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Victoria Street, Barnstaple EX32

South West

£165,000

Listed on 07/04/2025

Property details

Bedrooms
3
Type
Terraced House
Area
914 sqft

Description

This three-bedroom mid-terraced house offers significant potential for modernization and customization, located conveniently in Newport and within walking distance to Barnstaple town centre. Ideal for families or property investors, the home is positioned near well-regarded schools, making it attractive for long-term living or rental opportunities. The layout includes a separate lounge and dining room, providing flexible spaces that can be tailored to your needs. The kitchen at the back of the house has ample counter space, perfect for culinary endeavors or entertaining guests. The first floor boasts three spacious bedrooms along with a shower room, while a loft space equipped with electrics and running water presents additional possibilities for expansion. Outside, the low-maintenance courtyard garden offers a cozy spot for relaxation or outdoor entertaining, with plenty of potential for landscaping enhancements. A generously sized garage at the rear adds valuable storage options, enhancing the property's appeal. Though some general modernisation is necessary, this home stands as an exciting canvas for buyers eager to create a personalized family residence in a desirable location.

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Investment analysis

(EX32 area)

Below Market Value

This property is priced -33.6% below area average per sq ft

-33.6%
Potential saving
This Property
£181/sq ft
Area Average
£272/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£273,318
10% above area average per sq ft
Potential ROI
+33.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX32)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -1.9%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on EX32 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

Victoria Street, Barnstaple EX32
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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