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Braunton

South West

£375,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
814 sqft

Description

Nestled at the top of a peaceful cul-de-sac on the outskirts of Braunton, this three-bedroom detached property presents significant potential for renovation and investment. While the home benefits from gas central heating and UPVc double glazing, it offers opportunities for updating that can enhance both its functionality and aesthetic appeal. Entering through a split-level hallway, you are greeted by a spacious living room that captures views towards Chapel Mount. This area flows seamlessly into a generously sized kitchen/diner, which is equipped with cabinetry that can be revitalized to suit modern tastes. The kitchen also features a door leading to the rear garden, providing ease of access for outdoor entertaining or gardening projects. Upstairs, the accommodation comprises three bedrooms, each with built-in cupboards and views that add charm to the living space. The family bathroom, while functional, is in need of modernization—ideal for those looking to personalize this home. The property sits slightly elevated within the cul-de-sac, benefiting from off-street parking alongside an attached garage. The front garden is laid to lawn with mature shrubs offering potential for landscaping enhancements. A side path leads from the house to the rear garden, which requires cultivation but holds promise for creating an inviting outdoor space. Chestnut Close provides a tranquil environment with limited through traffic, fostering a sense of community while still being conveniently close to village amenities. Residents enjoy easy access to local schools, shops, and recreational facilities—making it suitable for families or investors seeking long-term rental potential. With nearby transport links facilitating journeys to Barnstaple and beyond—including scenic beaches just a short drive away—the location enhances its appeal as both a residence and an investment opportunity. Overall, this property not only offers comfortable living but also invites its new owners to make their mark through thoughtful renovations and improvements. Viewing is recommended to fully appreciate its possibilities.

Investment Analysis

(EX33 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£461/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£364,562
10% above area average per sq ft
Potential ROI
-10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX33)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -3.7%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on EX33 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

Braunton
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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
£1,374
Based on a loan of £281,250 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.

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