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Greenclose Court, Colyton. Devon

South West

£220,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
672 sqft

Description

This terraced house is nestled in a quiet cul-de-sac on the edge of Colyton, providing a tranquil setting while still being conveniently close to the town's amenities. The property features two bedrooms and offers a layout that presents significant renovation potential for those looking to invest or personalize their space. Upon entering, you are greeted by an entrance hall with practical storage solutions. The spacious living and dining area boasts natural light from large windows and provides direct access to the rear garden, which is south-west facing, making it ideal for enjoying afternoon sun. The kitchen, although functional, would benefit from modern updates to fully utilize the space. Upstairs, both bedrooms feature restricted ceiling heights due to their design but continue the theme of potential with ample built-in storage options. The bathroom includes essential fixtures and could easily be transformed into a more contemporary space. The property's outdoor area consists of a manageable enclosed garden that includes a patio and lawn with established shrubbery—perfect for gardening enthusiasts or those seeking a peaceful retreat outdoors. Additionally, parking is convenient with marked bays available nearby as well as a garage located just a short distance away. Colyton itself is characterized by its charming market town atmosphere, offering a range of local shops and services that cater to daily needs. The presence of primary education facilities within reach, along with the highly regarded Colyton Grammar School nearby, adds appeal for families or those considering long-term rental opportunities. The proximity to local transport options allows easy access to neighboring towns and attractions, including the stunning Jurassic Coastline. This property represents an excellent investment opportunity for first-time buyers or investors looking to capitalize on rental demand in this desirable location. With some thoughtful updates, there is great potential to enhance both aesthetic appeal and value over time.

Investment Analysis

(EX24 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£327/sq ft
Area Average
£368/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£271,804
10% above area average per sq ft
Potential ROI
+13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX24)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 15.7%
5 year growth: 42.9%
Investment Disclaimer: Analysis based on EX24 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

Greenclose Court, Colyton. Devon
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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
£806
Based on a loan of £165,000 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