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Shells Lane, Colyford, Colyton

South West

£730,000

Listed on 13/11/2025

Property Details

Bedrooms
3
Type
Detached
Area
3071 sqft

Description

Presenting an opportunity to transform a well-established family home that has been cherished for over 27 years. Holly Ridge, located on a serene no-through lane, boasts proximity to Colyton Grammar School, one of the UK's leading secondary institutions. With the town of Colyton just a mile away, this property enjoys both tranquillity and convenience. While the home is tidy and ready for living, it shows significant potential for modernisation throughout—particularly in the kitchen, bathrooms, and general decor including flooring and lighting. The entrance is via a five-bar gate leading to a gravel driveway that provides ample parking in front of a sizeable two-storey timber outbuilding. Currently serving as storage and workspace, this structure requires either re-cladding or replacement but could be adapted for various uses with appropriate planning permissions. Inside the main residence, the ground floor features a large porch, hallway, shower room, kitchen, dining area, sitting room, and an additional versatile room suitable for multiple purposes. Upstairs includes two spacious bedrooms with stunning views of the coast and countryside along with a bathroom and separate WC. A staircase leads to an expansive attic space complete with dual aspect windows offering remarkable vistas. This property serves as a blank canvas for those looking to design their ideal home in a coveted location while also enhancing its value.

Investment Analysis

(EX24 area)

Below Market Value

This property is priced -34.5% below area average per sq ft

-34.5%
Potential saving
This Property
£238/sq ft
Area Average
£363/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£1,225,406
10% above area average per sq ft
Potential ROI
+58.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX24)

Area prices are falling by -2.2% over the last 12 months
3 year growth: +7.5%
5 year growth: +24.0%
Investment Disclaimer: Analysis based on EX24 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

Shells Lane, Colyford, Colyton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,604
Based on a loan of £547,500 over 30 years at 3.97% 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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