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Weare Giffard

South West

£585,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1454 sqft

Description

This four-bedroom detached bungalow is positioned on an elevated site that offers stunning views over Weare Giffard. While the property requires a degree of modernisation, it presents a fantastic opportunity for investors or families looking to create their ideal home. The expansive private gardens surrounding the property provide a tranquil outdoor space, and there is ample parking available. Additionally, there is an option to acquire around 1 acre of adjacent paddock land, which adds further value and potential for expansion. Situated in the charming village of Weare Giffard, this property not only benefits from picturesque surroundings but also from essential local amenities including a village hall, church, playground, and the notable 'Cyder Presse' pub. Just a short distance away lies Great Torrington with its range of shops and leisure facilities, while Bideford offers more extensive services including supermarkets and restaurants. The nearby Tarka Trail is perfect for walking and cycling enthusiasts. Inside, the layout features a large glazed porch leading to a welcoming hallway that connects to all main rooms. The south-facing sitting room boasts three aspects and an open fire. The kitchen/breakfast room includes light base units and space for dining—ideal for redesigning into a contemporary culinary space. Each of the four well-sized double bedrooms has unique attributes; three are equipped with basins for convenience, while the family bathroom offers practical wet-room functionality. Outdoors, alongside tarmac and gravel driveways, charming terraced lawns grace the front of the house with a timber summer house nestled among established shrubs and trees. Furthermore, potential planning exists for an additional dwelling on the paddock land which could be explored by prospective buyers interested in expanding their investment portfolio.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +34.0% above area average per sq ft

+34.0%
This Property
£402/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£480,300
10% above area average per sq ft
Potential ROI
-27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on EX39 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

Weare Giffard
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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
£2,143
Based on a loan of £438,750 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