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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, constructed from rendered stone and cob with an artificial slate roof, presents a significant opportunity for renovation within its spacious grounds of nearly half an acre. Featuring a traditional layout, the interior includes a dual-aspect living/dining room complete with original features like exposed timbers and a substantial stone fireplace, alongside a cozy sitting room/snug that also boasts a fireplace. The kitchen is functional yet could benefit from modernization, offering potential to create an open-plan entertaining space. With three double bedrooms on the first floor, this property has great scope for enhancement while retaining its period character. Outside, the terrain is primarily grassed with established shrub borders and mature trees providing privacy. An outbuilding/workshop adds further utility to the property, making it suitable for various uses. For those seeking a project or investment in a highly accessible area near Bishops Nympton and South Molton's amenities, this cottage stands out as a promising prospect.

Investment Analysis

(EX36 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£213/sq ft
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£575,633
10% above area average per sq ft
Potential ROI
+29.4%
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
14%
Properties sold annually

Local Market Trend (EX36)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -9.7%
5 year growth: +17.2%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 over 30 years at 4.06% 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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