Sold STC Flat

2

BALMORAL HOUSE, WINDSOR ROAD, BARNSTAPLE, DEVON EX31 4AR

2 beds 1 baths 689 sq ft Listed 4 Sep 2025 (-320d)

£165,000

Offers in Excess of

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# 2 bedroom apartment for sale (EX31 4AR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, BALMORAL HOUSE, WINDSOR ROAD, BARNSTAPLE, DEVON EX31 4AR |
| Price | £165,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 64 m² |
| Last sold | £135,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 15/10/2034
- **Current heating cost:** £1,146/year
- **Est. upgrade cost to C:** £8,500

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- L2 (£1,200 - £1,800)
- X (£1,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0616-6064-5002-0290-4792)

## Description

Looking for a chain-free home?

This chain-free home features spacious living, garage and great local amenities, without the hassle of a chain.

Thinking of downsizing?

With its practical layout, smart storage solutions and modern kitchen, this home is ideal for hassle-free living.

As you ascend the front steps, you're welcomed by a well-maintained front lawn, your own dedicated garden space, perfect for planting flowers, shrubs or creating a small seating area to enjoy the outdoors.

Step through the threshold into a beautifully presented living room, thoughtfully designed by the current owner. This inviting space features a characterful fireplace, corner sofa arrangement and ample room for freestanding furniture.

To the rear of the property, the kitchen offers excellent practicality with under-counter spaces for a fridge, freezer and washing machine, along with an integrated oven and hob. There's also room for a compact two-seater dining set, generous countertop space and plenty of cabinetry. A rear access point leads to a useful storage area, which could be repurposed as a utility space thanks to the presence of power sockets.

The main bedroom is a generous double with large front-facing windows, high ceilings, and ample space for wardrobes and additional furniture. Across the hall, a modern bathroom features a large double shower cubicle, WC and wash hand basin. A spacious storage cupboard is conveniently located just outside.

The second bedroom is also a comfortable double with views to the rear and room for freestanding furniture, ideal as a guest room, office or for additional family members.

Further benefits include a good-sized garage, offering valuable storage or off-road parking and the property is ideally located close to local amenities, schools, the North Devon District Hospital and excellent transport links.

Call now to arrange your viewing!

Local Shop - 1.1 miles  // Local School - Pilton Community College 0.3 miles // Local Pub - 0.3 miles // Parking - En Bloc Garage // Tenure - Leasehold // 948 years // Service Charge - Approx £42 per month //

## Property Photos

- ![1348881-13-68b82ad353fa3](/listings/photos/166576559/1070899) - 1348881-13-68b82ad353fa3
- ![1348881-10-68b82ac392a65](/listings/photos/166576559/1070900) - 1348881-10-68b82ac392a65
- ![1348881-1-68b82ae9b9707](/listings/photos/166576559/1070901) - 1348881-1-68b82ae9b9707
- ![1348881-16-68b82ae11b75f](/listings/photos/166576559/1070902) - 1348881-16-68b82ae11b75f
- ![1348881-15-68b82addb63a7](/listings/photos/166576559/1070903) - 1348881-15-68b82addb63a7
- ![1348881-14-68b82ad9e2705](/listings/photos/166576559/1070904) - 1348881-14-68b82ad9e2705
- ![1348881-11-68b82ac9693f5](/listings/photos/166576559/1070905) - 1348881-11-68b82ac9693f5
- ![1348881-12-68b82accbcbd7](/listings/photos/166576559/1070906) - 1348881-12-68b82accbcbd7
- ![1348881-6-68b82ab110d0f](/listings/photos/166576559/1070907) - 1348881-6-68b82ab110d0f
- ![1348881-7-68b82ab6dcdc2](/listings/photos/166576559/1070908) - 1348881-7-68b82ab6dcdc2
- ![1348881-8-68b82abd05f78](/listings/photos/166576559/1070909) - 1348881-8-68b82abd05f78
- ![1348881-5-68b82aaab78a0](/listings/photos/166576559/1070910) - 1348881-5-68b82aaab78a0
- ![1348881-4-68b82aa761313](/listings/photos/166576559/1070911) - 1348881-4-68b82aa761313
- ![1348881-9-68b82ac038b4f](/listings/photos/166576559/1070912) - 1348881-9-68b82ac038b4f
- ![1348881-17-68b82ae6e4472](/listings/photos/166576559/1070913) - 1348881-17-68b82ae6e4472

## Floorplans

- ![Floorplan 1](/listings/photos/166576559/1070914) - Floorplan 1
- ![Floorplan 2](/listings/photos/166576559/1070915) - Floorplan 2

