2 Bed Terraced House, Single Let, Barnstaple, EX31 4TA, £175,000

Furze Park Road, Bratton Fleming, Barnstaple, Devon, EX31 4TA - 2 months ago

BTL
ROI: 2%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£157.5K - £335K
Sold Prices/m²£3K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£157,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£800 - £800

Rent Estimate

£800

Running Costs/mo

£727

Cashflow/mo

£73

Cashflow/yr

£878

ROI

2%

Gross Yield

5%

Local Sold Prices

5 sold prices from £157.5K to £335K, average is £262K.

PriceDateDistanceAddressBeds 
£157.5K02/210.02 mi63, Furze Park Road, Bratton Fleming, Barnstaple, Devon EX31 4TA2
£205K11/220.11 mi6, Station Road, Bratton Fleming, Barnstaple, Devon EX31 4TZ2
£287K05/210.13 mi2, Meadow Close, Bratton Fleming, Barnstaple, Devon EX31 4RH2
£335K06/230.15 mi15, Fairfield, Bratton Fleming, Barnstaple, Devon EX31 4RX2
£262K04/210.15 mi5, Fairfield, Bratton Fleming, Barnstaple, Devon EX31 4RX2

Local Rents

3 rents from £800/mo to £800/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80005/240.98 miBratton Fleming, Barnstaple, North Devon, EX312
£80005/240.98 miBratton Fleming, Barnstaple, North Devon, EX312
£80004/241.95 mi-1

Local Area Statistics

Population in EX31

25,086

Population in Barnstaple

48,982

Town centre distance

5.96 miles away

Nearest school

0.10 miles away

Nearest train station

6.24 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £175,000

February 3, 2025

Floor Plans

Description

  • ATTENTION FIRST-TIME BUYERS +
  • Countryside Village Setting +
  • Charming Property +
  • Local School Close By +
  • Two Double Bedrooms +
  • Call Now to Book Your Viewing! +

Nestled in the heart of the picturesque village of Bratton Fleming, this charming two-bedroom terraced home offers a cosy and inviting living space, perfect for first-time buyers or a small family. As you step into the porch, there's a convenient area for shoes before entering the welcoming living room. This well-proportioned space features a wood burner, a delightful reading nook, a handy storage cupboard, and ample room for a comfortable seating area. Leading off the living room is a well-equipped kitchen with generous storage, space for an oven, dishwasher, and a tall fridge freezer. To the rear, a practical utility area provides room for a washing machine and tumble dryer, with access to the low-maintenance rear garden. The garden is a lovely outdoor retreat, complete with storage space. Upstairs, the master bedroom is a spacious double with two good-sized storage cupboards and views over the garden. Adjacent is the family bathroom, featuring a shower over the bath. The second bedroom can comfortably accommodate two single raised beds or serve as a perfect double bedroom. Situated in a desirable village location, this property offers the best of both worlds—peaceful countryside living with a strong local community. An excellent opportunity for those looking to step onto the property ladder. The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process. The legal pack includes: • Evidence of title • Standard searches (regulated local authority, water & drainage & environmental) • Protocol forms and answers to standard conveyancing enquiries  The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer buys the searches provided in the pack which will be billed at £360 inc VAT upon completion.

Tenure - Freehold // Local Pub - 3.8 miles // Local School - Bratton Fleming Primary School 0.2 miles // Local Shop - 0.2 miles // Parking - On-street Parking

Agent Details

EweMove, Covering North Devon

01271 443777

Next Steps?

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