNorlands, Braunton Road, Barnstaple, Devon EX31 1GA5
£480K11/212.81 mi21, Maer Top Way, Barnstaple, Devon EX31 1RZ5
£415K03/212.91 mi25, Lower Cross Road, Bickington, Barnstaple, Devon EX31 2LE5
£365K02/212.91 mi21, Lower Cross Road, Bickington, Barnstaple, Devon EX31 2LE5
£425K02/212.95 mi1, Coppice Close, Fremington, Barnstaple, Devon EX31 2QE5

Local Rents

27 rents from £660/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30005/240.86 miMarwood3
£1,50004/241.2 miAshford, Barnstaple3
£2,19511/241.42 mi-4
£1,95001/241.48 mi-4
£1,85004/242.16 miMilltown, Muddiford, Barnstaple, Devon, EX314
£1,45011/242.16 mi-4
£1,35004/242.19 miLongfield Close, Braunton, N Devon3
£85003/242.25 miSpringfield Flats, East Hill, Braunton, Devon, EX331
£1,09503/252.31 mi-2
£1,19502/242.31 mi-2
£1,09511/242.31 mi-2
£1,09503/242.31 miThe Gallery, Braunton, EX332
£1,15003/242.31 mi-2
£1,75004/242.33 mi-3
£2,15002/252.33 mi-3
£1,75002/252.34 mi-3
£66003/252.36 mi-1
£70003/252.36 mi-1
£75010/232.38 mi-2
£90005/242.38 miPoyers, Wrafton, Braunton2
£94505/232.39 mi-2
£2,50003/242.42 mi-3
£3,00006/242.42 mi-3
£1,50002/242.46 mi-4
£79508/232.46 mi-2
£2,00011/232.48 mi-4
£1,85011/242.48 mi-4

Local Area Statistics

Population in EX31

25,086

Population in Barnstaple

48,982

Town centre distance

3.14 miles away

Nearest school

1.80 miles away

Nearest train station

3.37 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £1,495,000

October 28, 2024

Floor Plans

Description

  • STUNNING NEW-BUILD 5-BEDROOM HOME SPANNING NEARLY 4,000 SQFT OF LUXURY LIVING +
  • EXCEPTIONAL ECO CREDENTIALS: SOLAR PANELS, AIR-SOURCE HEATING, AND NVHR SYSTEM FOR OPTIMAL AIR QUALITY +
  • FLOOR-TO-CEILING WINDOWS IN EVERY BEDROOM SHOWCASING BREATHTAKING COUNTRYSIDE VIEWS +
  • IMPRESSIVE MAIN BEDROOM SUITE WITH DRESSING AREA, DIVIDED BY A HALF WALL FOR ADDED PRIVACY +
  • STRIKING INTERIOR DESIGN WITH VAULTED CEILING, SPIRAL STAIRCASE, AND UNIQUE GLASS BRIDGE +
  • EXPANSIVE, GATED DRIVEWAY WITH PARKING FOR MULTIPLE VEHICLES AND A DOUBLE GARAGE +
  • PRIVATE REAR GARDEN WITH GENEROUS LAWN AND PATIO, PERFECT FOR OUTDOOR ENTERTAINING +
  • VERSATILE FIFTH BEDROOM SUITE WITH SEPARATE STAIRCASE, IDEAL FOR GUESTS OR MULTI-GENERATIONAL LIVING +
  • 6 YEAR ABC BUILD WARRANTY +
  • NO CHAIN +

This is a stunning new-build home with 5 double bedrooms and nearly 4,000 sqft of high-spec accommodation. Designed with excellent eco credentials, it boasts high-grade insulation, solar panels, an efficient air-source heating system, and an NVHR system, ensuring the highest air quality throughout.

Set amidst scenic countryside, Elm Tree House takes full advantage of its location, with floor-to-ceiling windows framing breathtaking views from nearly every room. The thoughtfully designed open-plan living area includes a practical yet discreet larder and utility room off the high specification kitchen area, preserving the sleek aesthetic of the space. The room naturally divides into a dining space and living area offering ample space for an impressive suite and doors to the garden.

The approach to the property features a spacious gated driveway, ample parking, and a double garage. The well-manicured front garden includes a neat lawn and tasteful shrubbery border, while the enclosed rear garden is a private space. It offers a generous lawn for recreation, along with a patio area—perfect for outdoor entertaining and al fresco dining.

Inside, the property exudes elegance with raised ceiling areas, striking spiral staircase, and unique glass bridge connecting the two wings upstairs. The main bedroom suite is particularly impressive, complete with its own dressing area divided by a half wall for added privacy. Additionally, the fifth bedroom suite has its own staircase, making it an ideal space for guests or a dependent relative.

Elm Tree House seamlessly blends modern luxury with countryside charm, providing a unique, adaptable space that’s perfect for family living.

AGENTS NOTE: Some of the images in this marketing are virtually staged with furnishings.
From the M5 take Junction 27 continue on the A361 until reaching Barnstaple, at the roundabout take the first exit continue across the next roundabout. At the third roundabout take the 2nd exit continue to the traffic lights. Continue along the bridge at the next set of traffic lights turn left and follow the signs to Braunton. Once you enter the village, as you reach the centre, with SQ restaurant on your left, turn right into Heanton Street and at the top of the street, turn left and immediately right at the mini roundabout on to Lower Park Road. Follow this road as it turns into the Old Barnstaple Road and take the 2nd turning left onto Waterlake Lane and then the first left. Continue up this country lane for approximately 1/2 mile and after the sharp left hand turning, proceed to the top of the hamlet and take a left where the splay opens up and is sign posted 'Wild Winds, Branch farm and Elm Tree'

Agent Details

Fine & Country, Braunton

020 3840 3466

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.