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Sticklepath, EX20 2NS

South West

£420,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1161 sqft

Description

Ford Wood presents an intriguing opportunity for those seeking a renovation project in a picturesque setting bordering Dartmoor. This property consists of a traditional two-storey cottage complemented by a 20th-century bungalow-style extension, all situated on approximately 3.25 acres of varied terrain that includes paddocks, gardens, and woodland. While the property is currently configured with three bedrooms and two reception rooms, it requires comprehensive modernisation to unlock its full potential. Recent improvements include a new roof and updated plumbing with plastic pipes, yet further work is needed to transform this space into a contemporary residence. The vast outdoor areas offer possibilities for extending the living space or exploring redevelopment options, subject to necessary permissions. The location strikes a balance between rural tranquillity and convenient access to local amenities found in the nearby villages of Sticklepath and South Zeal. The charming town of Okehampton is just a short drive away, providing essential services and transport links via rail to Exeter and London. With direct access to excellent walking and riding routes along the bridleway adjacent to the property, this site holds significant appeal for those who appreciate nature while being within reach of urban conveniences.

Investment Analysis

(EX20 area)

Above Market Value

This property is priced +24.7% above area average per sq ft

+24.7%
This Property
£362/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£370,423
10% above area average per sq ft
Potential ROI
-28.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 1.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on EX20 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

Sticklepath, EX20 2NS
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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
£1,539
Based on a loan of £315,000 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