Worst House on the Street Logo
Crockernwell, Exeter - Image 1
Crockernwell, Exeter - Image 2
Crockernwell, Exeter - Image 3
Crockernwell, Exeter - Image 4
Crockernwell, Exeter - Image 5
Crockernwell, Exeter - Image 6
Crockernwell, Exeter - Image 7
Crockernwell, Exeter - Image 8
Crockernwell, Exeter - Image 9
Crockernwell, Exeter - Image 10
Crockernwell, Exeter - Image 11

Crockernwell, Exeter

South West

£350,000
Listed on 02/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1440 sqft

Description

This four-bedroom property presents a noteworthy opportunity for renovation and investment in the charming village of Crockernwell, situated on the eastern edge of Dartmoor National Park. This location is both picturesque and conveniently accessible, with nearby amenities in Cheriton Bishop and Crediton providing essential services and educational options. The vibrant city of Exeter is just 12 miles away, offering a wider range of cultural, educational, and recreational facilities along with excellent transport links. Cross Cottage is currently configured to include two reception areas, a kitchen equipped with an oil-fired Rayburn, and a downstairs bathroom. With three bedrooms located on the first floor and an additional fourth bedroom on the upper level, the property offers ample space that could be modernized into a comfortable family home. Notably, there's potential for expansion (subject to planning permission), allowing for further development that could significantly enhance value. The entrance to Cross Cottage is marked by black metal gates leading into a courtyard that provides off-street parking. Inside, you enter the dining room where original features such as an inglenook fireplace may still be intact beneath contemporary updates. The kitchen overlooks the courtyard and garden, creating inviting views while cooking or entertaining. The sitting room features double windows that allow natural light to flood the space. Upstairs accommodates three bedrooms while the top floor includes a fourth bedroom alongside a generous storeroom that holds promise for conversion into additional living space (subject to planning regulations). The property also benefits from outdoor features; a useful carport adjoins the main house and there’s ample storage for gardening equipment within a large storehouse. The south-facing garden is predominantly laid to lawn, bordered by traditional stone walls, creating a pleasant outdoor retreat. Existing structures include two greenhouses and a wooden shed. Cross Cottage is not listed but falls within Dartmoor National Park boundaries, providing both preservation benefits and regional charm. With its solid foundation and potential for modern upgrades, this property represents an attractive prospect for those looking to invest in a renovation project in an appealing countryside setting.

Investment Analysis

(EX6 area)

Below Market Value

This property is priced -30.4% below area average per sq ft

-30.4%
Potential saving
This Property
£243/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£552,895
10% above area average per sq ft
Potential ROI
+31.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -8.7%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on EX6 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

Crockernwell, Exeter
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 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