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Berry Lane, Gunn, Goodleigh, Barnstaple, EX32

South West

£685,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1970 sqft

Description

Nestled in a tranquil rural area near Gunn, this charming period cottage offers an excellent chance for renovation and investment within approximately 1.34 acres of picturesque grounds. While the property has been cherished by its owners for nearly six decades, it now presents a unique opportunity to create a distinctive country home that caters to modern living while maintaining its historical character. The cottage comprises two spacious reception rooms, a generous kitchen/dining area, and three double bedrooms, all set against the backdrop of stunning countryside views. The adaptable layout allows for potential reconfiguration to maximize space and functionality (subject to relevant permissions). Outside, the mature gardens are not only visually appealing but also provide opportunities for landscaping improvements and enhancements. With ample off-road parking and useful outbuildings including garages, there is significant scope for investment to increase both comfort and value in this highly desirable North Devon location. Proximity to Barnstaple, Exmoor National Park, and the famous North Devon coastline further enhances its appeal as a renovation project with substantial potential.

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Investment analysis

(EX32 area)

Above Market Value

This property is priced +27.9% above area average per sq ft

+27.9%
This Property
£348/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£589,099
10% above area average per sq ft
Potential ROI
-25.0%
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 (EX32)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on EX32 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

Berry Lane, Gunn, Goodleigh, Barnstaple, EX32
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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
£2,588
Based on a loan of £513,750 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

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