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Penrose Almshouses consist of 20 one-bedroom flats and cottages with an age covenant of 55+. For people resident in the last ten years within a five mile radius of Barnstaple.

Facilities include non resident management and emergency alarm service, lounge and garden.

Barnstaple is mentioned in Domesday as Barnestapla and had a mill. It is the main market town of North Devon situated on the River Taw about 26 miles from Okehampton and received its charter from King Athelstan in the 10th century. It probably derives its name from 'post or pillar of the battle-axe'. In the 18th century the town was well known for its pottery and was once a busy port but shipping declined with silting of the river, road improvements and the coming of the railways in the 19th century.