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Woodacott, Holsworthy, Devon

South West

£425,000
Listed on 04/05/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled within a picturesque rural hamlet, this former post office presents a unique opportunity for renovation and investment. The property boasts a flexible layout with three bedrooms and two reception rooms, providing ample space for various configurations to suit your needs. While interior modernization is required, the generous footprint offers a blank canvas to reimagine the living spaces. Set on approximately 0.44 acres, the property features expansive gardens that could be transformed into beautiful outdoor areas. Additionally, there are several outbuildings, including stables, which enhance the potential for various uses—be it for hobbies, storage, or further development. The inclusion of three south-facing paddocks totaling around seven acres adds significant value and presents possibilities for equestrian pursuits or agricultural ventures. This residence is located on the outskirts of a desirable hamlet surrounded by the rolling hills of Devon's unspoiled countryside. Holsworthy, just five miles away, provides essential amenities including a weekly Pannier Market, local shops along with well-known retailers such as Waitrose and Marks & Spencer Simply Food. Community facilities in Holsworthy include sports venues and recreational activities like swimming and golf. For those seeking coastal leisure, Bude on the North Cornish coast is only nine miles distant. Other notable locations such as Okehampton and Dartmoor National Park are about 20 miles away, while Barnstaple—serving as North Devon's regional hub—is approximately 30 miles from the property. Launceston, known as Cornwall's ancient capital, is also conveniently located just 14 miles away. This property not only offers a tranquil setting but also substantial potential for growth and enhancement through thoughtful renovation and investment in a sought-after location.

Investment Analysis

(EX22 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£196
Avg Yield
2.6%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Monthly Sales
5
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX22)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -13.0%
5 year growth: 5.9%
Investment Disclaimer: Analysis based on EX22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Woodacott, Holsworthy, Devon
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