3 Bed Terraced House, Single Let, Barnstaple, EX32 7HN, £180,000

7 Frankmarsh Park, Barnstaple, Devon, EX32 7HN - a month ago

BTL
ROI: 1%
70 m²
+8 photos

ValuationFair Value

Sold Prices£130K - £385K
Sold Prices/m²£1.2K/m² - £5K/m²

 

 

Square Metres

70 m²
Price/m²£2.6K/m²

Value Estimate

£179,268

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£730 - £2,500

Rent Estimate

£793

Running Costs/mo

£741

Cashflow/mo

£52

Cashflow/yr

£623

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £130K to £385K, average is £205.8K. £1.2K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£180K08/230.05 mi72, Lethaby Road, Barnstaple, Devon EX32 7HH3
£172K01/210.05 mi73, Lethaby Road, Barnstaple, Devon EX32 7HH3
£195K01/230.09 mi32, Poltimore Lawn, Barnstaple, Devon EX32 7HL3
£160K02/210.1 mi35, Churchill Close, Barnstaple, Devon EX32 7HJ3
£209K12/200.11 mi4, Silverwood Heights, Barnstaple, Devon EX32 7RJ3
£165K03/210.15 mi3, Meteor Walk, Barnstaple, Devon EX32 7HY3
£180K02/210.16 mi48, Long Meadow Drive, Barnstaple, Devon EX32 7RA3
£195K06/210.16 mi46, Long Meadow Drive, Barnstaple, Devon EX32 7RA3
£185K07/210.19 mi3, Martin Road, Barnstaple, Devon EX32 7EL3
£165K10/200.19 mi25, Martin Road, Barnstaple, Devon EX32 7EL3
£157K03/210.19 mi11, Martin Road, Barnstaple, Devon EX32 7EL3
£287K07/230.19 mi4, Weirside Way, Barnstaple, Devon EX32 7RB3
£180K06/230.2 mi15, Belmont Road, Barnstaple, Devon EX32 7HF3
£217K03/230.2 mi8, Belmont Road, Barnstaple, Devon EX32 7HF3
£278K11/220.2 mi5, Silverwood Heights, Barnstaple, Devon EX32 7RJ3
£185K10/210.24 mi39, Gorwell Road, Barnstaple, Devon EX32 7HS3
£210K07/210.24 mi27, Charles Dart Crescent, Barnstaple, Devon EX32 7EB3
£130K09/210.24 mi59, Charles Dart Crescent, Barnstaple, Devon EX32 7ED3
£295K03/210.25 miJasmine House, Goodleigh Road, Barnstaple, Devon EX32 7EQ3
£302K10/220.27 mi10, Grieg Drive, Barnstaple, Devon EX32 8AG3
£228K03/210.28 mi6, Grieg Drive, Barnstaple, Devon EX32 8AG3
£210K05/210.28 mi19, Grieg Drive, Barnstaple, Devon EX32 8AG3
£230K06/210.28 mi17, Grieg Drive, Barnstaple, Devon EX32 8AG3
£235K09/210.28 mi36a, Bicton Street, Barnstaple, Devon EX32 7EA3
£221K11/220.3 mi53, Bicton Street, Barnstaple, Devon EX32 7EA3
£218K03/210.3 mi6, Britten Drive, Barnstaple, Devon EX32 8AQ3
£235K01/230.31 mi37, St Marys Road, Barnstaple, Devon EX32 7EY3
£250K05/230.31 mi30, St Marys Road, Barnstaple, Devon EX32 7EY3
£202.5K08/210.31 mi15, Bicton Street, Barnstaple, Devon EX32 7DY3
£190K07/230.33 mi1, Harman Walk, Barnstaple, Devon EX32 8AL3
£250K07/230.33 mi43, Chanters Hill, Barnstaple, Devon EX32 8DW3
£345K10/220.33 mi67, Chanters Hill, Barnstaple, Devon EX32 8DE3
£385K09/210.35 mi17, Sunset Heights, Barnstaple, Devon EX32 8DH3
£310K03/210.35 mi36, Sunset Heights, Barnstaple, Devon EX32 8DH3
£307K06/210.35 mi8, Sunset Heights, Barnstaple, Devon EX32 8DH3
£195K11/220.36 mi31, Sunflower Road, Barnstaple, Devon EX32 7DU3
£148K07/230.36 mi37, Sunflower Road, Barnstaple, Devon EX32 7DU3
£202K02/210.39 mi9, Richmond Street, Barnstaple, Devon EX32 7DP3
£180K07/210.39 mi15, Richmond Street, Barnstaple, Devon EX32 7DP3
£164.5K12/200.39 mi2, Richmond Street, Barnstaple, Devon EX32 7DP3
£187.5K08/210.39 mi16, Richmond Street, Barnstaple, Devon EX32 7DP3
£136K12/200.4 mi10, Lower Gaydon Street, Barnstaple, Devon EX32 7DW3
£380K11/220.41 mi1, Langarron Park, Barnstaple, Devon EX32 8BT3
£180K02/210.41 mi9, Grosvenor Street, Barnstaple, Devon EX32 7DT3
£283K02/230.43 mi43, Carrington Terrace, Barnstaple, Devon EX32 7AF3
£195K09/210.43 mi41, Carrington Terrace, Barnstaple, Devon EX32 7AF3
£241K07/230.43 mi44, Carrington Terrace, Barnstaple, Devon EX32 7AF3
£217.5K04/210.44 mi12, Hawley Manor, Barnstaple, Devon EX32 8AP3
£170K01/210.44 mi5, Wimborne Terrace, Barnstaple, Devon EX32 7AN3
£275K10/220.45 mi11, Hawley Manor, Barnstaple, Devon EX32 8AP3

