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Sun Cottage, Chulmleigh

South West

£100,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
976 sqft

Description

Sun Cottage presents a distinctive opportunity for those looking to invest in a charming Grade II Listed home, characterized by its spacious layout and period features. This property includes three generous double bedrooms and stands as an unfinished renovation project, allowing potential buyers the flexibility to tailor the interiors to their personal taste. Nestled in a quiet area of Chulmleigh, the cottage benefits from its central location within this traditional town. The surrounding community boasts a variety of essential amenities including local shops, a post office, health services, dining options, and recreational facilities. The presence of primary education through Chulmleigh Academy Trust adds to the appeal for families considering a move to the area. While parking is conveniently available nearby, it's worth noting that Sun Cottage does not include outdoor space. This may appeal to investors seeking a low-maintenance property or those who envision creative uses for the interior space. Connected to mains water, electricity, and drainage, Sun Cottage is positioned to offer comfort while providing ample scope for enhancement. With the option to secure this property via modern online auction methods, it opens up interesting avenues for potential buyers looking at investment opportunities in North Devon. In summary, Sun Cottage combines historical charm with substantial renovation potential in a vibrant community setting—ideal for those ready to take on a project that can be transformed into a personal sanctuary or rental investment.

Investment Analysis

(EX18 area)

Below Market Value

This property is priced -63.7% below area average per sq ft

-63.7%
Potential saving
This Property
£102/sq ft
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£302,755
10% above area average per sq ft
Potential ROI
+116.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by +9.4% over the last 12 months
3 year growth: -7.7%
5 year growth: 21.1%
Investment Disclaimer: Analysis based on EX18 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

Sun Cottage, Chulmleigh
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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
£366
Based on a loan of £75,000 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