2 Bed Flat, Single Let, Barnstaple, EX32 8QX, £160,000

39 Westacott Meadow, Barnstaple, Devon, EX32 8QX - 3 views - 5 months ago

Leasehold
BTL
54 m²
+11 photos

ValuationOvervalued

Sold Prices£88K - £205K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

54.12 m²
Price/m²£3K/m²

Value Estimate

£135,012

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£550 - £2,500

Rent Estimate

£519

Running Costs/mo

£624

Cashflow/mo

£-105

Cashflow/yr

£-1,258

Gross Yield

4%

Local Sold Prices

40 sold prices from £88K to £205K, average is £138.3K. £1.9K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£127K04/210 mi55, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£170K01/230.03 mi61, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£150K11/220.33 mi41, Otter Way, Barnstaple, Devon EX32 8PS2
£139K06/220.36 mi20, Stoat Park, Barnstaple, Devon EX32 8PT2
£160K10/220.36 mi31, Stoat Park, Barnstaple, Devon EX32 8PT2
£127K12/220.36 mi23, Stoat Park, Barnstaple, Devon EX32 8PT2
£102K01/230.37 mi43, Otter Way, Barnstaple, Devon EX32 8PS2
£120K05/230.55 mi55, East Park Road, Barnstaple, Devon EX32 8PL2
£88K04/210.85 mi22, Brewer Road, Barnstaple, Devon EX32 8EX2
£162.5K07/220.85 mi11, Brewer Road, Barnstaple, Devon EX32 8EX2
£132K07/210.96 mi78, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ2
£125K07/220.97 mi12, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£140K01/230.99 mi18, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£120K05/210.99 mi9, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£185K08/211.03 miFlat 3, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£153K09/211.03 miFlat 2, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£145K11/211.21 miFlat 8, Portland Court, Victoria Road, Barnstaple, Devon EX32 9HF2
£185K02/231.22 mi46a, Silverwood Heights, Barnstaple, Devon EX32 7RJ2
£180K09/221.37 mi14, Hills View, Barnstaple, Devon EX32 8BN2
£118K06/221.4 miFlat 4, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£120K08/231.4 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£117K01/211.4 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£108K05/211.4 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£122K02/231.4 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£155K06/231.41 mi19a, Summerland Street, Barnstaple, Devon EX32 8JH2
£113.5K10/201.42 miFlat 5, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£113.5K10/201.42 miFlat 5, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£113.5K10/201.42 miFlat 5, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£119K12/201.42 miFlat 7, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£137.5K04/231.49 miTop Floor Flat, 37, Richmond Street, Barnstaple, Devon EX32 7DP2
£115K09/211.66 mi14a - 14b, Joy Street, Barnstaple, Devon EX31 1BS2
£205K04/211.71 mi1, Coronation Street, Barnstaple, Devon EX32 7AY2
£178K07/211.81 miFlat 8, Park View, Pilton Causeway, Barnstaple, Devon EX32 7FB2
£136K08/211.84 mi85, Westaway Heights, Barnstaple, Devon EX31 1NR2
£145K11/211.84 mi58, Westaway Heights, Barnstaple, Devon EX31 1NR2
£147K12/201.84 mi75, Westaway Heights, Barnstaple, Devon EX31 1NR2
£150K11/201.84 mi74, Westaway Heights, Barnstaple, Devon EX31 1NR2
£160K07/221.85 mi36, Westaway Heights, Barnstaple, Devon EX31 1NY2
£180K02/211.93 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£186.8K10/221.93 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2

Local Rents

51 rents from £550/mo to £2.5K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£69503/240.11 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£1,00004/240.16 miOak Tree Drive, Barnstaple3
£60004/240.28 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£72503/240.45 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£80002/240.66 mi-1
£80011/240.77 mi-3
£80001/240.81 mi-1
£85003/250.81 mi-1
£1,40002/250.83 mi-3
£1,40002/250.83 mi-3
£80003/240.94 miLundy Close, Barnstaple, EX322
£87503/240.99 miWalton Way, Barnstaple2
£62512/241.06 miSouth Street, Newport, Barnstaple, EX321
£62504/241.08 miNewport Road, Barnstaple, Devon2
£55004/241.09 miClarence Place, South Street, Barnstaple1
£82512/231.1 mi-2
£85012/241.1 mi-2
£92503/241.13 miMartin Road, Barnstaple, Devon, EX323
£62507/241.13 mi-1
£65004/241.13 miLynwood House, Barnstaple, EX321
£65005/241.13 mi-1
£65005/241.13 mi-1
£92503/241.16 miChichester Close2
£65003/241.17 miGloster Road, Barnstaple1
£99503/241.2 miSilverwood Heights, Barnstaple, Devon, EX324
£1,30004/241.21 miHarford, Landkey3
£1,30004/241.21 miHarford, Landkey3
£80003/241.25 miAshleigh Road, Barnstaple, EX322
£1,40004/241.26 miNewport Road, Barnstaple, Devon, EX324
£78505/241.3 miLong Meadow Drive2
£85003/241.31 miLong Meadow Drive, Barnstaple2
£55004/241.31 miRock Park Terrace, Barnstaple1
£1,30011/241.33 mi-4
£1,50004/241.34 miGoodleigh, Barnstaple4
£72504/241.36 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/241.36 miLong Meadow Drive, Barnstaple, Devon, EX322
£67504/241.38 miDoone House, Barnstaple, Devon2
£80004/241.4 mi-2
£1,10011/231.41 mi-2
£1,20009/241.48 mi-3
£2,50001/251.48 mi-3
£1,50002/251.48 mi-3
£2,50002/251.48 mi-3
£72504/241.5 miBarnstaple2
£85009/231.5 mi-2
£85002/241.5 mi-1
£90003/241.5 mi-1
£90009/241.5 mi-1
£80002/251.5 mi-1
£80001/241.51 mi-2
£95011/231.51 mi-2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

