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Puddington, Tiverton, Devon, EX16

South West

£400,000
Listed on 20/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2093 sqft

Description

This distinctive former chapel, completed in 1854, is located on the outskirts of Puddington village and presents an intriguing opportunity for renovation and investment. Retaining many original features, this property combines character with a versatile living space and stunning views of the surrounding countryside. The layout includes four bedrooms, two of which are en-suite, offering flexibility for family living or potential rental income. The ground floor features a spacious sitting room complete with an inglenook fireplace and patio doors leading to the garden. The kitchen overlooks the gardens while also providing breathtaking vistas across the countryside, presenting an excellent chance for modernization according to your vision. A separate dining room offers ample space for gatherings and includes access to a fourth bedroom that could serve as a guest suite or private office. Upstairs, the light-filled layout continues with three well-proportioned bedrooms, two with charming arched windows. The main bedroom benefits from its own en-suite bathroom, while another full bathroom on this level adds convenience for residents and guests alike. Externally, the property is approached via a village road leading to a carport along with a sizable timber workshop equipped with power—ideal for various projects or as additional storage. The cottage-style garden frames the property beautifully and features areas designed for relaxation alongside a wildlife pond. There is considerable potential here to enhance outdoor spaces further or develop them into something even more unique. Puddington offers peaceful living within attractive rural surroundings yet remains conveniently close to Witheridge, about three miles away. This larger village provides essential amenities like schools, shops, public houses, and community activities that foster connectivity among residents. For broader services including shopping and recreation, Tiverton is just a short drive away. This chapel embodies both historic charm and modern possibilities—an ideal setting for those looking to invest in property that combines the best of rural life with potential for personal touches or enhancements. Mains utilities are connected alongside air source heating and solar panels already in place, making it easier to transition into your new home while also considering future sustainability options. Overall, this unique property not only serves as an interesting residence but also stands out as a canvas ready for transformation—whether you choose to preserve its heritage or introduce contemporary updates that reflect your lifestyle preferences.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£191/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£670,200
10% above area average per sq ft
Potential ROI
+45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -8.9%
5 year growth: 4.2%
Investment Disclaimer: Analysis based on EX16 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

Puddington, Tiverton, Devon, EX16
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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
£1,465
Based on a loan of £300,000 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