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Meadow Park, Roundswell, Barnstaple, Devon EX31

South West

£180,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
597 sqft

Description

This mid-terrace house is nestled in a tranquil cul-de-sac within the sought-after Roundswell area, offering a prime opportunity for renovation enthusiasts or investors. The property benefits from a functional layout, featuring a spacious lounge and a kitchen/diner that opens directly to a sunny rear garden, ideal for social gatherings or simply enjoying outdoor living. Upstairs, you’ll find two generously sized double bedrooms complemented by a family bathroom. While the home includes modern conveniences such as double glazing and gas central heating, it requires some updating and refurbishment, presenting an exciting chance to enhance its value and tailor it to your personal style. With excellent rental demand in this desirable locale, this property could also serve as a lucrative investment. It comes with no onward chain, allowing for swift transactions.

Investment analysis

(EX31 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£302/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£209,947
10% above area average per sq ft
Potential ROI
+5.0%
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
6%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -6.6%
5 year growth: +2.3%
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

Meadow Park, Roundswell, Barnstaple, Devon EX31
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 over 30 years at 4.45% 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.

Stamp duty calculator

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