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Umberleigh

South West

£650,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2444 sqft

Description

This detached chalet-style property, dating back to the 1930s, presents a significant renovation opportunity for those seeking a spacious family home in a semi-rural environment. Set on approximately 1.5 acres of land, the property features diverse gardens that include formal areas, woodland, a pond, and a stream, creating potential for landscaping projects or private retreats. The accommodation is generous but requires modern updating; it includes two reception rooms, a kitchen/diner with existing fitted units and integrated appliances, and three bedrooms including two doubles on the first floor. A detached studio/workshop adds further value with possibilities for conversion into an annexe or additional living space (subject to planning consent). With separate access to the grounds from the road, potential exists for garaging or extensions to enhance the living area. Located conveniently near local amenities and transport links while offering privacy amid open countryside, this property is ideal for investment-minded individuals looking to create their ideal residence without being too remote. Offered with no onward chain.

Investment Analysis

(EX37 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£266/sq ft
Area Average
£292/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£785,954
10% above area average per sq ft
Potential ROI
+6.2%
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
31%
Properties sold annually

Local Market Trend (EX37)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +2.6%
5 year growth: -6.8%
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

Umberleigh
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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
£2,344
Based on a loan of £487,500 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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