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Posbury, Crediton, Devon, EX17

South West

£700,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled on a generous plot in the tranquil hamlet of Posbury, this property merges classic charm with the potential for modern family living. Positioned just a short drive from Crediton, residents can enjoy the beauty of the countryside while remaining conveniently close to local amenities. The interior features many original characteristics such as high ceilings, bay windows, and detailed woodwork, creating an inviting atmosphere. The ground floor includes two spacious reception areas: a dining room that overlooks the front garden and a second lounge that opens to the rear, perfect for entertaining or family gatherings. The kitchen is functional but offers opportunities for refurbishment or expansion (subject to planning permission), allowing you to tailor it to your preferences and create an open-plan layout suitable for contemporary lifestyles. The first floor comprises three comfortable bedrooms along with a family bathroom, while a convenient shower room is located on the ground level. An additional versatile bedroom on the second floor can be adapted as a guest suite, study, or hobby area. Outside, the property boasts an expansive and private rear garden ideal for outdoor activities and leisure pursuits. A detached summer house/shed at the far end provides excellent possibilities for conversion into a home office or studio space. With a double garage offering secure parking or storage options along with potential for workshop use (subject to planning), this home also features ample off-road parking on the private driveway. This well-maintained residence represents a unique opportunity to capitalize on period elegance while personalizing it through renovations in one of Mid Devon's most sought-after rural locations.

Investment Analysis

(EX17 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on EX17 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

Posbury, Crediton, Devon, EX17
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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
£2,564
Based on a loan of £525,000 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