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Goodleigh Road, Barnstaple, Devon EX32 - Image 1
Goodleigh Road, Barnstaple, Devon EX32 - Image 2
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Goodleigh Road, Barnstaple, Devon EX32

South West

£240,000
Listed on 15/03/2026

Property Details

Bedrooms
2
Type
Detached
Area
1161 sqft

Description

This distinctive two-bedroom detached cottage is set in a tranquil semi-rural environment, providing an ideal combination of country charm and proximity to Barnstaple's amenities. The property showcases characterful features throughout, including a cosy lounge with a wood-burning stove, a spacious kitchen/diner that's perfect for entertaining, and utility facilities with an additional W/C. The family bathroom includes space for further enhancements, alongside a separate shower area that meets modern living needs. Occupying around 0.23 acres of mature gardens, this home offers picturesque countryside views and several inviting outdoor spaces. A detached cabin/studio with electricity expands the potential for flexible uses such as a home office or creative studio. Additionally, there's off-road parking and a garage on site. A key factor of this property is the granted planning permission for constructing a new five-bedroom detached house within the grounds. This presents an exceptional investment opportunity for future development or the chance to create something unique tailored to your personal vision. With some thoughtful upgrades and renovations, this charming cottage could transform into an even more desirable home while capitalising on its development potential.

Investment Analysis

(EX32 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£207/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£345,647
10% above area average per sq ft
Potential ROI
+23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX32)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -3.5%
5 year growth: +9.8%
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

Goodleigh Road, Barnstaple, Devon EX32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£850
Based on a loan of £180,000 over 30 years at 3.91% 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.

Price History

-4.0% since listed
£240,000£10,000(-4.0%)
15/03/2026
Current price
£250,000Initial listing
30/05/2025

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