Local Rents

14 rents from £730/mo to £2.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£92503/240.19 miMartin Road, Barnstaple, Devon, EX323
£2,50001/250.39 mi-3
£2,50002/250.39 mi-3
£1,50002/250.39 mi-3
£1,20009/240.41 mi-3
£78505/240.5 mi-3
£78505/240.5 mi-3
£95004/240.54 miGranville Avenue, Barnstaple, Devon, EX323
£80011/240.58 mi-3
£1,00010/240.59 mi-3
£73005/240.63 miBoutport Street, Barnstaple, Devon3
£1,40002/250.94 mi-3
£1,40002/250.94 mi-3
£1,00004/241.19 miOak Tree Drive, Barnstaple3

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

0.75 miles away

Nearest school

0.30 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £180,000

February 11, 2025

Floor Plans

Description

  • A WELL-PRESENTED TERRACED PROPERTY HAVING BEEN RECENTLY REDECORATED THROUGHOUT +
  • 3 Bedrooms +
  • Bright & airy Lounge +
  • Kitchen / Diner opening to the Conservatory & rear garden +
  • 3-piece Bathroom suite with shower over the bath +
  • Downstairs WC +
  • Single En-bloc Garage +
  • Low-maintenance rear garden +
  • Far-reaching countryside views from the property rear +
  • Situated within close proximity to Barnstaple Town Centre +

This well-presented 3 Bedroom terraced property is situated within close proximity to Barnstaple Town Centre and has been recently redecorated throughout. Offered for sale with no onward chain, the home benefits from a Single En-bloc Garage and a spacious, light-filled interior.

The accommodation includes 3 well-proportioned Bedrooms and a 3-piece Bathroom suite featuring a shower over the bath. The Ground Floor boasts a bright and airy Lounge, while the Kitchen / Diner offers ample space for dining and leads directly to the Conservatory and rear garden. The Conservatory provides an excellent additional living space, ideal for a variety of uses. A downstairs WC adds further convenience.

The rear garden is arranged over 2 tiers, designed for low-maintenance with a combination of patio, lawn, and bedding borders, as well as side gated access. The front of the property benefits from a low-maintenance gravel garden with stepped access. The home also enjoys far-reaching views to the rear, enhancing its appeal.

This property presents an excellent opportunity for first time buyers, offering comfortable and well-proportioned living space in a sought after location.

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 Barnstaple, continue along Alexandra Road and the Inner Relief Road. Upon reaching the roundabout at Vicarage Street and Derby Road, take the third exit onto Derby Road. Follow this road through the traffic lights and take the next left hand turning onto Frankmarsh Road. Continue for a short distance taking the right hand turning into Frankmarsh Park to where number 7 will be situated on your left hand side with a numberplate and For Sale board clearly displayed.

Agent Details

Bond Oxborough Phillips, Barnstaple

01271 371234

Next Steps?

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