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Allenstyle Road, Yelland, Barnstaple, Devon, EX31

South West

£325,000

Listed on 08/11/2025

Property details

Bedrooms
3
Type
Bungalow
Area
1163 sqft

Description

This three-bedroom detached bungalow presents a valuable opportunity for those looking to invest in a property with significant potential for modernization. Positioned on a generous corner plot in a tranquil residential area, the home features a private driveway and garage, along with well-established gardens that enhance its appeal. While it requires comprehensive updating throughout, it serves as an excellent blank canvas for creating a bespoke living space tailored to individual preferences. The layout includes a spacious living room, a practical kitchen, three adequately sized bedrooms, and a family bathroom. There is also potential for extension or reconfiguration (subject to planning approval), making it particularly appealing to families, downsizers, or investors seeking to maximize their return. With no onward chain, this property is a rare find in the sought-after location of North Devon, with convenient access to nearby towns and the stunning coastline of Instow. The local area offers various amenities and scenic walks, ensuring a pleasant lifestyle.

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Investment analysis

(EX31 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£279/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £50,000
Target Value
£408,992
10% above area average per sq ft
Potential ROI
+9.1%
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
6%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -6.6%
5 year growth: +2.3%
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

Allenstyle Road, Yelland, Barnstaple, Devon, EX31
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-11.0% since listed
£325,000£20,000(-5.8%)
19/03/2026
Current price
£345,000£20,000(-5.5%)
07/01/2026
£365,000Initial listing
08/11/2025

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