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Springfield Road, Bickington, Barnstaple

South West

£165,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
739 sqft

Description

A unique opportunity awaits cash buyers at this 3-bedroom terraced home located in the popular village of Fremington. This property is in need of comprehensive modernization, presenting an ideal prospect for investors or those looking to undertake a full refurbishment project in a desirable residential area. The layout begins with a welcoming reception porch that leads into a spacious living and dining room, characterized by a large front-facing window that fills the space with natural light. Ascending the stairs, you'll find three bedrooms on the first floor, including two well-sized doubles and a versatile single room suitable for use as an office. A 3-piece bathroom accommodates these rooms. The kitchen at the rear of the property comes equipped with fitted units offering ample storage, which then connects through to a rear porch providing access to a generous garden featuring mature shrubs and an apple tree—perfect for cultivating an inviting outdoor retreat. It's worth noting that while mains water and drainage are connected and gas is available, there is currently no central heating system in place. Additionally, some floor damage from a historic water leak will require attention. This property is not only positioned in a highly sought-after location but also presents great potential for value enhancement through renovation. Early viewing is advised for interested cash buyers to fully grasp the investment prospects it holds.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£223/sq ft
Area Average
£322/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£261,510
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -5.3%
5 year growth: +11.3%
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

Springfield Road, Bickington, Barnstaple
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£595
Based on a loan of £123,750 over 30 years at 4.06% 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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