Worst House on the Street Logo
Lewdown, Okehampton - Image 1
Lewdown, Okehampton - Image 2
Lewdown, Okehampton - Image 3
Lewdown, Okehampton - Image 4
Lewdown, Okehampton - Image 5
Lewdown, Okehampton - Image 6
Lewdown, Okehampton - Image 7
Lewdown, Okehampton - Image 8

Lewdown, Okehampton

South West

£165,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents an exciting opportunity for those looking to invest in a residential project. Spanning approximately 0.25 acres, the plot comes with full planning permission for the construction of a spacious four-bedroom, three-bathroom detached home, along with a double garage. All necessary services are already available at the site, making it ready for immediate development without the added concern of CIL payments, as these have been settled by the vendor. Located within a small and select development accessed via a private road, this plot is part of a well-regarded community consisting of only five properties. The village of Lewdown offers essential amenities, including a local pub and Post Office. Additionally, primary schools are available in nearby Lewtrenchard and Lifton. For broader shopping and entertainment options, the market towns of Tavistock, Okehampton, and Launceston are all within easy reach. The proposed design includes an entrance porch, cloakroom, utility room, study, and an open-plan living area that seamlessly integrates the kitchen and dining spaces. The first floor will host four generous double bedrooms—two featuring ensuite shower rooms—as well as a family bathroom. With excellent access to major transport routes via Lifton towards the A30, this location provides convenient links to Cornwall's stunning coastline and Devon's cities. Outdoor enthusiasts will appreciate nearby attractions such as Roadford Lake, which offers beautiful walking paths and sailing opportunities. For further details on planning permissions or other inquiries regarding this promising investment plot, prospective buyers can refer to West Devon Borough Council’s planning website or contact the listing agent directly.

Investment Analysis

(EX20 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 1.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on EX20 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

Lewdown, Okehampton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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