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Sanders Lane, Devon EX22

South West

£399,950
Listed on 10/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1453 sqft

Description

This generous plot of approximately 1,028 sq m presents a versatile opportunity for redevelopment or modernisation, perfectly situated next to newer substantial homes. The property is currently configured as a spacious bungalow featuring well-proportioned rooms that hold significant potential for reconfiguration. With family-sized lawns both at the front and rear, as well as ample parking space via a wide driveway, enhancing the property's appeal for future residents is easily achievable. Located conveniently close to local amenities and reputable schools, this property benefits from easy access to the vibrant market town of Holsworthy. The nearby park offers recreational space while the surrounding area features outstanding natural beauty — with coastlines and moors at your doorstep. Inside the bungalow, there’s an opportunity to create an open-plan living space by merging the kitchen, dining room, and a fourth bedroom into a contemporary family environment that optimizes sunlight exposure. The existing layout includes four bedrooms, two reception areas, and practical utility spaces such as a garage and boiler room. An internal inspection will reveal the underlying potential to enhance this property significantly while adding value suited to current market demands.

Investment Analysis

(EX22 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£275/sq ft
Area Average
£307/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£490,358
10% above area average per sq ft
Potential ROI
+2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (EX22)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -19.2%
5 year growth: +4.7%
Investment Disclaimer: Analysis based on EX22 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

Sanders Lane, Devon EX22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,442
Based on a loan of £299,962 over 30 years at 4.06% 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.

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