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High Bickington, Umberleigh

South West

£525,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
1187 sqft

Description

This charming Grade II Listed detached thatched cottage, along with a separate annexe/studio, offers a unique opportunity for renovation and investment potential. Nestled in secluded gardens overlooking the picturesque countryside, this property features four bedrooms and is ideally situated just on the edge of High Bickington village. Within walking distance to local amenities including a community shop, school, and public house, it's a perfect blend of rural tranquility and accessibility. Dating back to the early 18th Century, Homewell Cottage maintains its original character with painted rendered elevations beneath its traditional thatched roof. It has seen some improvements with a thoughtfully designed two-storey extension and the addition of a detached garage. Opportunities for further enhancement are abundant; prospective buyers could explore extending the main house or converting the garage into additional living space (subject to planning approval). The garden spans approximately 0.37 acres, providing ample room for landscaping projects or even additional extensions if desired. The interiors boast original features like a dual-aspect sitting room with an Inglenook fireplace and an inviting dining room with exposed beams. The kitchen is functional yet could benefit from modernisation or expansion to maximise its potential as part of any refurbishment plans. With further investment in updates such as bathroom refurbishments or enhancements to the annexe—which is currently used as an office but has potential for conversion into extra accommodation—this property can be transformed into an exceptional family home or holiday let. The tranquil surroundings are complemented by access to local recreational facilities including golf clubs and beautiful North Devon beaches, making it not only a lovely residence but also an exciting investment opportunity.

Investment Analysis

(EX37 area)

Above Market Value

This property is priced +53.1% above area average per sq ft

+53.1%
This Property
£442/sq ft
Area Average
£289/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£377,151
10% above area average per sq ft
Potential ROI
-38.7%
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
7%
Properties sold annually

Local Market Trend (EX37)

Area prices are falling by -4.9% over the last 12 months
3 year growth: +21.3%
5 year growth: -5.7%
Investment Disclaimer: Analysis based on EX37 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

High Bickington, Umberleigh
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,859
Based on a loan of £393,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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