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Barnstaple Street, South Molton, Devon, EX36 - Image 1
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Barnstaple Street, South Molton, Devon, EX36

South West

£200,000

Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1981 sqft

Description

Located in the central area of South Molton, this substantial property spans three floors and features a versatile layout that provides a strong foundation for renovation. While it currently requires updating and modernization, buyers will appreciate the ample opportunity to transform this spacious home into a personal haven. Upon entry, a rear hallway welcomes you with access to a cloakroom and the kitchen, which is equipped with various units and work surfaces, leading to a separate utility area fitted with plumbing for laundry appliances. The standout feature is the expansive sitting and dining room, characterized by its generous size and centered around an impressive stone fireplace with a log burner, adding both charm and character. The first floor offers three well-proportioned double bedrooms, including a principal bedroom with a walk-in wardrobe. The landing includes additional storage options along with a family-sized bathroom equipped with essential amenities. The attic room on the second floor presents further customization options, featuring bright skylights amidst sloping ceilings. Overall, this property showcases significant potential for those looking to invest in renovations to create a spacious family residence in an ideal location. Note that there is a flying freehold arrangement affecting parts of the property due to its proximity to an adjoining structure.

Investment Analysis

(EX36 area)

Below Market Value

This property is priced -64.4% below area average per sq ft

-64.4%
Potential saving
This Property
£101/sq ft
Area Average
£284/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£617,993
10% above area average per sq ft
Potential ROI
+157.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX36)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -13.1%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on EX36 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

Barnstaple Street, South Molton, Devon, EX36
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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

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