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Bishops Nympton

South West

£395,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1857 sqft

Description

This charming cottage, set within a generous plot of nearly half an acre, offers significant renovation potential for the astute investor or homebuyer. Comprising a living/dining room, cozy sitting room/snug, functional kitchen, utility/boot room, bathroom, and three bedrooms, this property presents an opportunity to modernise and enhance its character while retaining its original features. The rendered stone and cob construction under an artificial slate roof provides a solid foundation for updates. The expansive gardens are well-established and include multiple vehicle parking and an outbuilding that could serve various purposes. Its proximity to Bishops Nympton village amenities and ease of access to South Molton and Barnstaple further amplify its appeal as a renovation project.

Investment Analysis

(EX36 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£213/sq ft
Area Average
£284/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£580,944
10% above area average per sq ft
Potential ROI
+33.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX36)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -8.1%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on EX36 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

Bishops Nympton
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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
£1,447
Based on a loan of £296,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE