3 Bed Detached House, Single Let, Barnstaple, EX32 0JJ, £425,000

Manor Road, Landkey, Barnstaple, EX32 0JJ - 19 days ago

BTL
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£175K - £580K
Sold Prices/m²£2.1K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£298,586

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£550 - £1,500

Rent Estimate

£650

Running Costs/mo

£1,478

Cashflow/mo

£-828

Cashflow/yr

£-9,937

Gross Yield

2%

Local Sold Prices

21 sold prices from £175K to £580K, average is £266.5K. £2.1K/m² to £4.6K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£345K06/210 miAdelphia, Manor Road, Landkey, Barnstaple, Devon EX32 0JJ3
£195K07/230.05 mi35, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ3
£197.5K12/200.11 mi7, Church Lake, Landkey, Barnstaple, Devon EX32 0JS3
£295K08/210.11 mi8, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£175K09/210.11 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£185K04/210.11 mi31, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£221.5K04/230.11 mi3, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£196K02/210.12 mi6, Church Meadow, Landkey, Barnstaple, Devon EX32 0JB3
£241K11/220.12 mi21, Mazzard Close, Landkey, Barnstaple, Devon EX32 0LL3
£386.5K05/210.17 mi22, Cherry Tree Drive, Landkey, Barnstaple, Devon EX32 0UE3
£239K03/210.17 mi7, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£231.5K12/200.17 mi14, Barleycorn Fields, Landkey, Barnstaple, Devon EX32 0UD3
£292.5K04/230.17 mi2, Bramble Path, Landkey, Barnstaple, Devon EX32 0UG3
£500.3K12/220.22 mi16, Sloe Lane, Landkey, Barnstaple, Devon EX32 0UF3
£280K09/210.22 mi16, Castle Mill, Landkey, Barnstaple, Devon EX32 0FA3
£266.5K12/200.24 mi11, Denes Close, Landkey, Barnstaple, Devon EX32 0JD3
£580K05/230.27 mi4, The Orchards, Landkey, Barnstaple, Devon EX32 0QP3
£280K04/210.48 mi3, Bramley Meadow, Landkey, Barnstaple, Devon EX32 0PB3
£345K06/230.49 miDerrie, Tanners Road, Landkey, Barnstaple, Devon EX32 0NQ3
£410K06/210.58 mi6, Newlands Close, Landkey, Barnstaple, Devon EX32 0NH3
£260K05/210.61 mi8, Newlands, Landkey, Barnstaple, Devon EX32 0NJ3

Local Rents

52 rents from £550/mo to £1.5K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£1,30004/240.68 miHarford, Landkey3
£1,30004/240.68 miHarford, Landkey3
£69503/241.1 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£1,00004/241.1 miOak Tree Drive, Barnstaple3
£60004/241.25 mi1 Bedroom ground floor flat in Peards Down Close, Barnstaple1
£72503/241.39 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£80002/241.4 mi-1
£80011/241.68 mi-3
£92503/241.69 miChichester Close2
£80001/241.7 mi-1
£85003/251.7 mi-1
£65004/241.72 miLynwood House, Barnstaple, EX321
£65004/241.72 mi-1
£65004/241.72 mi-1
£62507/241.73 mi-1
£1,40002/251.73 mi-3
£1,40002/251.73 mi-3
£55004/241.73 miClarence Place, South Street, Barnstaple1
£62512/241.75 miSouth Street, Newport, Barnstaple, EX321
£80004/241.76 miBishops Tawton, Barnstaple2
£87503/241.77 miNorthcliffe, Bishops Tawton, Barnstaple3
£1,25009/231.77 mi-2
£1,15003/251.77 mi-2
£97506/241.79 mi-3
£97506/241.79 mi-3
£62504/241.81 miNewport Road, Barnstaple, Devon2
£82512/231.85 mi-2
£85012/241.85 mi-2
£1,50004/241.87 miGoodleigh, Barnstaple4
£80003/241.92 miLundy Close, Barnstaple, EX322
£87503/241.93 miWalton Way, Barnstaple2
£65003/241.94 miGloster Road, Barnstaple1
£1,40004/242.04 miNewport Road, Barnstaple, Devon, EX324
£92503/242.08 miMartin Road, Barnstaple, Devon, EX323
£55004/242.09 miRock Park Terrace, Barnstaple1
£80003/242.14 miAshleigh Road, Barnstaple, EX322
£99503/242.18 miSilverwood Heights, Barnstaple, Devon, EX324
£1,30011/242.22 mi-4
£1,10011/232.23 mi-2
£78505/242.27 miLong Meadow Drive2
£85003/242.28 miLong Meadow Drive, Barnstaple2
£67504/242.29 miDoone House, Barnstaple, Devon2
£85002/242.32 mi-1
£90003/242.32 mi-1
£90009/242.32 mi-1
£80002/252.32 mi-1
£85009/232.33 mi-2
£72504/242.33 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/242.33 miLong Meadow Drive, Barnstaple, Devon, EX322
£80001/242.33 mi-2
£95011/232.33 mi-2
£82501/242.34 mi-1

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

2.54 miles away

Nearest school

0.90 miles away

Nearest train station

2.50 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £425,000

February 27, 2025

Floor Plans

Description

  • Three Good Size Bedrooms +
  • Detached Family Home +
  • Driveway Parking & Garage +
  • Enclosed Rear Garden +
  • Spacious Living Accommodation +
  • Close To All Amenities & Transport Links +
  • Vendor Will Like Only Proceedable Potential Buyers +
  • Convenient & Popular Location +

The Property
Located in the pretty desirable village of Landkey, Mill Ridge is a stunning three bedroom detached home set-back from Manor Road in a lovely secluded position offering a perfect blend of modern comfort.

Immaculately presented throughout, this home is ideal for families, professionals or those looking to enjoy a peaceful lifestyle with excellent local amenities.

Property Features:-
A lovely south facing lounge with ample natural light with patio doors onto decking.
Modern kitchen with contemporary units, integrated appliances, plenty of storage with room for large freestanding fridge/freezer.

Three well proportioned bedrooms all with built-in wardrobes. The second bedroom on the ground floor currently a hobby room but versatile to be a dining room, playroom or work from home office.

Ground floor family bathroom with high-quality bath, large separate shower, w.c, floating handbasin with drawers under, wall cabinet, heated ladder radiator.

The Boiler Room houses mains combination boiler and solar panel unit with two batteries.

First floor shower with large shower, w.c, floating handbasin with drawers under, wall cabinet, heated ladder radiator.

From the landing and bedroom one there are large walk-in eaves storage.

Private secluded south facing garden with side gate access looks out to endless countryside views perfect for relaxing, entertaining.

The property has gas central heating and benefits from owning modern solar panels, which gives good returns.

Extra long garage with power, electric garage door and internal door from garage through two storage rooms, both with power leads to useful passage area with doors to kitchen, back garden and drive.

The driveway has ample off-road parking and accessed via private shared driveway with one neighbour.

Landkey is a pretty sought after village with well regarded primary school, popular pub, active village hall all within walking distance from the property.

Don’t delay contact us today to arrange a viewing!

Property Description
Agents Note - Please note that the vendor will like potential buyers in a proceedable position only to view

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Exeter

020 3907 0627

Next Steps?

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