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Babbages, Barnstaple, EX31

South West

£229,950
Listed on 05/06/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This 3-bedroom home in Bickington presents a unique opportunity for both homeowners and investors. Located on a peaceful cul-de-sac, the property offers a solid foundation for those looking to make their mark. With its history as a rental, it stands out as a promising buy-to-let option or an ideal starter home for families seeking a cozy retreat. The property is conveniently situated near local shops, pubs, and amenities, making it easy to enjoy the vibrant community of Bickington. For those who appreciate outdoor activities or beach outings, Instow beach is just a short drive away, providing residents with excellent recreational options. Additionally, Barnstaple—the regional hub—is only a couple of miles away, offering a wider variety of shopping and entertainment choices. Inside, the house features gas heating and double glazing throughout. The layout includes a welcoming hall, a comfortable lounge area, a functional kitchen, and three well-sized bedrooms along with a bathroom. While the home is ready for immediate occupancy with vacant possession available, there is significant potential for personalization through renovations that could enhance both living comfort and property value over time. This property represents an excellent opportunity to invest in an area with growth potential while also allowing you to infuse your own style into your living space. An early viewing is recommended to fully appreciate what this home has to offer.

Investment Analysis

(EX31 area)
Area Average
£323/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
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

Babbages, 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
£842
Based on a loan of £172,462 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