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Park Close, Fremington, Barnstaple, EX31

South West

£280,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1141 sqft

Description

This three-bedroom, link-detached property is situated in the desirable Park Close area of Fremington, offering both a spacious interior and a promising opportunity for renovation. The home features larger-than-average reception areas, enhancing its appeal for family living or entertaining. With a south/west facing rear garden that requires minimal maintenance, outdoor space is readily accessible for relaxation and enjoyment. While the property currently needs general redecoration throughout, this presents an exciting chance for buyers to put their own stamp on the space, tailoring it to their personal tastes and lifestyle. Additionally, being sold with no onward chain simplifies the purchasing process, making it an attractive option for both homeowners and investors looking to add value through modernization. The accommodation layout includes a welcoming hallway that leads to a cloakroom complete with a shower. The main living area comprises a bright lounge that flows into a dining room or second sitting area—a versatile configuration capable of adapting to various furniture arrangements. A patio door connects these receptions to the sunny back garden, creating an inviting flow between indoor and outdoor environments. Upstairs, you will find two generously sized double bedrooms alongside a third single bedroom and a bathroom. The front of the property features a lawn area complemented by off-road parking for two vehicles, in addition to a garage equipped with an electric roller door. Notably, the home benefits from owned solar panels paired with a storage battery, contributing to energy efficiency. Park Close enjoys its location within Fremington—a community-oriented village equipped with essential amenities such as primary schools, shops, dining options, and health services all within walking distance. The proximity to the beautiful coastal area of Instow adds recreational opportunities, including beach access and local eateries. Fremington is well-connected by public transport that provides easy access to Bideford and Barnstaple—both towns offering vibrant shopping experiences and leisure facilities amidst beautiful countryside views. The nearby A361 North Devon Link Road offers convenient travel routes towards major road networks and some of Devon's renowned sandy beaches like Saunton, Woolacombe, and Croyde. In summary, this property not only offers comfortable living space but also significant potential for those looking to invest in renovations while enjoying the benefits of an enviable location in North Devon.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£245/sq ft
Area Average
£323/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£405,774
10% above area average per sq ft
Potential ROI
+39.9%
After renovation
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

Park Close, Fremington, 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
£1,026
Based on a loan of £210,000 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