Worst House on the Street Logo
Victoria Street, Barnstaple, Devon, EX32 - Image 1
Victoria Street, Barnstaple, Devon, EX32 - Image 2
Victoria Street, Barnstaple, Devon, EX32 - Image 3
Victoria Street, Barnstaple, Devon, EX32 - Image 4
Victoria Street, Barnstaple, Devon, EX32 - Image 5
Victoria Street, Barnstaple, Devon, EX32 - Image 6
Victoria Street, Barnstaple, Devon, EX32 - Image 7
Victoria Street, Barnstaple, Devon, EX32 - Image 8
Victoria Street, Barnstaple, Devon, EX32 - Image 9
Victoria Street, Barnstaple, Devon, EX32 - Image 10

Victoria Street, Barnstaple, Devon, EX32

South West

£195,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
765 sqft

Description

Nestled in the sought-after Newport area of Barnstaple, this three-bedroom mid-terraced house presents a promising renovation project for those eager to infuse their personal style. The layout includes a living room and a separate dining room, with the kitchen situated towards the back of the property, offering potential for an open-concept design. On the upper level, you will find two generously-sized double bedrooms alongside a single bedroom and a family bathroom. While the interior is currently in need of modernization, this offers a unique chance for buyers—whether first-time homeowners or seasoned investors—to create a space that truly reflects their vision. The rear courtyard garden is fully enclosed, providing privacy and potential for outdoor enhancements. Additionally, access through the back gate allows for convenient entry and exit. This property benefits from its central location, making it easy to access local amenities and transportation links that connect you to other parts of Barnstaple. With no onward chain involved, this home is ready for its next chapter. The investment potential is significant; based on current market trends, achievable rental income estimates hover between £895 and £950 per month after necessary updates. Completing renovations may not only increase the property's value but also its appeal in today’s competitive rental market. For those looking for a project in an attractive area with great connectivity and community offerings, this property stands out as an inviting opportunity waiting to be transformed into something special.

Investment Analysis

(EX32 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£255/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£229,645
10% above area average per sq ft
Potential ROI
-2.3%
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

Victoria Street, Barnstaple, Devon, EX32
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE