Newport, Barnstaple

This pair of Grade II listed cottages in Barnstaple presents an exciting opportunity for renovation enthusiasts. The asking price of £250,000 is significantly below the local average, making it an attractive option for buyers looking to invest in a project with potential for substantial value increase post-renovation. With a generous rear garden and off-road parking, there's ample space to adapt the layout and potentially combine the two cottages into a spacious five-bedroom home, subject to the necessary consents.

However, this is a heavy project, with significant wear and dated conditions observed throughout both cottages. The interiors are in poor condition, featuring outdated decor and visible damage in several rooms. The kitchen and bathroom are both dated, and the exterior shows signs of wear. A thorough renovation budget of £100,000 to £250,000 will be necessary to bring this property back to life, and potential structural concerns may arise due to the age of the buildings. Overall, this is a strong opportunity for those willing to undertake a full-gut programme.