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Chacewater Hill, Chacewater

South West

£495,000
Listed on 24/11/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a rare opportunity to acquire a small holding on the outskirts of Chacewater, set across approximately 1.6 acres. The site includes three distinct dwellings: an original farmhouse with three bedrooms, flanked by two one-bedroom cottages that could serve as annexe accommodation or generate rental income. Additionally, there are multiple former farm buildings of various sizes that could be repurposed, offering significant potential for conversion into further living spaces or business ventures, pending necessary planning approvals. The grounds feature ample parking, gardens, and a paddock with views towards the village. With no onward chain, this property is ideal for those looking to invest in a unique rural setting with extensive renovation and development possibilities.

Investment Analysis

(TR4 area)
Area Average
£347/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +4.5% over the last 12 months
3 year growth: -8.8%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on TR4 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

Chacewater Hill, Chacewater
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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
£1,813
Based on a loan of £371,250 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