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Atherington, Umberleigh

South West

£599,950
Listed on 06/09/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2658 sqft

Description

This detached country residence offers a unique opportunity for renovation and investment in a picturesque setting of approximately 0.84 acres, highlighted by its west-facing gardens and scenic views. With a total area of around 247 square meters (or 2,658 square feet), the property presents flexible accommodation across two levels, making it ideal for those interested in creating additional living spaces or annexes. Situated on the outskirts of Atherington, a quaint rural village in North Devon, this property strikes a balance between country living and convenient access to urban amenities. Atherington is just a short drive from the A377 road and Umberleigh station, which connects to Barnstaple and Exeter, providing easy transport options for commuting or leisure trips. This semi-rural locale offers several community facilities such as a hall for various age groups, a small pop-up shop/café, tennis courts, and parks—perfect for family activities. The property’s ground floor features an expansive garden room that captures beautiful views from its generous windows. The traditional kitchen is equipped with an oil-fired Aga alongside high-gloss units and modern appliances. Adjacent to the kitchen lies both a snug with an inviting stone fireplace and a formal dining room featuring ceiling beams and a walk-in wine store. Notably, the spacious sitting room can be reconfigured to create separate living quarters if desired; it previously housed an internal staircase that could be reinstated subject to necessary permissions. On the upper level, you will find three well-proportioned double bedrooms—each boasting en-suite bathrooms—as well as an additional single bedroom. The layout allows potential investors to maximize rental income or create private guest suites. Outside, the property is accessed via gated entry leading to ample parking space. The expansive front garden features established flower beds and sun terraces designed for outdoor entertaining or relaxation. Additionally, planning permission has been recently granted for constructing a detached garage on-site, providing further utility or potential rental revenue opportunities. With mains electricity and water connections already in place along with private drainage systems and oil-fired central heating, this residence also benefits from ultrafast broadband availability—an essential feature for modern living or remote working scenarios. This property not only boasts considerable space but also presents significant renovation potential set against the backdrop of North Devon’s stunning landscapes—making it an appealing prospect for both personal use and investment.

Investment Analysis

(EX37 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£226/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£835,622
10% above area average per sq ft
Potential ROI
+19.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX37)

Area prices are rising by +20.1% over the last 12 months
3 year growth: 17.9%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on EX37 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

Atherington, Umberleigh
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £449,962 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE