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Allenstyle Road, Yelland, Barnstaple, Devon, EX31

South West

£365,000
Listed on 09/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1163 sqft

Description

This three-bedroom detached bungalow presents a valuable opportunity for renovation and investment, situated in a peaceful residential area on a generous corner plot. With a private driveway and garage, the property offers practical amenities while inviting potential buyers to reimagine its layout and design. The home features a spacious living room, a functional kitchen, and three comfortably sized bedrooms alongside a family bathroom. Although the interior has not been updated in recent years, it serves as an ideal blank canvas for those wishing to modernize or expand the space—subject to planning permission. The potential for enhancement makes this property suitable for families looking for their forever home, downsizers seeking single-level living, or investors eyeing future returns. Located within reach of local transport options, residents will benefit from easy access to regular bus services that connect to Barnstaple and Bideford, where various shops and leisure facilities can be found. The picturesque coastal village of Instow is just a short drive away, offering sandy beaches, inviting pubs and restaurants, as well as opportunities for outdoor activities along the Tarka Trail. Conveniently located near the A361 North Devon link road allows straightforward travel towards Tiverton and connections to the M5 motorway at Junction 27. Mainline rail services are available at Tiverton Parkway with direct routes to London Paddington taking approximately two hours. Additionally, Exeter’s international airport is within 45 miles. Barnstaple serves as North Devon's historic regional center, providing an extensive array of commercial and recreational amenities including banking services, educational institutions, theaters, cinemas, and diverse shopping experiences that blend modern convenience with traditional market charm. The abundant sandy beaches of Westward Ho!, Saunton, Croyde, and Woolacombe are also easily accessible from this location. This property stands out not only for its current state but also for its remarkable investment potential in such a desirable setting.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£314/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£412,382
10% above area average per sq ft
Potential ROI
-0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +3.9% over the last 12 months
3 year growth: -4.2%
5 year growth: 11.7%
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.

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Location

Allenstyle Road, Yelland, Barnstaple, Devon, EX31
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