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Yelland Road, Yelland, Barnstaple, EX31 - Image 1
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Yelland Road, Yelland, Barnstaple, EX31 - Image 3
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Yelland Road, Yelland, Barnstaple, EX31

South West

£420,000
Listed on 16/08/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1367 sqft

Description

This detached property presents a promising opportunity for renovation and investment, situated just 2 miles from the picturesque coastal village of Instow and within easy walking distance of Fremington’s local amenities. Known as Tor Eaves, this home has been cherished by its current owners for 23 years and is now ready for new occupants to infuse their personal touch while enjoying its scenic countryside and estuary views. The ground floor features versatile living spaces with two open-plan reception areas that can easily adapt to various needs. At the front, you will find a reading or sitting room, while the rear family lounge, complete with French doors leading to the patio, provides a relaxing environment ideal for entertaining or casual family gatherings. The spacious dining room is currently configured to accommodate a large table but could also serve as an additional bedroom or a study, depending on your requirements. The kitchen is in need of modernization but offers ample space for necessary appliances along with potential for creating a more contemporary layout. A convenient shower room rounds out the ground level, providing essential facilities without climbing stairs. Upstairs, the principal king-size bedroom stretches generously across the width of the house and includes built-in storage options as well as a working sink unit. Two additional bedrooms provide flexibility for guests or family members; one overlooks the garden while the other faces the front, both offering potential for creative uses such as an office or nursery. Although the bathroom requires updating, it retains functional elements that can be reimagined to suit modern tastes. Externally, there is parking available for several vehicles alongside double wooden gates that enhance privacy and security. The rear garden features a raised patio that transitions into a flat lawn bordered by mature trees and shrubs—a tranquil space perfect for relaxation and outdoor activities, all while enjoying views over fields toward the distant estuary. An outbuilding on the premises presents further investment potential; measuring approximately 8m x 3m, it is ideal for hobbies or workspace needs and could be transformed into an annex or holiday rental after obtaining planning approval. Fremington offers essential services including shops, schools, pubs, and more—a comprehensive range to meet daily needs—while nearby access points lead directly to scenic walks along the Tarka Trail. Public transport links enhance connectivity to Barnstaple Town Centre (4 miles away), known for its shopping and leisure choices. Meanwhile, Instow beach is only 2 miles away, providing an excellent destination for family outings. This property benefits from all mains services with recent upgrades including a new gas central heating

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£307/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£486,146
10% above area average per sq ft
Potential ROI
+3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.7%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on EX31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Yelland Road, Yelland, Barnstaple, EX31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,539
Based on a loan of £315,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE