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Milton Damerel, Holsworthy, EX22 - Image 1
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Milton Damerel, Holsworthy, EX22

South West

£530,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
940 sqft

Description

This 300-year-old detached country cottage presents a unique investment opportunity set within 3.19 acres of picturesque North Devon countryside. Located on the outskirts of Milton Damerel, this property marries traditional charm with modern functionality, ideal for equestrian enthusiasts or those interested in sustainable living. The cottage features a welcoming interior characterized by a cozy living/dining area with a wood-burning stove and an inviting kitchen equipped with solid wood cabinetry. Upstairs, two spacious bedrooms boast tranquil rural views, while a newly fitted bathroom adds to the home's appeal. The exterior space is equally promising, featuring extensive equestrian facilities including paddocks, a riding arena, and a stable block—perfect for developing an equestrian business or enhancing the property’s self-sufficiency potential. With additional scope for landscaping or expanding outdoor structures (subject to planning), this property is truly a blank canvas for your vision in a serene setting.

Investment Analysis

(EX22 area)

Above Market Value

This property is priced +85.7% above area average per sq ft

+85.7%
This Property
£564/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£313,871
10% above area average per sq ft
Potential ROI
-45.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX22)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -15.9%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on EX22 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

Milton Damerel, Holsworthy, EX22
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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
£1,942
Based on a loan of £397,500 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