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Hemyock, Cullompton, EX15

South West

£210,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
644 sqft

Description

Nestled in a desirable area of The Oaks, this two-bedroom terrace presents a promising opportunity for renovation and investment. With the added convenience of a garage and off-road parking at the rear, the property offers functionality alongside its potential for transformation. Upon entering, you are greeted by a modest entrance hall that leads to a generously sized living room. Natural light pours in through the front window, creating an inviting space that could easily be reimagined to suit modern tastes. Adjacent to this is the kitchen, which is ready for updates and connects directly to the garden, allowing for effortless indoor-outdoor living. The first floor accommodates two well-proportioned bedrooms along with a family bathroom, ideal for anyone looking to personalize their living space. This layout provides a solid foundation for those wishing to enhance or expand upon the current setup. The low-maintenance rear garden is fully paved, featuring a walled enclosure and gated access leading to the driveway and garage. This setup not only maximizes usable space but also simplifies upkeep, making it an appealing feature for future homeowners or tenants. Additionally, the property is equipped with 16 solar panels on a 4kw system, offering energy efficiency benefits that could appeal to environmentally-conscious buyers or renters. Overall, this property stands as an excellent opportunity within a well-regarded village locale. Its combination of location advantages and renovation potential makes it an attractive proposition for those willing to invest time and resources into making it truly their own.

Investment Analysis

(EX15 area)

Above Market Value

This property is priced +7.6% above area average per sq ft

+7.6%
This Property
£326/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£214,610
10% above area average per sq ft
Potential ROI
-8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX15)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 0.9%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on EX15 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.

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Location

Hemyock, Cullompton, EX15
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