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Pail Park, Knowle, North Devon, EX33

South West

£320,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1078 sqft

Description

This 3-bedroom semi-detached home, located in the desirable village of Knowle, presents a noteworthy opportunity for those interested in renovation and investment. The property features a spacious layout and is situated on an elevated plot, providing a pleasant outlook along with a substantial rear garden that gently slopes towards open fields. This outdoor space is ideal for families, gardening enthusiasts, or anyone desiring room to explore. Inside, the home offers a bright dual-aspect lounge, which is enhanced by a feature fireplace, creating a welcoming atmosphere. The kitchen/diner is generously sized and comes equipped with a range cooker and walk-in pantry, providing ample space for culinary endeavors. A side lobby leads to useful utility and cloakroom facilities, while the first floor hosts three well-proportioned bedrooms. The modern wet room includes essential fixtures such as an electric shower, WC, and basin. Recent updates include a new roof and gas combi boiler installed approximately three years ago, along with full double glazing throughout the property. With no onward chain, this home allows for straightforward logistics for prospective buyers. The potential for further development exists here as well; subject to planning permission, there may be opportunities to extend or reconfigure spaces to better suit individual needs or add value over time. Knowle itself is nestled in North Devon's scenic countryside and offers a tranquil lifestyle while being conveniently close to Braunton and the stunning North Devon coastline. The area boasts rolling hills and picturesque walking paths perfect for outdoor enthusiasts while maintaining accessible road links to Barnstaple and other nearby towns. With local amenities just a short drive away, this property harmonizes rural charm with practical living conditions—making it an attractive option for both first-time buyers and those looking to invest in their next project.

Investment Analysis

(EX33 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£297/sq ft
Area Average
£407/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£482,798
10% above area average per sq ft
Potential ROI
+42.0%
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

Pail Park, Knowle, North Devon, EX33
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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
£1,172
Based on a loan of £240,000 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