3 Bed Semi-Detached House, Single Let, Barnstaple, EX32 0JH, £425,000

CROFTS LEA Blakes Hill Road, Barnstaple, Devon, EX32 0JH - 5 views - 5 months ago

Under Offer
BTL
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£175K - £580K
Sold Prices/m²£2.1K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£298,586

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£24,700

Total Cash In

£130,950

 

 

Cash Out

 

Rent Range

£550 - £1,500

Rent Estimate

£556

Running Costs/mo

£1,459

Cashflow/mo

£-903

Cashflow/yr

£-10,840

Gross Yield

2%

Local Sold Prices

21 sold prices from £175K to £580K, average is £266.5K. £2.1K/m² to £4.6K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£280K09/210.05 mi16, Castle Mill, Landkey, Barnstaple, Devon EX32 0FA3
£580K05/230.06 mi4, The Orchards, Landkey, Barnstaple, Devon EX32 0QP3
£292.5K04/230.14 mi2, Bramble Path, Landkey, Barnstaple, Devon EX32 0UG3
£239K03/210.16 mi7, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£231.5K12/200.16 mi14, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£500.3K12/220.21 mi16, Sloe Lane, Landkey, Barnstaple, Devon EX32 0UF3
£280K04/210.22 mi3, Bramley Meadow, Landkey, Barnstaple, Devon EX32 0PB3
£345K06/230.23 miDerrie, Tanners Road, Landkey, Barnstaple, Devon EX32 0NQ3
£195K07/230.24 mi35, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ3
£386.5K05/210.24 mi22, Cherry Tree Drive, Landkey, Barnstaple, Devon EX32 0UE3
£345K06/210.26 miAdelphia, Manor Road, Landkey, Barnstaple, Devon EX32 0JJ3
£295K08/210.26 mi8, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£175K09/210.26 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£185K04/210.26 mi31, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£221.5K04/230.26 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£266.5K12/200.27 mi11, Denes Close, Landkey, Barnstaple, Devon EX32 0JD3
£241K11/220.29 mi21, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£410K06/210.33 mi6, Newlands Close, Landkey, Barnstaple, Devon EX32 0NH3
£197.5K12/200.34 mi7, Church Lake, Landkey, Barnstaple, Devon EX32 0JS3
£260K05/210.37 mi8, Newlands, Landkey, Barnstaple, Devon EX32 0NJ3
£196K02/210.38 mi6, Church Meadow, Landkey, Barnstaple, Devon EX32 0JB3

Local Rents

41 rents from £550/mo to £1.5K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£1,30004/240.5 miHarford, Landkey3
£1,30004/240.5 miHarford, Landkey3
£1,00004/241.25 miOak Tree Drive, Barnstaple3
£69503/241.27 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£60004/241.44 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£1,25009/231.52 mi-2
£1,15003/251.52 mi-2
£97506/241.55 mi-3
£97506/241.55 mi-3
£72503/241.59 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£80002/241.63 mi-1
£80001/241.81 mi-1
£80004/251.81 mi-1
£1,40002/251.84 mi-3
£1,40003/251.84 mi-3
£1,50004/241.86 miGoodleigh, Barnstaple4
£80011/241.89 mi-3
£92503/241.94 miChichester Close2
£65005/241.98 mi-1
£65005/241.98 mi-1
£65004/241.98 miLynwood House, Barnstaple, EX321
£55004/241.98 miClarence Place, South Street, Barnstaple1
£62507/241.98 mi-1
£62512/241.99 miSouth Street, Newport, Barnstaple, EX321
£80004/242 miBishops Tawton, Barnstaple2
£87503/242 miNorthcliffe, Bishops Tawton, Barnstaple3
£62504/242.05 miNewport Road, Barnstaple, Devon2
£82512/232.09 mi-2
£85012/242.09 mi-2
£80003/242.1 miLundy Close, Barnstaple, EX322
£87503/242.14 miWalton Way, Barnstaple2
£65003/242.18 miGloster Road, Barnstaple1
£1,40004/242.28 miNewport Road, Barnstaple, Devon, EX324
£92503/242.28 miMartin Road, Barnstaple, Devon, EX323
£55004/242.33 miRock Park Terrace, Barnstaple1
£80003/242.36 miAshleigh Road, Barnstaple, EX322
£99503/242.36 miSilverwood Heights, Barnstaple, Devon, EX324
£1,30011/242.44 mi-4
£78505/242.46 miLong Meadow Drive2
£1,10011/232.46 mi-2
£85003/242.47 miLong Meadow Drive, Barnstaple2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

2.77 miles away

Nearest school

0.30 miles away

Nearest train station

2.74 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £425,000

January 11, 2025

Listed for £450,000

November 6, 2024

Sold for £300,000

2017

Sold for £87,000

2000

Floor Plans

Description

  • Period Village Property +
  • 3 Bedrooms, one En-suite +
  • 3 Reception Rooms +
  • Gas Fired Central Heating & Double Glazing & Log Burner +
  • Nearby Bus Service, village Pub and Primary School +
  • Three Garden areas +
  • Driveway Parking for 3 +
  • Detached Garage with scope to convert subject to planning +
  • Council Tax Band D +
  • Freehold +

An attached period house in a popular village location with public transport to Barnstaple and easy access to the North Devon link road. Entrance lobby, lounge with log burner, dining room and family room, quality kitchen, utility and cloakroom wc, 3 double bedrooms, main with en-suite shower and a separate family bathroom, detached garage with scope to convert subject to planning, parking for 3, delightful gardens. EPC Band D.