1.69 miles away

Nearest school

0.10 miles away

Nearest train station

1.75 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £160,000

November 7, 2024

Sold for £129,950

2010

Sold for £130,000

2004

Sold for £59,950

2001

Floor Plans

Description

  • Two bedroom first floor apartment +
  • Presented in very good order throughout +
  • Spacious reception area with bay window +
  • Separate modern kitchen +
  • Ample off street parking available +
  • Quiet and popular residential area +
  • Convenient edge of town location +
  • Private and extensive communal gardens +
  • TO BOOK YOUR VIEWING, WHEN CALLING QUOTE REFERENCE: RY0585 +

TO BOOK YOUR VIEWING, WHEN CALLING QUOTE REFERENCE: RY0585 Accommodation Stepping into the front door there is a small lobby area with a useful storage cupboard to the left, before opening into the main hallway. Here, access is provided to the sitting room, two bedrooms and bathroom. On the right is the main bedroom with ample space for large wardrobes, while the second bedrooms is also a comfortable double room, both served by the bathroom on the opposite side of the hallway. This deceptively large room consists of a WC, wash basin and bath with shower over. In the hall there is also a further handy cupboard for storage.  Straight ahead is the sitting/dining room, which is a generous, sociable and spacious room, currently arranged with a large dining table and sofa suite. It also features a bay window to the front aspect, which allows the room to flood with light, while also adding a little character to this modern apartment. The upgraded kitchen is accessed from the reception room and is fitted with a variety of wall and base units and drawers. There is space for a washing machine and built in counter high fridge and separate counter high freezer, while there is also a fitted electric oven with gas hob and extractor canopy over. A boiler mounts the wall and a stainless steel sink/drainer slots underneath the window overlooking the communal gardens. Outside & Parking Parking is provided for aplenty, with unallocated bays directly outside the apartment door, and also two unrestricted car parks at either end of the building. Private communal gardens are behind the building, and are largely laid to lawn. A great space to enjoy for get-togethers in the summer months, and all maintained as part of the service charges of which are outlined below. Location Westacott Meadow is located within the convenient residential district of Westacott, on the edge of Barnstaple where the property advertised is quietly positioned in a no through road with a variety of other property types and styles. Within only a few minutes walk are various nature trails and paths through Whiddon Valley Woods, and picturesque walks through country lines and countryside that adjoins the development. Orchard Vale Community School is also within a couple of minutes walk from the property, positioning this as an ideal family home. A Tesco superstore, garden centre, corner shop and popular fish & chip shop are all within close walking distance, as is the town centre within around 20-30 minutes. Furthermore, there is a subway and popular cycle network connecting the town and surrounding area within a short walk from the property. Barnstaple itself is the regional centre of North Devon, and boasts numerous high street shops including Green Lanes Shopping Centre, various supermarkets, department stores, cinema, live theatre, numerous eateries and leisure facilities. The popular sandy surfing beaches of Saunton, Croyde and Woolacombe are within around 20-30 minutes drive, as is the border of Exmoor National Park. Whiddon Valley is particularly well located for the A361 network and beyond, taking you to the M5 and also Tiverton Parkway train station in around 45 minutes, where there is fast services to London Paddington. Other notable areas for further shopping include Exeter in around an hour's drive, and the Cornish border within about a 45 minute drive. Useful Information

  • Tenure - Leasehold
  • Lease length - 125 years commencing October 2001 (102 years remaining)
  • Ground rent - £25 every six months
  • Service charge - £1,270.80 per annum (paid in monthly installments of £105.90)
  • Heating - Gas central heating
  • Drainage - Mains
  • Windows - Double glazed throughout
  • Council Tax - Tax band B
  • EPC Rating - Current - C/77 / Potential - C/78
  • Seller's position - Looking for onward purchase

TO BOOK YOUR VIEWING, WHEN CALLING QUOTE REFERENCE: RY0585

Agent Details

eXp UK, South West

03304 609968

Next Steps?

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