4 Bed Detached House, Single Let, Barnstaple, EX31 3NE, £500,000

-, Barnstaple, EX31 3NE - 3 months ago

Sold STC
BTL
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£225K - £525K
Sold Prices/m²£2K/m² - £3.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.9K/m²

Value Estimate

£345,429

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

£825 - £825

Rent Estimate

£825

Running Costs/mo

£1,748

Cashflow/mo

£-922

Cashflow/yr

£-11,070

Gross Yield

2%

Local Sold Prices

17 sold prices from £225K to £525K, average is £325K. £2K/m² to £3.7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£415K01/210.91 miLyndwill House, Pound Meadow, High Bullen, Torrington, Devon EX38 7HW4
£465K07/230.91 miLyndwill House, Pound Meadow, High Bullen, Torrington, Devon EX38 7HW4
£525K05/230.91 miLea View House, Pound Meadow, High Bullen, Torrington, Devon EX38 7HW4
£310K03/211.75 mi3, St Andrews Close, Yarnscombe, Barnstaple, Devon EX31 3LB4
£395K04/232.55 mi4, Fairfax Way, Torrington, Devon EX38 7DA4
£400K06/232.56 mi14, Kingsmead Drive, Torrington, Devon EX38 7DD4
£512K01/232.57 miBeauregard, 5, Alscott Gardens, Alverdiscott, Barnstaple, Devon EX31 3QJ4
£430K10/212.57 mi3, Alscott Gardens, Alverdiscott, Barnstaple, Devon EX31 3QJ4
£295K04/232.6 mi23, Dartington Fields, Torrington, Devon EX38 7DL4
£340K03/232.61 mi3, Hopton Drive, Torrington, Devon EX38 7DE4
£325K03/222.64 mi9, Martins Close, Torrington, Devon EX38 7LG4
£305K12/202.64 mi4, Martins Close, Torrington, Devon EX38 7LG4
£225K02/212.65 mi2, Hoopers Way, Torrington, Devon EX38 7NS4
£260K01/212.65 mi30, Hoopers Way, Torrington, Devon EX38 7NS4
£250K02/212.69 mi60a, Burwood Road, Torrington, Devon EX38 7NQ4
£290K09/222.73 mi34, Burwood Road, Torrington, Devon EX38 7NE4
£235K10/202.95 mi27, Morton Drive, Torrington, Devon EX38 7AS4

Local Rents

1 rents from £825/mo to £825/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£82503/241.81 miSunnyside, Torrington, Devon3

Local Area Statistics

Population in EX31

25,086

Population in Barnstaple

48,982

Town centre distance

7.15 miles away

Nearest school

2.80 miles away

Nearest train station

3.63 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £500,000

December 12, 2024

Floor Plans

Description

  • Unique detached home +
  • Far reaching views +
  • Rural location +
  • Spacious rooms +
  • Backing on to farmland +
  • 4 Double bedrooms +
  • 3 Bathrooms +
  • Large garden +
  • Ample parking +
  • Flexible accommodation +

This unique detached home, surrounded by farmland, offers beautifully presented flexible accommodation perfect for families, multi-generational living or someone looking for a spacious, rural home. Entering the property via a conservatory style porch, perfect for leaving muddy boots after a long walk, but also a perfect spot to enjoy views over neighbouring fields. The hallway provides useful storage, a cloak room and stairs to the first floor. With a wide window giving views over the front garden the cosy living room has a wood burner as the focal point. The kitchen is fitted with a range of modern units and built in electric oven and hob with an extractor above, a breakfast bar provides a sociable hub and space for informal dining whilst enjoying views to the fields. Beyond the kitchen lies a fabulous dining room with vaulted ceiling and doors to the garden which really bring the outside in. Adjacent there is a large utility room with plumbing for washing machine, due to the size it could double as a home office. There are 2 double bedrooms to the ground floor and a full bathroom, the layout provides the opportunity to create a self contained space, perhaps for a relative or even AirBnB. To the first floor there is a spacious landing which gives access to the bedrooms. Bedroom 1 is a sizable room and has a range of built in wardrobes, there is a well fitted en suite shower room. There is a further bedroom which is currently used as a sitting room to make the most of the stunning views, a range of built in wardrobes have also been fitted and there is also an en suite to this room. Outside, there is a long driveway and ample parking which can accommodate around 8 cars, there is potential to build a double garage or even an additional dwelling if needed (STP). The gardens wrap around the property and are laid mainly to lawn, with sitting areas to both the front and rear for a guaranteed seat in the sun throughout the day. Location: The property is set in a fabulous, rural location, however it still has the benefit of being close to facilities, Great Torrington is just 3 miles away and boasts a supermarket, a range of independent shops, schools, the celebrated Plough Arts Centre, Rosemoor RHS Garden and even Dartington Crystal. Bideford is just 7 miles away and Barnstaple around a 15 minute drive. For those looking for an active outdoor life style there is surfing on the rugged North Devon coast, numerous public footpaths criss cross the beautiful countryside, with Exmoor nearby and Lorna Doone territory for a more strenuous walk or even a bike ride both and off road. For those looking for a quieter life the surrounding farm provides year round interest, watching the lambs in the Spring must be a highlight! Services: Mains water & electric, oil fired heating and private drainage. Solar panels keep down the energy costs. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South West & Wales

01202 145444

Next Steps?

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