2 Bed Flat, Single Let, Barnstaple, EX32 8NG, £115,000

118 Barton Road, Barnstaple, EX32 8NG - 2 views - a month ago

Leasehold
BTL
ROI: 5%
52 m²
+3 photos

ValuationUndervalued

Sold Prices£88K - £215K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

52 m²
Price/m²£2.2K/m²

Value Estimate

£128,934
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£625 - £1,100

Rent Estimate

£663

Running Costs/mo

£512

Cashflow/mo

£151

Cashflow/yr

£1,812

ROI

5%

Gross Yield

7%

Local Sold Prices

42 sold prices from £88K to £215K, average is £146K. £1.9K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£150K11/220.03 mi41, Otter Way, Barnstaple, Devon EX32 8PS2
£102K01/230.04 mi43, Otter Way, Barnstaple, Devon EX32 8PS2
£139K06/220.08 mi20, Stoat Park, Barnstaple, Devon EX32 8PT2
£127K12/220.08 mi23, Stoat Park, Barnstaple, Devon EX32 8PT2
£160K10/220.08 mi31, Stoat Park, Barnstaple, Devon EX32 8PT2
£120K05/230.23 mi55, East Park Road, Barnstaple, Devon EX32 8PL2
£127K04/210.35 mi55, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£170K01/230.36 mi61, Westacott Meadow, Barnstaple, Devon EX32 8QX2
£88K04/210.51 mi22, Brewer Road, Barnstaple, Devon EX32 8EX2
£162.5K07/220.51 mi11, Brewer Road, Barnstaple, Devon EX32 8EX2
£125K07/220.68 mi12, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£185K08/210.68 miFlat 3, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£153K09/210.68 miFlat 2, Westview Court, Constitution Hill, Barnstaple, Devon EX32 8DX2
£140K01/230.71 mi18, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£120K05/210.71 mi9, Hollowtree Court, Barnstaple, Devon EX32 9DL2
£145K11/210.87 miFlat 8, Portland Court, Victoria Road, Barnstaple, Devon EX32 9HF2
£185K02/230.89 mi46a, Silverwood Heights, Barnstaple, Devon EX32 7RJ2
£180K09/221.02 mi14, Hills View, Barnstaple, Devon EX32 8BN2
£118K06/221.06 miFlat 4, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£120K08/231.06 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£117K01/211.06 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£108K05/211.06 miFlat 10, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£122K02/231.06 miFlat 6, Alexandra Court, Alexandra Road, Barnstaple, Devon EX32 8AZ2
£155K06/231.07 mi19a, Summerland Street, Barnstaple, Devon EX32 8JH2
£119K12/201.08 miFlat 7, Ebberley Court, Alexandra Road, Barnstaple, Devon EX32 8BA2
£137.5K04/231.14 miTop Floor Flat, 37, Richmond Street, Barnstaple, Devon EX32 7DP2
£132K07/211.28 mi78, Bakery Way, Landkey, Barnstaple, Devon EX32 0LJ2
£115K09/211.32 mi14a - 14b, Joy Street, Barnstaple, Devon EX31 1BS2
£205K04/211.37 mi1, Coronation Street, Barnstaple, Devon EX32 7AY2
£178K07/211.47 miFlat 8, Park View, Pilton Causeway, Barnstaple, Devon EX32 7FB2
£136K08/211.51 mi85, Westaway Heights, Barnstaple, Devon EX31 1NR2
£145K11/211.52 mi58, Westaway Heights, Barnstaple, Devon EX31 1NR2
£147K12/201.52 mi75, Westaway Heights, Barnstaple, Devon EX31 1NR2
£150K11/201.52 mi74, Westaway Heights, Barnstaple, Devon EX31 1NR2
£160K07/221.53 mi36, Westaway Heights, Barnstaple, Devon EX31 1NY2
£180K02/211.58 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£186.8K10/221.58 mi87, Pilton Street, Barnstaple, Devon EX31 1PQ2
£175K07/211.73 miApartment 24, Cleave Point, Cleave Road, Sticklepath, Barnstaple, Devon EX31 2AT2
£168K03/221.8 miFlat 4, College Court, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BG2
£147K05/211.8 miFlat 2, College Court, Old Sticklepath Hill, Sticklepath, Barnstaple, Devon EX31 2BG2
£190K12/201.82 mi4, West End, Barnstaple, Devon EX31 1GL2
£215K06/222 mi8, Oaklands Gardens, Sticklepath, Barnstaple, Devon EX31 2EZ2

