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Home Farm Road, Fremington, Barnstaple, Devon, EX31 - Image 1
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Home Farm Road, Fremington, Barnstaple, Devon, EX31 - Image 3
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Home Farm Road, Fremington, Barnstaple, Devon, EX31 - Image 5
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Home Farm Road, Fremington, Barnstaple, Devon, EX31 - Image 7
Home Farm Road, Fremington, Barnstaple, Devon, EX31 - Image 8
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Home Farm Road, Fremington, Barnstaple, Devon, EX31

South West

£330,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1414 sqft

Description

This detached bungalow, located in a quiet and desirable area of Fremington, is positioned on a generous plot with significant potential for renovation and expansion (subject to planning permissions). With two spacious double bedrooms, the home offers a practical layout that can accommodate both comfortable living and future enhancements. The interior features a fitted kitchen/breakfast room that overlooks the mature rear garden, alongside an adjoining utility room for added convenience. The lounge and dining areas are designed to be bright and inviting, making them suitable spaces for family gatherings or entertaining guests. Additionally, the principal bedroom benefits from an en-suite bathroom, while a separate shower room serves the second bedroom and visitors alike. Outside, the property is noteworthy for its extensive triple tandem garage, which presents opportunities beyond mere vehicle storage — such as workshop use or possible conversion. The driveway provides ample off-road parking, enhancing the property's functionality. The large rear garden is predominantly laid to lawn and adorned with established shrubs, offering a serene retreat that invites outdoor enjoyment throughout the seasons. Given its size, it also opens up exciting prospects for landscaping or further development. Situated close to Fremington’s scenic estuary walks and convenient access to Barnstaple and nearby coastal areas adds lifestyle value to this investment opportunity. With its promising renovation potential and prime location, this bungalow represents an intriguing option for buyers looking to create their ideal home while capitalizing on future growth in one of North Devon's sought-after villages. Viewing is encouraged to fully appreciate what this property has to offer.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£233/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£502,861
10% above area average per sq ft
Potential ROI
+32.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.7%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on EX31 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

Home Farm Road, Fremington, Barnstaple, Devon, EX31
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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
£1,209
Based on a loan of £247,500 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