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Lydford, Lydford, Okehampton

South West

£235,000
Listed on 06/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

Located on the edge of the picturesque village of Lydford, this two-bedroom semi-detached cottage presents a rare opportunity for buyers looking to invest in a property brimming with potential. The home features stunning rural views, off-road parking, and a spacious garden, all set within a tranquil setting that still allows easy access to local amenities and the breathtaking Dartmoor National Park. This cottage requires updating throughout, offering a blank slate for those wishing to add their personal touch. The potential for enhancement and extension is significant, as demonstrated by nearby properties that have successfully undergone renovations. This makes it an ideal choice for those keen on embarking on a renovation project or creating a unique living space tailored to individual preferences. Lydford itself is celebrated for its rich history and idyllic atmosphere, featuring notable landmarks such as the Norman castle and Lydford Gorge. With a strong community spirit fostered by local pubs and scenic walks right at your doorstep, this location promises not only a charming home but also an enriched lifestyle. The nearby town of Okehampton offers additional services while maintaining convenient commuting options via the A30 to Exeter and beyond. For anyone interested in revitalizing a property in one of Devon's most desirable areas, this cottage represents significant promise and investment potential.

Investment Analysis

(EX20 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 0.6%
5 year growth: 12.3%
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

Lydford, Lydford, Okehampton
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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
£861
Based on a loan of £176,250 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