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Blakes Hill Road, Landkey, Barnstaple, North Devon

South West

£300,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1261 sqft

Description

This property presents a distinctive opportunity for renovation and investment, set in the heart of Landkey. Entering through a small porch, you are greeted by a sitting room that retains charming period features, including rugged stone walls and a feature fireplace that add character. The ground floor currently accommodates a double bedroom but offers flexibility to transform this space into an office, snug, or hobby room. Adjacent is a cozy dining area with ample room for furnishings and views of the rear garden. The compact kitchen is functional but could benefit from modern updates to enhance usability and style. Upstairs, the landing leads to three bedrooms, each with pleasant rural views. The main bedroom is particularly spacious, providing multiple options for layout modifications or enhancements. A well-equipped four-piece bathroom suite adds convenience but may need refreshing. The outdoor space is where significant potential lies. The sizeable garden includes a small patio area leading to a lawn, bordered by shrubs and fencing that can be reworked to maximize enjoyment of the scenic views. Current storage sheds at the bottom of the garden could be reimagined into more functional spaces. Nestled in a village known for its amenities and community spirit, this property not only offers comfortable living but also ample scope for investments aimed at improving value and living experience.

Investment Analysis

(EX32 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£238/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£378,540
10% above area average per sq ft
Potential ROI
+11.3%
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

Blakes Hill Road, Landkey, Barnstaple, North Devon
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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
£1,099
Based on a loan of £225,000 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