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Grassmere, South Molton

South West

£325,000

Listed on 20/06/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

Grassmere is a charming two-bedroom detached bungalow situated on a spacious plot at the edge of South Molton, providing an excellent foundation for renovation and potential expansion, pending necessary permissions. The property features well-maintained gardens, ample parking options, and an attached garage. Inside, the layout includes a welcoming entrance hall, a dual-aspect sitting room that enhances natural light, a kitchen/breakfast room with patio doors leading to the garden, two comfortable double bedrooms, and a shower room. The expansive rear garden is fully enclosed for privacy and hosts useful outbuildings. This property represents a blank canvas for those looking to update or extend their living space in a desirable area close to local amenities such as shops, schools, and recreational facilities. With its solid structure and attractive location, Grassmere is an ideal choice for savvy investors or homeowners looking to create their dream dwelling.

Investment Analysis

(EX36 area)
Area Average
£283/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX36)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -15.0%
5 year growth: +9.7%
Investment Disclaimer: Analysis based on EX36 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

Grassmere, South Molton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-3.0% since listed
£325,000£10,000(-3.0%)
14/03/2026
Current price
£335,000Initial listing
29/11/2025

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