# 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 |
| Last sold | £135,000 Mar 2026 |

## 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).*

## 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)