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Lovacott, Newton Tracey, Barnstaple, Devon, EX31

South West

£450,000
Listed on 30/05/2025

Property Details

Bedrooms
3
Type
Semi Detached House

Description

This charming three-bedroom semi-detached cottage is situated on more than two acres of land, presenting a promising renovation opportunity for those looking to invest in a rural lifestyle. While the property requires modernisation, it retains numerous original features that can be enhanced to create a distinctive home. The spacious outbuildings add substantial value, offering potential for conversion or additional storage and workshop space, appealing to buyers interested in versatile uses such as smallholding or equestrian activities. Nestled in the tranquil hamlet of Lovacott within North Devon's picturesque countryside, the cottage is within reach of essential amenities and key road links to nearby towns like Barnstaple and Bideford. This property not only offers privacy and room to expand—pending planning approval—but also invites you to embrace the peaceful countryside living with ample opportunities for outdoor pursuits in the surrounding areas.

Investment Analysis

(EX31 area)
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -5.3%
5 year growth: +10.0%
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

Lovacott, Newton Tracey, Barnstaple, Devon, EX31
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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
£1,623
Based on a loan of £337,500 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.

Price History

-5.3% since listed
£450,000£25,000(-5.3%)
28/10/2025
Current price
£475,000Initial listing
29/05/2025

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