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Lovacott, Newton Tracey, Barnstaple, Devon EX31 - Image 1
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Lovacott, Newton Tracey, Barnstaple, Devon EX31 - Image 3

Lovacott, Newton Tracey, Barnstaple, Devon EX31

South West

£450,000
Listed on 26/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1141 sqft

Description

This semi-detached cottage, featuring three bedrooms, is set within a generous plot of over two acres, presenting an invaluable opportunity for renovation in a tranquil rural environment. The property requires modernisation and offers a canvas ready for transformation, rich with original character that can be enhanced or even extended (subject to necessary permissions). The extensive outbuildings provide significant potential for storage, workshop use, or conversion into additional living spaces, catering to various lifestyle needs such as smallholding or equestrian activities. Situated on the outskirts of Lovacott in the beautiful North Devon countryside, this cottage combines rural charm with accessibility to nearby towns like Barnstaple and Bideford. Local amenities in Lower Lovacott and close proximity to the stunning North Devon coastline make this property a promising investment for those looking to embrace a degree of self-sufficiency while enjoying the tranquillity of country life.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +22.0% above area average per sq ft

+22.0%
This Property
£394/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£405,774
10% above area average per sq ft
Potential ROI
-26.2%
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 (EX31)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.7%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on EX31 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

Lovacott, Newton Tracey, Barnstaple, Devon EX31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE