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Kings Nympton, Umberleigh, Devon, EX37

South West

£220,000
Listed on 25/06/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1607 sqft

Description

This Grade II listed four-bedroom cottage, once two separate homes, presents a rare opportunity for those looking to invest in a property with significant renovation potential. Dating back to the 18th century, this character-rich residence features traditional stone and cob construction beneath a recently repaired thatched roof. The layout includes an inviting entrance hall leading to a sitting room, equipped utility room, and a dining area showcasing an inglenook fireplace, ideal for restoration into a cozy family space. On the first floor, you'll find four well-sized bedrooms offering plenty of flexibility and space for personalisation. The accompanying land provides additional development possibilities—subject to planning permissions—making it an attractive proposition for builders or those wishing to expand their living space. Outside, the garden boasts mature shrubs and generous lawn areas, while an outbuilding adds further utility. Situated in the desirable North Devon village of Kings Nympton, with easy access to local amenities and scenic countryside activities, this property represents not just a home but also an investment opportunity ripe for transformation.

Investment Analysis

(EX37 area)

Below Market Value

This property is priced -52.1% below area average per sq ft

-52.1%
Potential saving
This Property
£137/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£505,209
10% above area average per sq ft
Potential ROI
+68.4%
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

Kings Nympton, Umberleigh, Devon, EX37
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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
£806
Based on a loan of £165,000 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