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Higher Mead, Withypool, Somerset, TA24 - Image 1
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Higher Mead, Withypool, Somerset, TA24

South West

£399,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1446 sqft

Description

This detached four-bedroom home offers a unique opportunity for renovation and investment, nestled in a serene village within the Exmoor National Park. Positioned at the end of a quiet cul-de-sac with just two houses, the property boasts beautiful southerly views that can be further enhanced through thoughtful updates. Constructed 37 years ago, the residence features spacious rooms with an inviting layout, making it an ideal candidate for modernisation. As you enter, you are greeted by a welcoming hallway that leads to a cloakroom and a fully equipped kitchen, where picturesque views of the surrounding moors can be enjoyed while washing up. A stable door provides convenient access to the garden, complemented by a utility area that adds practicality. The double-aspect sitting room is highlighted by a charming stone fireplace, creating a cozy atmosphere. This space flows seamlessly into the dining room, which opens onto the patio—ideal for outdoor entertaining and future enhancements. Upstairs, the master bedroom is particularly generous in size and features dual aspects that capture stunning views of the moorland. An en-suite shower room is currently in place but presents ample potential for expansion into a larger en-suite or even an additional bedroom or study area. Three additional bedrooms provide flexibility for family living or guest accommodations, accompanied by a spacious family bathroom outfitted with both a bath and separate shower. The exterior of the property includes a wrap-around garden mostly laid to lawn, featuring greenery along with a pond and patio space accessible from the dining area—offering various possibilities for landscaping or garden improvements. A timber shed near the garage contributes to storage options, while gated access leads around to the rear of the house. The property’s private driveway ensures off-road parking alongside an attached single garage equipped with power and lighting—a practical feature for any homeowner. Set in Withypool, this quintessential Exmoor village is known for its close-knit community and local amenities such as a pub, general store with post office services, tea rooms, and village hall. Outdoor enthusiasts will value immediate access to a range of activities including walking, cycling, and horse riding right outside their door. The nearby town of Dulverton (just 8 miles away) offers additional conveniences such as shops and medical facilities. With excellent transport links available via Tiverton—including connections to the M5 motorway and intercity train services to London Paddington—the location combines tranquillity with accessibility. This property represents not just a home but also an opportunity to create something truly special in one of England's most picturesque regions.

Investment Analysis

(TA24 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£276/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£39,900 - £99,750
10-25% of property value
Target Value
£481,634
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TA24)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 0.0%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on TA24 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

Higher Mead, Withypool, Somerset, TA24
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