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School Close, Fremington, Barnstaple EX31 - Image 1
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School Close, Fremington, Barnstaple EX31

South West

£325,000
Listed on 13/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1191 sqft

Description

This detached chalet bungalow, situated in a peaceful cul-de-sac of Fremington, presents a unique opportunity for renovation enthusiasts or investors seeking to add value. With no onward chain, the property offers a versatile layout that requires modernisation, allowing for personal touches to transform it into a contemporary living space. The ground floor features a spacious living room with an attractive circular side window and custom built-in cabinetry, alongside a double bedroom equipped with built-in storage and a dining room that overlooks the rear garden. The kitchen is well-sized with good storage options and plumbing for necessary appliances. A recently installed gas combi boiler (2021) provides central heating. Additionally, the bright garden room opens to the outdoor space, while a shower room and separate WC complete this level. Upstairs, two further double bedrooms offer eaves storage, enhancing the home's functionality. Outside, residents will appreciate the private rear garden complete with mature fruit trees and a greenhouse—perfect for those with green fingers or looking to create an inviting outdoor retreat. A single garage and driveway offer convenient parking solutions. This property is ripe for renovation and customization, making it an ideal project for those ready to invest their vision.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£273/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£423,555
10% above area average per sq ft
Potential ROI
+12.9%
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

School Close, Fremington, Barnstaple 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
£1,191
Based on a loan of £243,750 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