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Kennford

South West

£495,000
Listed on 19/01/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This distinctive property, formerly a Post Office and café, features an inviting owner's cottage alongside two boutique letting rooms, presenting a unique opportunity for renovation or investment. Situated in the picturesque Kennford Village, this location offers a blend of rural charm and accessibility, just a short drive from Exeter. The property benefits from easy access to the A38 and M5, making it well-positioned for both local trade and tourism. With its proximity to Dartmoor National Park to the west and the stunning South Devon coastline to the south, this area attracts visitors year-round seeking outdoor activities amidst beautiful landscapes. The combination of local amenities and natural beauty makes Kennford an appealing choice for those pursuing both lifestyle and business opportunities. The building itself is substantial and flexible in its use. Currently closed and available as a blank canvas, it has enormous potential for various commercial ventures or residential conversion (subject to planning permissions). Historically operated successfully for nearly 30 years by the current owners, who are now retiring due to personal circumstances, this space can be reimagined into anything from a cozy café or shop to specialized retail spaces. On the ground floor, the spacious former retail area integrates seamlessly with what was once the café space. This layout could easily be adapted for alternative uses. At the rear of the property lies a charming two-bedroom cottage that serves as comfortable accommodation for owners or managers. Additionally, two well-appointed en-suite letting rooms on-site previously generated impressive revenue through short-term rentals. The sheltered courtyard at the back provides a tranquil outdoor area that enhances appeal for both residents and guests. With its multifaceted configuration—blending living accommodations with commercial possibilities—this property represents an enticing investment opportunity in a sought-after region. The combination of flexibility in use, coupled with a vibrant tourist trade nearby, ensures significant potential for return on investment or personal endeavors in this attractive village setting.

Investment Analysis

(EX6 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -8.7%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on EX6 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

Kennford
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 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