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

55 Westacott Meadow, Barnstaple, Devon, EX32 8QX - 3 months ago

Leasehold
BTL
~54 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

~53.80 m²
Price/m²£3K/m²

Value Estimate

£134,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,900

 

 

Cash Out

 

Rent Range

£550 - £2,500

Rent Estimate

£594

Running Costs/mo

£639

Cashflow/mo

£-45

Cashflow/yr

£-538

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 
£170K01/230.01 mi61, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£127K04/210.03 mi55, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£150K11/220.35 mi41, Otter Way, Barnstaple, Devon EX32 8PS2
£139K06/220.38 mi20, Stoat Park, Barnstaple, Devon EX32 8PT2
£160K10/220.38 mi31, Stoat Park, Barnstaple, Devon EX32 8PT2
£127K12/220.38 mi23, Stoat Park, Barnstaple, Devon EX32 8PT2
£102K01/230.39 mi43, Otter Way, Barnstaple, Devon EX32 8PS2
£120K05/230.56 mi55, East Park Road, Barnstaple, Devon EX32 8PL2
£88K04/210.87 mi22, Brewer Road, Barnstaple, Devon EX32 8EX2
£162.5K07/220.87 mi11, Brewer Road, Barnstaple, Devon EX32 8EX2
£132K07/210.93 mi78, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ2
£125K07/220.98 mi12, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£140K01/231 mi18, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£120K05/211 mi9, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£185K08/211.04 miFlat 3, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£153K09/211.04 miFlat 2, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£145K11/211.22 miFlat 8, Portland Court, Victoria Road, Barnstaple, Devon EX32 9HF2
£185K02/231.24 mi46a, Silverwood Heights, Barnstaple, Devon EX32 7RJ2
£180K09/221.39 mi14, Hills View, Barnstaple, Devon EX32 8BN2
£118K06/221.42 miFlat 4, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£120K08/231.42 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£117K01/211.42 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£108K05/211.42 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£122K02/231.42 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£155K06/231.42 mi19a, Summerland Street, Barnstaple, Devon EX32 8JH2
£113.5K10/201.44 miFlat 5, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£113.5K10/201.44 miFlat 5, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£113.5K10/201.44 miFlat 5, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£119K12/201.44 miFlat 7, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£137.5K04/231.51 miTop Floor Flat, 37, Richmond Street, Barnstaple, Devon EX32 7DP2
£115K09/211.68 mi14a - 14b, Joy Street, Barnstaple, Devon EX31 1BS2
£205K04/211.73 mi1, Coronation Street, Barnstaple, Devon EX32 7AY2
£178K07/211.83 miFlat 8, Park View, Pilton Causeway, Barnstaple, Devon EX32 7FB2
£136K08/211.87 mi85, Westaway Heights, Barnstaple, Devon EX31 1NR2
£145K11/211.87 mi58, Westaway Heights, Barnstaple, Devon EX31 1NR2
£147K12/201.87 mi75, Westaway Heights, Barnstaple, Devon EX31 1NR2
£150K11/201.87 mi74, Westaway Heights, Barnstaple, Devon EX31 1NR2
£160K07/221.88 mi36, Westaway Heights, Barnstaple, Devon EX31 1NY2
£180K02/211.95 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£186.8K10/221.95 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2

