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Kimberlands, Northlew, Okehampton, Devon, EX20 - Image 1
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Kimberlands, Northlew, Okehampton, Devon, EX20 - Image 3
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Kimberlands, Northlew, Okehampton, Devon, EX20 - Image 5

Kimberlands, Northlew, Okehampton, Devon, EX20

South West

£262,500
Listed on 14/11/2024

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow is nestled in a peaceful and secluded location, providing a tranquil retreat while remaining conveniently close to the village center. With its proximity to local amenities—including a lively public house and a respected primary school—this property offers a blend of privacy and accessibility. The residence sits on generously sized gardens, allowing for substantial outdoor space that can be further developed or reimagined to suit your preferences. There is also the added benefit of parking and a garage, enhancing functionality for everyday living. While the bungalow currently requires some modernization, this presents an excellent opportunity for buyers looking to invest in a project that could significantly enhance both the property's value and appeal. The layout and setting provide a solid foundation for renovation, making it an attractive proposition for those eager to create their ideal home in a desirable location.

Investment Analysis

(EX20 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£26,250 - £65,625
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX20)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 3.8%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on EX20 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

Kimberlands, Northlew, Okehampton, Devon, EX20
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