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Appletree Close, Barnstaple, Devon, EX32 - Image 1
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Appletree Close, Barnstaple, Devon, EX32

South West

£250,000
Listed on 15/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1161 sqft

Description

This unique detached two-bedroom cottage offers an ideal opportunity for renovation and investment in a sought-after semi-rural area, just a short drive from Barnstaple's amenities. Nestled on a generous 0.23-acre plot, the property showcases charming features such as a cosy lounge with a wood burner, a spacious kitchen/diner, and a utility room with W/C. With its mature gardens and stunning countryside views, this home provides ample outdoor space for enhancements or landscaping projects. The interior is well-presented yet leaves room for modernization, particularly within the main bathroom that requires completion. Both bedrooms are generously sized and benefit from scenic views, promising potential for improved storage or configuration. A standout feature is the detached cabin/studio equipped with electricity, suitable for various uses from a home office to creative space or guest accommodation. Additionally, planning permission is secured for constructing a five-bedroom house on the grounds, offering exceptional possibilities for development or multi-generational living. With its combination of character and extensive potential, this property invites you to explore numerous avenues for refinement and expansion in this charming locale.

Investment Analysis

(EX32 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£215/sq ft
Area Average
£270/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£344,562
10% above area average per sq ft
Potential ROI
+11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EX32)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 1.4%
5 year growth: 14.9%
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

Appletree Close, Barnstaple, Devon, 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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