3 Bed Terraced House, Single Let, Barnstaple, EX32 8NL, £185,000

Litchdon Lane, Barnstaple, Devon, EX32 8NL - 1 views - 15 days ago

BTL
ROI: 1%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£125K - £385K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£187,613

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£730 - £2,500

Rent Estimate

£789

Running Costs/mo

£756

Cashflow/mo

£33

Cashflow/yr

£397

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £125K to £385K, average is £195K. £1.2K/m² to £3.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£165K05/210.07 mi8, Ceramic Terrace, Barnstaple, Devon EX32 8JD3
£204K03/230.09 mi14, Trinity Street, Barnstaple, Devon EX32 8HX3
£145K06/210.09 mi20, Trinity Street, Barnstaple, Devon EX32 8HX3
£125K08/210.16 mi12, Pulchrass Street, Barnstaple, Devon EX32 8JS3
£125K11/200.16 mi19, Pulchrass Street, Barnstaple, Devon EX32 8JS3
£200K12/210.16 mi18, Pulchrass Street, Barnstaple, Devon EX32 8JS3
£215K11/200.24 mi36, Fort Street, Barnstaple, Devon EX32 8BJ3
£260K11/220.25 mi11, Barbican Road, Barnstaple, Devon EX32 9HW3
£230K08/210.26 mi8, Ashleigh Road, Barnstaple, Devon EX32 8JX3
£195K03/230.28 mi7, Clifton Street, Sticklepath, Barnstaple, Devon EX31 2AZ3
£165K08/210.28 mi21, Clifton Street, Sticklepath, Barnstaple, Devon EX31 2AZ3
£315K04/210.33 miGlenavon, Barbican Lane, Barnstaple, Devon EX32 8LB3
£214K05/230.33 mi29, Broadfield Road, Barnstaple, Devon EX32 9JW3
£225K06/230.33 mi22, Broadfield Road, Barnstaple, Devon EX32 9JW3
£227K02/230.33 mi19, Gloster Road, Barnstaple, Devon EX32 9JR3
£182.5K05/210.34 mi16, Vicarage Lawn, Barnstaple, Devon EX32 7BW3
£180K02/210.35 mi9, Grosvenor Street, Barnstaple, Devon EX32 7DT3
£380K11/220.36 mi1, Langarron Park, Barnstaple, Devon EX32 8BT3
£150K05/210.36 mi7, Victoria Street, Barnstaple, Devon EX32 9HT3
£385K09/210.37 mi17, Sunset Heights, Barnstaple, Devon EX32 8DH3
£310K03/210.37 mi36, Sunset Heights, Barnstaple, Devon EX32 8DH3
£307K06/210.37 mi8, Sunset Heights, Barnstaple, Devon EX32 8DH3
£185K07/210.37 mi2, Victoria Close, Barnstaple, Devon EX32 9HX3
£177K02/230.37 mi1, Victoria Close, Barnstaple, Devon EX32 9HX3
£148K07/230.37 mi37, Sunflower Road, Barnstaple, Devon EX32 7DU3
£195K11/220.37 mi31, 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
£136K12/200.39 mi10, Lower Gaydon Street, Barnstaple, Devon EX32 7DW3
£172K03/210.39 mi10, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£184K12/200.39 mi9, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£212K07/230.39 mi12, Victoria Lawn, Barnstaple, Devon EX32 9HU3
£202.5K08/210.4 mi15, Bicton Street, Barnstaple, Devon EX32 7DY3
£158.5K02/210.41 mi9, Gloster Road, Barnstaple, Devon EX32 9JS3
£186K04/210.41 mi11, Gloster Road, Barnstaple, Devon EX32 9JS3
£180K06/230.41 mi4, Brookdale Terrace, Barnstaple, Devon EX32 9HZ3
£203K12/200.41 mi16, King Edward Street, Barnstaple, Devon EX32 7BE3
£200K07/210.41 mi22, King Edward Street, Barnstaple, Devon EX32 7BE3
£194K09/210.44 mi40, Portland Street, Barnstaple, Devon EX32 9JL3
£345K10/220.44 mi67, Chanters Hill, Barnstaple, Devon EX32 8DE3
£330K07/230.44 mi9, Highfield Close, Barnstaple, Devon EX32 8LG3
£185K04/210.44 mi44, Victoria Street, Barnstaple, Devon EX32 9JD3
£180K03/210.44 mi31, Coronation Street, Barnstaple, Devon EX32 7AZ3
£205K12/220.45 mi24, Portland Street, Barnstaple, Devon EX32 9JL3
£215K06/210.45 mi14, Coronation Street, Barnstaple, Devon EX32 7AY3
£310K02/210.46 mi15, Hayne Park, Barnstaple, Devon EX32 8DT3
£235K09/210.48 mi36a, Bicton Street, Barnstaple, Devon EX32 7EA3
£130K09/210.48 mi59, Charles Dart Crescent, Barnstaple, Devon EX32 7ED3

Local Rents

12 rents from £730/mo to £2.5K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,00010/240.16 mi-3
£73005/240.18 miBoutport Street, Barnstaple, Devon3
£78505/240.29 mi-3
£78505/240.29 mi-3
£1,20009/240.35 mi-3
£2,50001/250.39 mi-3
£2,50002/250.39 mi-3
£1,50002/250.39 mi-3
£95004/240.53 miGranville Avenue, Barnstaple, Devon, EX323
£92503/240.61 miMartin Road, Barnstaple, Devon, EX323
£1,35005/240.73 miWestfield Avenue, Barnstaple, Devon3
£80011/240.76 mi-3

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

0.22 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £185,000

March 3, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Proximity to Amenities +
  • Perfect First-Time Buy +
  • Income Potential +
  • Level Walk into Barnstaple Town Centre +
  • Three Good-Sized Bedrooms +
  • Premium Conveyancing +
  • Call Now To Book Your Viewing! +

Located just moments from Barnstaple town centre and a few steps from the riverfront, this well-positioned three-bedroom home is an ideal opportunity for first-time buyers or investors. Accessed via a side lane, the property opens into a welcoming hallway, where you'll find a downstairs WC and a door leading into the well-equipped kitchen. This space features a breakfast bar, built-in oven with gas hob, and room for a washing machine or dishwasher alongside space for a fridge. A handy under-stairs cupboard houses the electricity meters, and a rear door provides access to the shared patio area. The spacious lounge diner enjoys dual aspect windows, allowing plenty of natural light, making it a bright and inviting space. Upstairs, there are three well-proportioned bedrooms, two doubles and a generous single along with a modern shower room. Situated in an ultra-convenient location, this home offers easy access to local amenities, shops, restaurants, and transport links, all while being a short stroll from the picturesque riverfront. With no onward chain, this vacant property is ready for its next owner. Don't miss out and book a viewing today! 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 before 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. Local Shop - 0.2 miles // Local School - 0.6 miles Ashleigh C of E Primary School // Local Pub - 0.2 miles // Parking - On-Road Permit Parking Tenure - Freehold //

Agent Details

EweMove, Covering North Devon

01271 443777

Next Steps?

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