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Victoria Street, Barnstaple, Devon

South West

£318,500
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1653 sqft

Description

This extended semi-detached property in the sought-after Newport area of Barnstaple presents an excellent opportunity for renovation and investment. Spanning three levels, the home offers considerable flexibility with its five to six bedrooms and adaptable living spaces. The open-plan kitchen and dining area is designed for contemporary living, featuring quality fixtures and access to the garden through French doors. A separate sitting room boasts a high ceiling and a cozy wood burner, adding charm to the ground floor, which also includes a utility room and WC. On the first floor, you will find five generously sized bedrooms along with a modern family bathroom. The second floor features a loft room that has full planning permission for expansion, allowing for further enhancement of living space and potential value appreciation. The external areas comprise an enclosed low-maintenance garden with artificial turf, an expansive patio for outdoor gatherings, and a double garage. Notably, one half of the garage has been transformed into a fully insulated garden room, equipped with power and internet—ideal for remote working or as an artistic studio. Planning permission is also in place for altering and extending the garage, including plans for a mezzanine level to maximize utility. Newport remains one of Barnstaple's most appealing neighborhoods with its sense of community, proximity to schools, shops, parks, and various transport options linking to Exeter. This property offers significant potential for those looking to create a multi-generational family home or simply seeking future growth in value through careful renovations.

Investment Analysis

(EX32 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£193/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£487,668
10% above area average per sq ft
Potential ROI
+19.4%
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
16%
Properties sold annually

Local Market Trend (EX32)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +14.6%
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

Victoria Street, Barnstaple, Devon
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,149
Based on a loan of £238,875 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.

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