Local Rents

28 rents from £625/mo to £1.1K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£72503/240.11 miWoolbarn Lawn, Whiddon Valley, Barnstaple, Devon, EX322
£77504/250.12 mi-2
£69503/240.24 miSpeedwell Close, Whiddon Valley, Barnstaple, Devon, EX322
£80003/240.62 miLundy Close, Barnstaple, EX322
£87503/240.64 miWalton Way, Barnstaple2
£62504/240.79 miNewport Road, Barnstaple, Devon2
£82512/230.81 mi-2
£85012/240.81 mi-2
£80003/240.91 miAshleigh Road, Barnstaple, EX322
£92503/240.97 miChichester Close2
£78505/240.97 miLong Meadow Drive2
£85003/240.98 miLong Meadow Drive, Barnstaple2
£67504/241.03 miDoone House, Barnstaple, Devon2
£72504/241.03 miLong Meadow Drive, Barnstaple, Devon, EX322
£72504/241.03 miLong Meadow Drive, Barnstaple, Devon, EX322
£80004/241.07 mi-2
£1,10011/231.07 mi-2
£72504/241.15 miBarnstaple2
£85009/231.16 mi-2
£92504/241.16 miQueen Street, Barnstaple2
£92505/241.17 miQueen Street, Barnstaple2
£80001/241.17 mi-2
£95011/231.17 mi-2
£92504/241.18 miQueen Street, Barnstaple2
£1,10011/231.18 mi-2
£1,10009/241.18 mi-2
£92503/241.23 miRegent House, Queens Street2
£79502/251.24 mi-2

Local Area Statistics

Population in EX32

23,896

Population in Barnstaple

48,982

Town centre distance

1.35 miles away

Nearest school

0.30 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £115,000

March 27, 2025

Floor Plans

Description

  • No Chain +
  • Open Plan Living Space +
  • Freshly Redecorated +
  • Communal Parking +
  • Garden Space +
  • Gas Combi Boiler +
  • Extended Lease in 2017 +
  • Double Glazing Throughout +
  • New Flooring +

Recently redecorated with new flooring throughout, this home is move-in ready. This bright first floor flat features an open-plan living space, a well equipped kitchen, two double bedrooms, and a modern bathroom. The larger bedroom includes built-in wardrobes and a dressing table. Outside, there’s a communal car park and a lawned garden with space for planting or outdoor dining.

Spacious & newly redecorated two bedroom first-floor Flat on Barton Road.

Ascending the communal stairs, you enter this well presented first floor flat through a private porch, leading into a bright and airy open plan living space. This adaptable area offers ample room for a dining table, chairs, and sofa, allowing you to arrange it to suit your lifestyle.

The kitchen is well equipped with a range of both low and eye level cupboards, providing plenty of storage. Both bedrooms are generously sized doubles, with the larger room benefiting from built in wardrobes and a dressing table for added convenience.

The property features a modern three piece bathroom suite, including a bath, WC, and sink. An additional airing cupboard offers useful storage space.

To the outside, a communal car park is conveniently located nearby, ensuring easy parking. A pathway leads around to the communal garden, which is laid to lawn and offers potential for personal touches, whether you envision colourful flower beds, a vegetable patch, or a charming outdoor dining space.

Porch -

Open Plan Lounge Diner - 4.89m x 3.93m/5.39m (16'0" x 12'10"/17'8") -

Kitchen - 1.98m x 1.99m (6'5" x 6'6") -

Bedroom 1 - 2.76m x 3.38m (9'0" x 11'1") -

Bedroom 2 - 2.76m x 2.53m (9'0" x 8'3") -

Bathroom - 1.77m x 1.99m (5'9" x 6'6") -

Airing Cupboard -

Communal Parking -

Garden -

The property is ideally located within a short distance to Barnstaple Town Centre, the regional and administrative centre of North Devon. Situated in the valley of the River Taw, it is surrounded by beautiful rolling Devonshire countryside and some of the area’s best beaches and rugged coastal paths. 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 and restaurants. The vibrant town combines modern shopping amenities with a bustling market atmosphere. The popular golden sandy beaches of Woolacombe, Croyde and Instow within 5 miles of distance, perfect for outings with family and friends. The A361 North Devon Link Road provides convenient access to the M5 motorway, together with Barnstaple's train network giving easy access to Exeter central station and beyond.

Agent Details

Phillips, Smith & Dunn, Barnstaple

020 3870 5461

Next Steps?

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