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Newland, Landkey, Barnstaple, EX32 0ND

South West

£400,000

Listed on 15/09/2026

The listing

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1292 sqft

Features

  • Garage
  • Garden
  • Parking

Description

This three-bedroom detached freehold home offers single-storey accommodation, a substantial gated driveway and a garage. Modernisation is required, while the existing layout and room sizes provide scope for a buyer to update the property to suit their needs. The sale is chain-free, with probate completed. A side entrance leads into a hallway connected to the central entrance hall, around which the principal rooms are arranged. The living room has a large front-facing window and an electric fireplace. A separate dining room sits alongside it, with a serving hatch through to the kitchen. The kitchen has fitted wall and base units, work surfaces, a one-and-a-half bowl sink and space for appliances. An adjoining utility room provides laundry connections, storage and outside access. The principal bedroom overlooks the rear garden and has an en-suite bathroom with a bath and shower over, basin and WC. A second double bedroom has fitted wardrobes, while the third bedroom could also be used as a study or hobby room. A separate shower room and an additional cloakroom provide further facilities. The central heating is oil-fired, and the loft is accessed by a pull-down ladder and is partly boarded for storage. The listing notes potential for a dormer conversion, subject to planning permissions and verification of feasibility. Outside, gates open onto a large chipping driveway with parking for several vehicles. The property also has a single garage with power. The enclosed rear garden includes paved areas, gravelled sections, established planting and a garden shed. The accommodation and outdoor areas offer a practical base for refurbishment, with the extent of work to be confirmed by inspection.

WHOTS analysis

Our WHOTS verdict

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

43out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached home has a usable, well-proportioned starting point rather than a full-gut project: the living and dining spaces are serviceable, while older wallpaper, finishes and a dated but functional kitchen offer scope for a light modernisation. The maintained garden, large gated driveway and garage are standout practical assets, and the partly boarded loft offers storage with possible future conversion potential subject to planning and feasibility.

The asking price is the main constraint. At £400,000, it is around 14% above the local average on a £/sqf basis, and the purchase price alongside a mid-to-substantial programme of works would leave the overall outlay stretched against local benchmarks for this floor area. That comparison is with current local value benchmarks, not a forecast of value after improvements.

Key opportunities

  • Refresh the older wallpaper and interior finishes to give the serviceable living and dining spaces a more contemporary feel.
  • Modernise the functional but dated kitchen, with the existing dining connection providing a useful starting point.
  • Make the most of the enclosed, established garden and substantial gated driveway; the partly boarded loft also provides storage and possible conversion potential subject to planning and feasibility.

Key risks

  • At the current asking price, adding a broader programme of improvements would leave the overall outlay stretched relative to local benchmarks for a home of this floor area.
  • Budget carefully — economics look thin with the asking price plus a meaningful modernisation spend, about 14% ahead of typical local benchmarks for this size. Finished value after works is not modelled here.

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Map

Location

Newland, Landkey, Barnstaple, EX32 0ND
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Transport

Nearest stations

  • Barnstaple Rail Station

    3.0 miles

    Train · Barnstaple

  • Chapelton (Devon) Rail Station

    3.3 miles

    Train · Chapelton

  • Umberleigh Rail Station

    4.5 miles

    Train · Umberleigh

  • Portsmouth Arms Rail Station

    7.5 miles

    Train · Kingford

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,634
Based on a loan of £300,000 over 30 years at 5.13% 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

Stamp duty calculator

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

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