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Muddiford, Barnstaple

South West

£350,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
711 sqft

Description

Nestled in the idyllic Devon countryside, this two-bedroom cottage, Primrose Bank, offers a unique blend of rustic charm and potential for enhancement. Characterized by its stunning beamed ceilings and inviting inglenook fireplace, this property exudes warmth and traditional appeal. The spacious ground floor features an open-plan living/dining area with slate flooring that adds to its character, alongside a well-appointed kitchen. The first floor hosts two double bedrooms that capture sweeping views of the surrounding landscape, complemented by a modern bathroom fitted with a three-piece suite. Set on approximately two-thirds of an acre, the exterior boasts beautifully landscaped gardens that include large lawns, an elevated deck ideal for outdoor entertaining, and various outbuildings which create additional functional space. Importantly, this property is ripe for development; previous planning consent was granted in principle for expansion (subject to obtaining necessary approvals). This presents an exciting opportunity for buyers looking to create their dream countryside home while enjoying the tranquility of rural living.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +52.3% above area average per sq ft

+52.3%
This Property
£492/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£252,853
10% above area average per sq ft
Potential ROI
-35.2%
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

Muddiford, 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
£1,282
Based on a loan of £262,500 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