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Rooks Close, Roundswell, Barnstaple EX31

South West

£235,000

Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
291 sqft

Description

Nestled in a desirable residential area, this freehold property presents a unique opportunity for those looking to invest in a home with renovation potential. While the space is currently cozy and well-maintained, it offers the chance to modernize and enhance its functionality. The layout is practical for contemporary living and includes features such as a driveway and attached garage, which could be transformed to maximize storage or serve other purposes depending on your needs. Upon entering, the living room greets you with an abundance of natural light, creating an inviting atmosphere. However, there's ample room to reconfigure the space or update finishes to suit modern tastes. The seamless flow into the kitchen diner encourages connectivity, making it ideal for family gatherings or entertaining guests. This area features direct access to the rear garden—an appealing aspect that opens up possibilities for outdoor entertainment or gardening projects. Upstairs, you'll find two bedrooms designed with versatility in mind; each can be adapted according to personal taste or lifestyle needs—ideal for families, professionals working from home, or anyone requiring extra space. The bathroom is functional but could benefit from an upgrade to meet current design standards. The property’s outdoor space is another asset, featuring a manageable garden perfect for children and pets, as well as potential landscaping enhancements that could increase its appeal and value. Rounding out this offering is its prime location in Roundswell near Barnstaple. With strong transport links and nearby amenities including schools and shopping facilities, this home presents a solid investment opportunity within a flourishing community. Whether you're a first-time buyer looking for personalization opportunities or an investor seeking value-adding renovations, this property stands out as a worthwhile consideration.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +150.6% above area average per sq ft

+150.6%
This Property
£808/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£103,168
10% above area average per sq ft
Potential ROI
-60.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX31)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -6.5%
5 year growth: +7.4%
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

Rooks Close, Roundswell, Barnstaple EX31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£838
Based on a loan of £176,250 over 30 years at 3.97% 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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