3 Bed Terraced House, Single Let, Barnstaple, EX31 3DF, £250,000

2 Elmlea Avenue, Fremington, Barnstaple, Devon, EX31 3DF - a month ago

BTL
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£190K - £475K
Sold Prices/m²£2.7K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£303,080
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£625 - £2,195

Rent Estimate

£683

Running Costs/mo

£938

Cashflow/mo

£-255

Cashflow/yr

£-3,058

Gross Yield

3%

Local Sold Prices

28 sold prices from £190K to £475K, average is £287.5K. £2.7K/m² to £4.8K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£190K05/210.09 mi30, Oaklea Crescent, Fremington, Barnstaple, Devon EX31 3DE3
£370K02/210.1 mi29, Higher Road, Fremington, Barnstaple, Devon EX31 3BG3
£295K04/210.1 mi27, Higher Road, Fremington, Barnstaple, Devon EX31 3BG3
£340K12/200.19 mi3a, Barn Park Road, Fremington, Barnstaple, Devon EX31 3DN3
£280K11/200.19 mi7, Barn Park Road, Fremington, Barnstaple, Devon EX31 3DN3
£246K01/210.2 mi11, Thornlea Avenue, Fremington, Barnstaple, Devon EX31 3DA3
£252K01/210.24 mi26, Beards Road, Fremington, Barnstaple, Devon EX31 2PG3
£207K11/200.27 mi19, Heal Park Crescent, Fremington, Barnstaple, Devon EX31 3AP3
£195K07/210.27 mi12, Heal Park Crescent, Fremington, Barnstaple, Devon EX31 3AP3
£205K01/210.29 mi2, Cross Close, Fremington, Barnstaple, Devon EX31 3AN3
£285K11/200.3 mi18, Cross Close, Fremington, Barnstaple, Devon EX31 3AN3
£300K11/220.32 mi36, Merrythorn Road, Fremington, Barnstaple, Devon EX31 3AL3
£240K05/210.32 mi45, Merrythorn Road, Fremington, Barnstaple, Devon EX31 3AL3
£280K07/230.32 mi3, Merrythorn Road, Fremington, Barnstaple, Devon EX31 3AL3
£285K12/200.33 mi7, Regent Close, Fremington, Barnstaple, Devon EX31 2PN3
£375K08/230.33 mi21, Byeways Close, Fremington, Barnstaple, Devon EX31 2PL3
£365K06/230.33 mi12, Blakeland Road, Fremington, Barnstaple, Devon EX31 3AW3
£305K01/210.33 mi12, Blakeland Road, Fremington, Barnstaple, Devon EX31 3AW3
£320K04/210.37 mi5, Springfield Crescent, Fremington, Barnstaple, Devon EX31 2QB3
£325K12/200.4 mi1, Cleave Park, Fremington, Barnstaple, Devon EX31 2NS3
£475K02/210.4 mi20, Taw Meadow Crescent, Fremington, Barnstaple, Devon EX31 2QA3
£255K12/200.41 mi42, Yelland Road, Fremington, Barnstaple, Devon EX31 3DS3
£427K07/230.41 mi55, Yelland Road, Fremington, Barnstaple, Devon EX31 3DS3
£250K06/230.43 mi38, Sampson's Plantation, Fremington, Barnstaple, Devon EX31 3FF3
£290K03/230.43 mi60, Sampson's Plantation, Fremington, Barnstaple, Devon EX31 3FF3
£298K06/210.46 mi43, Taw View, Fremington, Barnstaple, Devon EX31 2NL3
£212K02/210.48 mi89, Sampson's Plantation, Fremington, Barnstaple, Devon EX31 3FJ3
£460K10/210.62 mi77, Yelland Road, Fremington, Barnstaple, Devon EX31 3DT3

Local Rents

22 rents from £625/mo to £2.2K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£1,27504/240.41 miTaw Meadow Crescent, Fremington, Barnstaple, Devon, EX313
£1,25002/240.77 mi-3
£1,25004/241.22 miHigher Gorse Road, Roundswell, Barnstaple1
£89512/231.23 mi-2
£75005/241.25 mi-2
£75005/241.25 miAnchor House, Bickington, Barnstaple, EX312
£1,20004/241.25 miRoundswell3
£1,15003/241.28 miYelland3
£62512/241.29 mi-1
£87504/241.38 miHele Rise, Roundswell, Barnstaple, Devon, EX312
£1,35005/241.44 mi-3
£69504/241.63 miMeadow Brook, Barnstaple, Devon1
£77503/241.84 miJuniper Court, Roundswell, Barnstaple2
£82504/241.85 miRowan Park, Barnstaple2
£85004/241.87 miRowan Park, Roundswell, Barnstaple, Devon, EX312
£2,19511/241.92 mi-4
£1,95001/241.97 mi-4
£67504/242.24 miBickington Road, Sticklepath, Barnstaple1
£90005/242.33 miPoyers, Wrafton, Braunton2
£1,35005/242.37 miWestfield Avenue, Barnstaple, Devon3
£1,50004/242.43 miAshford, Barnstaple3
£75004/242.44 miOld Sticklepath Hill, Sticklepath, EX312

Local Area Statistics

Population in EX31

25,086

Population in Barnstaple

48,982

Town centre distance

2.95 miles away

Nearest school

0.10 miles away

Nearest train station

2.81 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £250,000

March 12, 2025

Listed for £275,000

February 19, 2025

Floor Plans

Description

  • Terraced Property +
  • Bright And Spacious Living Room +
  • Well Proportioned Kitchen +
  • Master Bedroom +
  • Two Further Bedrooms +
  • Family Bathroom +
  • Utility Room +
  • Sought After Fremington Location +
  • Rear Garden +
  • Close Proximity To School +

‘Looking for a large back garden? Look no further’. John Smale & Co are absolutely delighted to offer to the market this 3 BEDROOM, TERRACED FAMILY HOME situated in the popular residential area of Fremington. Offering spacious family accommodation as well as a fantastic REAR GARDEN and off street parking and being only a short drive from both Instow and Barnstaple. The accommodation comprises of a main ENTRANCE HALL leading to LIVING ROOM, DINING ROOM, KITCHEN and stairs leading to the first floor. The DINING ROOM benefits from a large front aspect window, making the room very bright. In the galley style KITCHEN there is plenty of work top and cupboard space, as well as lots of room for base level units and integrated appliances. Attached to the KITCHEN is an ever-useful UTILITY ROOM, which again offers great space for appliances, with worktop space and has a pantry cupboard installed and side entrance door leading to the front of the property. There is also a door leading to the REAR GARDEN. The LIVING ROOM is well proportioned and bright, featuring a front facing window and tall doors leading to the REAR GARDEN. There is plenty of room for a furniture suite and has a working wood burner. The First floor accommodation comprises of a MASTER BEDROOM, TWO FURTHER BEDROOMS and a FAMILY BATHROOM. The MASTER BEDROOM is a great sized double with both front and back aspect windows, built-in cupboard space and plenty of room for furniture. BEDROOM TWO is a generously proportioned double with built-in cupboard and front facing window. BEDROOM THREE is again a well proportioned double, which is nice and bright and benefits from a front facing window. Plenty of space in here for any furniture. The FAMILY BATHROOM is well proportioned and features a shower, wash basin, low level W/C and heated towel rail. The property benefits from a PAVED DRIVEWAY with parking for two cars. To the rear, there is a generously sized garden with a mix of lawn, shrubs and paving making for a lovely outside space. There is also an outside W/C.

Agent Details

John Smale & Co, Barnstaple

01271 443504

Next Steps?

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