Situation And Amenities - Landkey is one of the most sought after villages in which to live, amenities include; The Castle Inn Public House, which serves food, a well regarded primary school, parish church, pretty village Millennium greenspace with stream and provides a safe space for children to play as well as dog walking.
The nearby village of Swimbridge offers further amenities including pub, which also serves food, and further primary school. Located between Landkey and Swimbridge is Venn Valley Vineyard which is one of only a few vineyards in North Devon and has an onsite café and hosts evening food events. The property is just 6 miles from West Buckland village and is therefore within the West Buckland school catchment area. Barnstaple, North Devon's regional centre, is about 3 miles and houses the area's main business, commercial, leisure and shopping venues, as well as the North Devon District hospital. Fast road access to the area is provided by the A361, North Devon Link Road, which connects directly with the M5 at Junction 27, where there is also a main line railway station on the London Paddington line at Tiverton Parkway. There is also easy access to Exmoor National Park to the north east, offering excellent walking and riding. The property is also well located for exploring the whole of the North Devon area, including the dramatic coastline which at its nearest lies about 8 miles beyond Barnstaple and includes some of the best beaches in the South West at Croyde, Putsborough, Saunton (also with championship golf course) and Woolacombe to name but a few.

Description - A well presented period property which presents painted, rendered elevations with double glazing windows, beneath a tiled roof. The accommodation is spacious and flexible and briefly comprises on the ground floor; Entrance lobby, living room with log burner, dining room with French doors leading to the front garden additional family room, fitted kitchen with integrated appliances and stable style door to a private courtyard garden. Separate utility room and cloakroom WC. On the first floor there are 3 good sized bedrooms, one with an en-suite shower room and a family sized bathroom with bath and separate shower. Outside there is a further cottage style garden with raised beds, parking for 2/3 vehicles and a detached garage which may have scope to create further accommodation subject to planning. The layout of the accommodation with approximate dimensions is more clearly identified on the accompanying floorplan.

Ground Floor - ENTRANCE LOBBY with tiled floor, central staircase to first floor landing. Door off to SITTING ROOM – dual aspect room with windows to side and overlooking FRONT GARDEN, fitted carpet, understairs recess, Inglenook fireplace with log burner with Bressummer beam above, door leading into LOUNGE with door and window to side, wood effect flooring, doorway through to kitchen and door off to utility room. KITCHEN with matching wall and base units, integrated NEFF double oven and grill, induction hob with extractor over, wooden worktops with inset Belfast sink with mixer tap, tiled splashback, integrated fridge, window to rear and stable style door. UTILITY ROOM with space for white goods and free-standing fridge/freezer, inset 1 ½ sink and drainer with mixer tap, wall mounted units, cupboard housing gas boiler. CLOAKROOM/WC with opaque window, tiled floor, wall mounted handwash basin with tiled splashback. DINING ROOM off Kitchen and door to entrance lobby, French doors leading out to the front GARDEN.

First Floor - FIRST FLOOR LANDING – Loft access via hatch, fitted carpets. BEDROOM 1 with window to front, original wide floorboards, EN-SUITE SHOWER with tiled floor, heated towel rail, handwash basin with mixer tap, tiled shower and extractor fan. BEDROOM 2 with window to front, wood effect flooring. BEDROOM 3 with window to side, fitted carpets, vanity handwash basin with mixer tap and tiled splashback. BATHROOM with opaque window to rear, 4-piece white suite comprising: quadrant shower, panelled bath, low level WC and handwash basin, solid wood flooring, inset downlighting and extractor fan.

Outside - Mature FRONT GARDEN with sun terrace, lawn, pathway to Front door, mature shrubs and plants, enclosed REAR COURTYARD with paved terrace and raised decking, gated access, outside light and cold water tap, wood store, driveway parking for 2/3 vehicles, access via shared driveway with 2 other properties, with turning area. Further vegetable garden with raised beds, garden shed, DETACHED GARAGE with roller door, power and light.

Services - All mains services connected. Gas fired central heating

According to Ofcom, Ultrafast broadband is available at the property and there is the likelihood of coverage from several mobile phone networks. For more information please see the Ofcom website:

Directions - What3Words: ///zoos.highlighted.juror

Proceed out of Barnstaple on the A361 towards South Molton. Take the first turning right, signposted to Landkey. On entering the village, passing the church, the property can be found on the left hand side just after the turning to Acland Road. Parking can be found on street outside of the property on a first come, first serve basis. The driveway to the property is accessed to the right hand side via a shared driveway.

Lettings - If you are considering investing in a Buy To Let or letting another property, and require advice on current rents, yields or general lettings information to ensure you comply, then please contact a member of our lettings team on or rentals. .

Agent Details

Stags, Barnstaple

01271 441158

Next Steps?

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