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Meadow Close, Landkey, Barnstaple, Devon, EX32 - Image 1
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Meadow Close, Landkey, Barnstaple, Devon, EX32

South West

£290,000

Listed on 29/08/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
766 sqft

Description

Nestled in the charming village of Landkey, this two-bedroom detached bungalow presents a fantastic opportunity for renovation and customization. The property features two spacious double bedrooms and a generous rear garden, perfect for outdoor enthusiasts or families seeking a private retreat. While some updating and modernisation are required, this home offers a blank canvas for potential buyers to create their ideal living space. The entrance porch leads into a welcoming hallway that connects to the main living areas. The living room is bright and inviting, complete with a feature fireplace that adds character. The kitchen is functional, equipped with ample storage and work surfaces, alongside space for essential appliances. Natural light floods in through multiple windows, enhancing the overall warmth of the space. Both bedrooms are well-proportioned, with one offering views of the surrounding countryside. The shower room is fitted with a three-piece suite, providing practical amenities. Outside, the property boasts a private driveway accommodating two vehicles and an established front garden. The standout feature is undoubtedly the expansive rear garden, predominantly laid to lawn and adorned with mature shrubs and plants. This outdoor space not only provides room for gardening enthusiasts but also presents the exciting potential for future extensions, subject to relevant planning permissions. This bungalow is ideally located within a popular village setting, offering easy access to Barnstaple and the beautiful North Devon countryside. With its excellent potential and spacious layout, this property is an appealing prospect for buyers looking to invest in a home that can be tailored to their personal taste.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

27out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom semi-detached bungalow in Landkey presents a significant opportunity for renovation enthusiasts. With an asking price of £290,000, it stands at £379/sqf, which is notably above the local average of £272/sqf, indicating a weaker value opportunity. However, the property boasts a generous garden and two double bedrooms, providing a solid foundation for those looking to create a tailored home.

The interior is dated and requires updating, but this gives you the chance to modernize and enhance the space according to your tastes. The living room, kitchen, and bathroom are all in need of refurbishment, but the overall layout offers well-proportioned accommodation. Given the potential for improvement, this property could be transformed into a lovely home with some effort and investment. The project scale is light to typical, allowing for a manageable renovation journey. While it seems dear in terms of price, the solid fundamentals and the appealing garden make it an interesting prospect for the right buyer.

Key opportunities

  • Generous garden space ideal for outdoor enhancements or potential extensions.
  • Two double bedrooms provide ample living space and flexibility for reconfiguration.
  • Opportunity to modernize the dated interiors and create a tailored home.

Key risks

None recorded.

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Map

Location

Meadow Close, Landkey, Barnstaple, Devon, EX32
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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