## EPC Graphs

- ![EPC 1](/listings/photos/166576559/1070916) - EPC 1

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #10466336
- **Address:** 2 Balmoral House, Windsor Road, EX31 4AR
- **Certificate Issued:** 13/08/2014
- **Work Completed:** 07/07/2014
- **Items:** 4 window(s)

### FENSA Certificate #11788326
- **Address:** 2 Balmoral House, Windsor Road, EX31 4AR
- **Certificate Issued:** 15/08/2016
- **Work Completed:** 15/07/2016
- **Items:** 4 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| BALMORAL HOUSE 2 WINDSOR ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX31 4AR | £135,000 | 16/03/2026 | Flat |
| BALMORAL HOUSE 2 WINDSOR ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX31 4AR | £135,000 | 07/01/2016 | Flat |
| BALMORAL HOUSE 2 WINDSOR ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX31 4AR | £97,500 | 14/06/2012 | Flat |
| BALMORAL HOUSE 2 WINDSOR ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX31 4AR | £39,250 | 30/09/1999 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE OLD GLOVE FACTORY FLAT 7 LADYWELL, BARNSTAPLE, NORTH DEVON, DEVON, EX31 1QS | £265,000 | 03/03/2023 | Flat |
| THE OLD GLOVE FACTORY FLAT 4 LADYWELL, BARNSTAPLE, NORTH DEVON, DEVON, EX31 1QS | £245,000 | 16/09/2022 | Flat |
| BALMORAL HOUSE 7 WINDSOR ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX31 4AR | £143,000 | 03/12/2021 | Flat |

**Area average:** £217,667 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £182,845 (10 Flat, EX31, 2024–2026)
- **Deviation:** -9.8%

## Rental Range

*ONS Price Index of Private Rents (North Devon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £761/mo
- **Realistic:** £845/mo
- **Optimistic:** £930/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Taw Vale, EX32 | £1,100/mo | 2 | 1.03 miles | OpenRent |

**Average rent: £1,100/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 8%
- **Cost-to-rent:** 12.5×
- **Monthly cashflow:** £315/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,578/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 2.2%
- **10y growth:** 14.5%

## House Price Index (HM Land Registry)

*Official index for North Devon; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -7.2%
- **5y growth (index):** -1.3%
- **10y growth (index):** 21.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

1348881-13-68b82ad353fa3 1348881-10-68b82ac392a65 1348881-1-68b82ae9b9707 1348881-16-68b82ae11b75f 1348881-15-68b82addb63a7 1348881-14-68b82ad9e2705 1348881-11-68b82ac9693f5 1348881-12-68b82accbcbd7 1348881-6-68b82ab110d0f 1348881-7-68b82ab6dcdc2 1348881-8-68b82abd05f78 1348881-5-68b82aaab78a0 1348881-4-68b82aa761313 1348881-9-68b82ac038b4f 1348881-17-68b82ae6e4472

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Property details

Tenure

LEASEHOLD

Floor area

64 m²

Council tax band

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£135,000 Mar 2026

Price per m²

£2,578/m²

Local average

£182,845 (-9.8%)

Deprivation

Decile 6 (20,164 of 33,755)

Street crime

161 incidents within 1 mile (May 2026)

Key features

NO CHAIN
Close To Local Amenities
Recently Fitted Electric Heaters
En Bloc Garage
Close To Well Regarded Schools
Good Transport Links
Two Double Bedrooms
Call Now To Arrange Viewing!

Additional details

Parking: Yes
Garden: Yes

Description

Looking for a chain-free home?
This chain-free home features spacious living, garage and great local amenities, without the hassle of a chain.
Thinking of downsizing?
With its practical layout, smart storage solutions and modern kitchen, this home is ideal for hassle-free living.
As you ascend the front steps, you're welcomed by a well-maintained front lawn, your own dedicated garden space, perfect for planting flowers, shrubs or creating a small seating area to enjoy the outdoors.
Step through the threshold into a beautifully presented living room, thoughtfully designed by the current owner. This inviting space features a characterful fireplace, corner sofa arrangement and ample room for freestanding furniture.
To the rear of the property, the kitchen offers excellent practicality with under-counter spaces for a fridge, freezer and washing machine, along with an integrated oven and hob. There's also room for a compact two-seater dining set, generous countertop space and plenty of cabinetry. A rear access point leads to a useful storage area, which could be repurposed as a utility space thanks to the presence of power sockets.
The main bedroom is a generous double with large front-facing windows, high ceilings, and ample space for wardrobes and additional furniture. Across the hall, a modern bathroom features a large double shower cubicle, WC and wash hand basin. A spacious storage cupboard is conveniently located just outside.
The second bedroom is also a comfortable double with views to the rear and room for freestanding furniture, ideal as a guest room, office or for additional family members.
Further benefits include a good-sized garage, offering valuable storage or off-road parking and the property is ideally located close to local amenities, schools, the North Devon District Hospital and excellent transport links.
Call now to arrange your viewing!
Local Shop - 1.1 miles // Local School - Pilton Community College 0.3 miles // Local Pub - 0.3 miles // Parking - En Bloc Garage // Tenure - Leasehold // 948 years // Service Charge - Approx £42 per month //

