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School Close, Fremington, Barnstaple

South West

£325,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1191 sqft

Description

This 3-bedroom detached chalet bungalow is situated in a tranquil cul-de-sac in Fremington, presenting an opportunity for renovation enthusiasts. The property is being sold with no onward chain, allowing for a smooth transition for prospective buyers looking to invest and personalize their living space. While the home provides versatile accommodation, it would benefit from modernization, making it an excellent canvas for those eager to implement their design vision. On the ground floor, the spacious living room features a unique circular window, a built-in display cabinet with lighting, and a cozy gas fireplace set against an elegant wooden surround and marble hearth. A comfortably sized double bedroom with built-in storage and a separate dining room overlooking the rear garden enhance the functional layout. The kitchen comes equipped with ample cupboard space and plumbing for essential appliances, while the bright garden room opens directly onto the outdoor space. The downstairs is completed by a shower room and an additional WC. Upstairs, two further double bedrooms are available, each with useful eaves storage; one also includes a wash basin for added convenience. Outdoors, the enclosed rear garden offers privacy and features a raised pond alongside seating areas that are perfect for enjoying morning coffee or evening relaxation. This garden is enhanced by mature apple and pear trees as well as soft fruit bushes, alongside practical amenities like a greenhouse and storage shed. Additionally, off-street parking is available via the single garage and driveway. Overall, this property presents great potential not just for personal touches but also as a sound investment opportunity in a desirable South West location.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£273/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£426,045
10% above area average per sq ft
Potential ROI
+21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -5.8%
5 year growth: 10.6%
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

School Close, Fremington, Barnstaple
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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
£1,191
Based on a loan of £243,750 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