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Jury Park, South Molton, Devon, EX36

South West

£250,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
770 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and investment, nestled in a serene cul-de-sac on the outskirts of town. While the property is currently in need of modernization, its spacious layout and good-sized rooms offer a solid foundation for potential improvements. Upon entering, you'll find an entrance hallway that conveniently connects to all main areas, including an airing cupboard for added storage. The living/dining room stands out as a bright space, complete with a gas fireplace which could be transformed into a cozy focal point. The kitchen features essential wall and base units alongside a sink/drainer, with access to the side garden enhancing functionality and flow. Both bedrooms are generous doubles; the master bedroom includes built-in storage, providing handy space-saving options. The bathroom comprises standard amenities such as a bath, WC, and wash hand basin—ideal for reconfiguration or updating according to modern preferences. Outside, the property boasts front and rear gardens that feature established shrubs and lawns. A driveway leads to a single garage while both sides of the bungalow allow easy passage to the substantial rear garden, which offers great scope for landscaping or further development. Located within a desirable cul-de-sac, this property's position is advantageous not only for privacy but also proximity to South Molton's extensive amenities. The local area hosts shops, schools, restaurants, health services, and recreational facilities—making it an attractive choice for families or retirees looking to invest in their future. Accessibility is excellent with the A361 North Devon link road nearby connecting you to Barnstaple and beyond. For those commuting or traveling further afield, Tiverton Parkway provides mainline rail services with direct routes to London Paddington in approximately two hours. Additionally, the beautiful surrounding countryside lends itself well to outdoor pursuits such as walking, cycling, and fishing. With its location benefits and significant renovation potential, this bungalow represents an exciting investment opportunity in a charming part of North Devon.

Investment Analysis

(EX36 area)

Above Market Value

This property is priced +15.2% above area average per sq ft

+15.2%
This Property
£325/sq ft
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£238,769
10% above area average per sq ft
Potential ROI
-17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX36)

Area prices are rising by +4.4% over the last 12 months
3 year growth: -8.7%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on EX36 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

Jury Park, South Molton, Devon, EX36
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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
£916
Based on a loan of £187,500 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.

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