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Land Park, Chulmleigh

South West

£325,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow is set on a generous plot of approximately 0.2 acres, located on the outskirts of Chulmleigh. While the property requires some updating, it presents a remarkable opportunity for renovation and investment. The absence of an ongoing chain facilitates a straightforward purchase process. The bungalow features a triple-aspect sitting room, which allows for ample natural light, along with a kitchen and a shower room complemented by a separate WC. The spacious bedrooms include built-in cupboards in the primary bedroom, providing convenient storage solutions. Accessed via a long driveway, the property offers off-road parking alongside an attached garage equipped with an electric roller door and personal access to the rear garden. The side gardens wrap around both sides and the rear of the property, creating an expansive outdoor space that could be further developed or enjoyed as is. Chulmleigh is known for its vibrant community atmosphere and rural charm. It boasts a variety of local amenities including shops such as a butcher, bakery, dairy, florist, and more. Families will appreciate the excellent educational facilities provided by Chulmleigh Academy for children aged 3 to 16. Other amenities include a health centre, dental surgery, library, two public houses, and community sports facilities. For broader shopping options and services, South Molton and Crediton are nearby market towns easily accessible from this location. Public transport is conveniently provided by the local railway station at Eggesford just two miles away, offering direct services to Exeter and Barnstaple. Major road connections via the A377 or North Devon Link Road enhance accessibility to regional centres such as Barnstaple and Exeter—both rich in commercial offerings and leisure activities. Additionally, Junction 27 of the M5 motorway is within 45 minutes' drive, making travel to Tiverton Parkway station (with fast links to London Paddington) or Exeter International Airport quite straightforward. Overall, this property represents not only a comfortable living space but also substantial potential for enhancement in both lifestyle and value through thoughtful updates and renovations.

Investment Analysis

(EX18 area)
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Land Park, 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
£1,191
Based on a loan of £243,750 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