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Station Hill, Swimbridge, Barnstaple, EX32 - Image 1
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Station Hill, Swimbridge, Barnstaple, EX32

South West

£250,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
657 sqft

Description

Nestled in the scenic village of Swimbridge, Primrose Cottage presents a unique opportunity for buyers seeking a characterful detached home with substantial renovation potential. This two-bedroom cottage, set on an elevated plot of approximately one-third of an acre, offers captivating views over the surrounding Devon countryside. While the property requires updating, it provides a blank canvas to infuse your personal style and modernize its charm. Upon entering, you're greeted by a practical porch that sets the tone for this inviting home. The spacious living room features a striking ornamental fireplace that serves as a focal point. Adjacent to this area is the kitchen, equipped with ample storage, although it could benefit from modernization to enhance functionality. The utility room and well-sized bathroom complete the ground floor layout. Upstairs, both bedrooms boast picturesque views of Swimbridge and beyond—ideal for enjoying tranquil mornings. Outside, the slightly overgrown garden holds promise; it was once productive and thriving, providing ample space for landscaping or gardening projects. This property not only boasts considerable character but also potential for expansion—previous planning permission has been granted for alterations as noted in application number: 42172. With local amenities such as a primary school and award-winning pub within walking distance and easy access to Barnstaple and stunning coastal areas nearby, Primrose Cottage represents an exciting investment opportunity with no onward sales chain.

Investment Analysis

(EX32 area)

Above Market Value

This property is priced +39.4% above area average per sq ft

+39.4%
This Property
£381/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£197,225
10% above area average per sq ft
Potential ROI
-32.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX32)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -0.3%
5 year growth: 13.0%
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

Station Hill, Swimbridge, Barnstaple, EX32
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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
£916
Based on a loan of £187,500 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