Listed by

Covering North Devon

The Property Franchise Group

Reference: 166576559

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 16/10/2024

Expiry date: 15/10/2034

Current heating cost: £1,146/year

Potential heating cost: £552/year

Est. upgrade cost to C: £8,500

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)
High heat retention storage heaters (£1,200 - £1,800)
High performance external doors (£1,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 2

EPC Graphs

EPC 1

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #10466336

Property Details

Street: 2 Balmoral House

Town: Windsor Road

Postcode: EX31 4AR

Installation Details

Items: 4 windows

Certificate Issued: 13/08/2014

Work Completed: 07/07/2014

This certificate data was retrieved from FENSA's database

FENSA Certificate #11788326

Property Details

Street: 2 Balmoral House

Town: Windsor Road

Postcode: EX31 4AR

Installation Details

Items: 4 windows and 2 doors

Certificate Issued: 15/08/2016

Work Completed: 15/07/2016

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

244% since 1999

Event	Date	Price	% change
Sold	16/03/2026 (4 months ago)	£135,000	0%
Sold	07/01/2016 (10 years ago)	£135,000	+38.5%
Sold	14/06/2012 (14 years ago)	£97,500	+148.4%
Sold	30/09/1999 (26 years ago)	£39,250	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
THE OLD GLOVE FACTORY FLAT 7 LADYWELL, BARNSTAPLE, NORTH DEVON, DEVON, EX31 1QS	£265,000	03/03/2023	Flat
THE OLD GLOVE FACTORY FLAT 4 LADYWELL, BARNSTAPLE, NORTH DEVON, DEVON, EX31 1QS	£245,000	16/09/2022	Flat
BALMORAL HOUSE 7 WINDSOR ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX31 4AR	£143,000	03/12/2021	Flat

Area average: £217,667 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 2.2%

10y growth 14.5%

House Price Index (HM Land Registry — official index, not sold-price averages): North Devon. Series: Flats and maisonettes. As of April 2026.

1y (index) -7.2%

5y (index) -1.3%

10y (index) 21.3%

Rental Range

Estimated market rent for North Devon. Low = conservative, Realistic = average, Optimistic = best case.

Low £761/mo

Realistic £845/mo

Optimistic £930/mo

Based on Local Authority from postcode lookup → North Devon.

Location

Map view View on Google Maps View on OpenStreetMap Street View EX31 4AR

Address

Windsor Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Pilton Stores	0.3 miles
Bus stop	Unknown	0.3 miles
Shop	Marshall Volkswagon	0.4 miles
Hospital	North Devon District Hospital	0.7 miles
Train station	Barnstaple	1.2 miles
Train station	Chapelton	5.5 miles
Hospital	Bideford Hospital	8.1 miles

Street-level crime

Category	Count
Violence and sexual offences	69
Shoplifting	28
Anti-social behaviour	20
Public order	11
Other theft	8
Criminal damage and arson	7
Burglary	3
Drugs	3
Other crime	3
Possession of weapons	3
Robbery	2
Theft from the person	2
Vehicle crime	2
Total incidents	161

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Pilton Community College	Secondary	0.2 miles	Good — 2 May 2023
Pathfield School	Other	0.3 miles	Good — 1 May 2019
Pilton Bluecoat Church of England Academy	Primary	0.3 miles	Good — 10 Dec 2023
Pilton Infants' Academy	Primary	0.3 miles	Outstanding — 28 Apr 2011
Yeo Valley Primary School	Primary	0.7 miles	Good — 26 Jun 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Taw Vale, EX32	£1,100/mo	2	1.03 miles	OpenRent

Average rent: £1,100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.67%

Max investor price (0.8%) £137,500

Target investor price (1%) £110,000

Gross yield 8%

Cost-to-rent ratio 12.5×

Monthly cashflow £315/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 7.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).