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About This Property

Discover what makes this home special

The Spruce is a charming detached three-bedroom family home located in a well-planned residential development near Barnstaple, North Devon. Offering a spacious sitting room, an open-plan kitchen and dining area, and a utility room, this property is designed for comfortable modern living. Upstairs, the master bedroom benefits from an en-suite and dressing area, complemented by two additional bedrooms and a family bathroom. The rear garden faces south-east, providing pleasant morning to early afternoon sunlight, ideal for outdoor relaxation and gardening enthusiasts.

Situated in a semi-rural setting with easy access to local amenities and transport links, The Spruce offers a peaceful lifestyle with the convenience of nearby schools, shops, and parks. The property is well-suited for families and professionals seeking a balance between countryside tranquility and connectivity to larger urban centres such as Exeter. With ongoing regional infrastructure improvements and town centre regeneration projects, this location holds promising growth potential.

Property Features

This detached home boasts three well-sized bedrooms including a master with en-suite and dressing area, providing ample space and privacy. The open-plan kitchen and dining area is perfect for family meals and entertaining, while the utility room adds practical storage and laundry space. Double glazing and gas central heating ensure comfort throughout the year. The south-east facing garden enjoys good natural light in the mornings and early afternoons, enhancing outdoor living opportunities.

DetachedThree BedroomsEn-suiteDressing AreaUtility RoomOpen-plan Kitchen/Dining+3

Local Amenities

The property benefits from proximity to Barnstaple, the main town in North Devon, offering a range of amenities including schools such as Pilton Community College and St Peter's Primary, supermarkets like Tesco, and healthcare facilities including North Devon District Hospital. Outdoor enthusiasts will appreciate the nearby Tarka Trail for walking and cycling, as well as local parks and play areas for families. The Barnstaple railway station provides rail connectivity to Exeter and beyond, supporting commuting and travel needs.

Barnstaple Railway StationPilton Community CollegeSt Peter's Church of England Primary SchoolTesco SuperstoreBarnstaple Town CentreTarka Trail+2
Barnstaple Railway Station Train Station (2.5 miles, 8 mins drive) • 1h 15m by train to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£295,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£295,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
60/100
ChallengingModerateGoodExcellent
Quieter rural location limits rental demand
Affordable property price
Good potential for long-term capital growth due to regional development
Limited direct international transport links

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£295,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.6%
Based on £1,131/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£296,478
+£1,478 projected gain
5-Year Rent Forecast
£1,389/mo
Based on 4.2% annual growth
Price per Sq Ft£268
Annual Rent Income£13,572
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£296,478
5yr
£297,963
10yr
£299,456
15yr
£300,956
20yr
£302,464
25yr
Current: £295,000

Monthly Rental Income

Based on 4.2% annual growth
£1,389
5yr
£1,707
10yr
£2,096
15yr
£2,575
20yr
£3,163
25yr
Current: £1,131/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Exeter St Davids
1h 15m
1h 10m
Bristol Temple Meads
2h 30m
2h 15m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Sitting Room
Morning Moderate
Afternoon Good
Evening Low
Kitchen/Dining Area
Morning Good
Afternoon Moderate
Evening Low
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Transport Infrastructure+Positive Impact
North Devon Link Road Improvements
3 milesEst. 2025
Commercial and Residential+Positive Impact
Barnstaple Town Centre Regeneration
2.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£295,000
AvailableNB0000023187
View Location Analytics

The Spruce

Northam, Northam EX39 1BJ
Bay View
3
Bedrooms
2
Bathrooms
1,100
Est. Sq ft
detached
Type

Developer

Bovis Homes
Available Plot Numbers
0460
1 plot(s) available
Ownershipfreehold

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£295,000The Spruce

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The Spruce
The SpruceNortham£295,000

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