Local Rents

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

RentDateDistanceAddressBeds 
£69503/240.14 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£1,00004/240.19 miOak Tree Drive, Barnstaple3
£60004/240.3 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£72503/240.47 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£80002/240.67 mi-1
£80011/240.78 mi-3
£80001/240.83 mi-1
£85003/250.83 mi-1
£1,40002/250.85 mi-3
£1,40002/250.85 mi-3
£80003/240.97 miLundy Close, Barnstaple, EX322
£87503/241.01 miWalton Way, Barnstaple2
£62512/241.07 miSouth Street, Newport, Barnstaple, EX321
£62504/241.08 miNewport Road, Barnstaple, Devon2
£55004/241.1 miClarence Place, South Street, Barnstaple1
£82512/231.11 mi-2
£85012/241.11 mi-2
£62507/241.13 mi-1
£65004/241.14 miLynwood House, Barnstaple, EX321
£65005/241.14 mi-1
£65005/241.14 mi-1
£92503/241.15 miMartin Road, Barnstaple, Devon, EX323
£92503/241.16 miChichester Close2
£65003/241.18 miGloster Road, Barnstaple1
£1,30004/241.19 miHarford, Landkey3
£1,30004/241.19 miHarford, Landkey3
£99503/241.23 miSilverwood Heights, Barnstaple, Devon, EX324
£80003/241.27 miAshleigh Road, Barnstaple, EX322
£1,40004/241.27 miNewport Road, Barnstaple, Devon, EX324
£55004/241.32 miRock Park Terrace, Barnstaple1
£78505/241.32 miLong Meadow Drive2
£85003/241.33 miLong Meadow Drive, Barnstaple2
£1,30011/241.35 mi-4
£1,50004/241.36 miGoodleigh, Barnstaple4
£72504/241.39 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/241.39 miLong Meadow Drive, Barnstaple, Devon, EX322
£67504/241.4 miDoone House, Barnstaple, Devon2
£80004/241.42 mi-2
£1,10011/231.42 mi-2
£1,20009/241.5 mi-3
£2,50001/251.5 mi-3
£1,50002/251.5 mi-3
£2,50002/251.5 mi-3
£85009/231.52 mi-2
£85002/241.52 mi-1
£90003/241.52 mi-1
£90009/241.52 mi-1
£80002/251.52 mi-1
£72504/241.52 miBarnstaple2
£80001/241.52 mi-2
£95011/231.52 mi-2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

1.71 miles away

Nearest school

0.10 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £160,000

March 12, 2025

Listed for £165,000

January 18, 2025

Floor Plans

Description

  • A WELL-PRESENTED GROUND FLOOR FLAT +
  • 2 Bedrooms +
  • Bright & spacious Lounge / Diner +
  • Modern fitted Kitchen +
  • Bathroom with 3-piece white suite +
  • Communal gardens +
  • Ample communal parking +
  • A fantastic opportunity for first-time buyers or those seeking a buy-to-let investment in a highly sought after location +
  • Ideally positioned close to shops, schools, transport links & nearby public footpaths & countryside walks +

This well-presented 2 Bedroom Ground Floor flat offers a fantastic opportunity for first-time buyers or those seeking a buy-to-let investment in a highly sought after location. The property boasts a bright and spacious Lounge / Diner, providing a comfortable and welcoming living space. The modern fitted Kitchen is designed with both style and practicality in mind with ample storage and space and plumbing for white goods

There are 2 well-proportioned Bedrooms, ideal for a small family, professionals, or tenants. The Bathroom is equipped with a white 3-piece suite, including an electric shower over the bath, offering both convenience and comfort for family living.

Residents will appreciate the communal gardens to the rear of the property, perfect for relaxing outdoors. The ample communal parking ensures hassle-free parking with plenty of space available. The flat is ideally positioned close to all local amenities, including shops, schools, transport links and nearby public footpaths and countryside walks making it a highly practical choice.

With its attractive features, excellent location, and investment potential, this property represents a perfect opportunity for first-time buyers to step onto the property ladder or for investors looking to expand their portfolio.

Barnstaple Town Centre, the historic and regional centre of North Devon, is surrounded by beautiful countryside and some of the area’s best beaches. 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, restaurants and the North Devon District Hospital. The vibrant town combines modern shopping amenities with a bustling market atmosphere.

The A361 North Devon Link Road provides convenient access to the M5 motorway network and beyond. Exmoor National Park and North Devon’s famous surfing beaches at Croyde, Putsborough, Saunton (also with Championship golf course) and Woolacombe are all within about half an hour by car. The nearest International airports are at Bristol and Exeter.

Directions
From our Office on Boutport Street, proceed up Bear Street. At the traffic lights, turn right onto Alexandra Road. At the roundabout, take the first exit onto Barbican Road. At the next roundabout, take the first exit onto Victoria Road and continue along Eastern Avenue. At the next roundabout, take the first exit to stay on Eastern Avenue. At the next roundabout, take the first exit into Whiddon Drive. Continue onto Westacott Road and turn right into Westacott Meadow. Bear left and follow the road around to where the flats will be located on your left hand side. Continue to the bottom of the row to where number 55 will be located on your left hand side with ample parking available.

Agent Details

Bond Oxborough Phillips, Barnstaple

01271 371234

Next Steps?

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