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Barris View, Lapford

South West

£175,000
Listed on 16/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
796 sqft

Description

This mid-terrace property, positioned on the outskirts of the quaint village of Lapford, presents a promising opportunity for both renovation and investment. Offering two well-proportioned bedrooms alongside a functional kitchen/breakfast room, sitting room, conservatory, and essential cloakroom and bathroom facilities, this home is ripe for modernisation. The layout facilitates a comfortable living space across two levels with ample natural light and attractive views over the Yeo Valley. The property's condition is fair but would greatly benefit from updating; specifically, the kitchen and bathroom suites are in need of replacement, while a fresh coat of paint and new carpeting throughout would transform the ambiance. The exterior includes generously sized gardens at both the front and rear, enhancing its appeal further with additional garden sheds and workshop areas for versatile use. The locality's amenities include a primary school, shop, garage, and pub in Lapford itself, with Crediton offering more extensive retail services within seven miles. Furthermore, Exeter is conveniently located approximately 17 miles away, providing significant cultural, educational, and recreational opportunities as well as excellent transport links. This home is an ideal candidate for those looking to invest in property with potential for appreciation post-refurbishment.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -27.7% below area average per sq ft

-27.7%
Potential saving
This Property
£220/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£266,270
10% above area average per sq ft
Potential ROI
+36.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -10.6%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on EX17 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

Barris View, Lapford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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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