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Grassmere, South Molton

South West

£335,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow, located on the outskirts of South Molton, is set back from George Nympton Road and benefits from a spacious plot featuring well-established gardens, generous parking space, and an attached garage. While the property has been maintained in good condition by its current owners, it presents an ideal opportunity for those looking to customize or expand their living space, subject to obtaining any necessary planning permissions. The accommodation is naturally illuminated and consists of an entrance hall, a dual-aspect sitting room that offers a welcoming atmosphere, a kitchen/breakfast room with patio doors leading to the outdoors, two double bedrooms, and a shower room. Upon entry from George Nympton Road, you'll find a large brick-paved driveway providing ample parking that leads directly to the garage. The rear garden is particularly noteworthy; it is spacious and enclosed for privacy with hedgerow boundaries and also includes useful outbuildings. This outdoor area provides a blank canvas for gardening enthusiasts or those wishing to create outdoor living spaces. Conveniently situated near local amenities including shops, schools, restaurants, and recreational facilities in South Molton—a town known for its community market—this property not only offers comfortable living but also significant potential for future enhancement.

Investment Analysis

(EX36 area)
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX36)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -9.9%
5 year growth: +18.3%
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

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,208
Based on a loan of £251,250 over 30 years at 4.06% 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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