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Grassmere, South Molton

South West

£335,000
Listed on 30/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow, located at the outskirts of South Molton, sits on a generous plot and features established gardens, ample off-street parking, and an attached garage. While the current owners have maintained it well, the home presents a unique opportunity for new owners to put their personal stamp on it. The existing layout includes an entrance hall, a dual-aspect sitting room, a kitchen/breakfast area with patio access, two spacious double bedrooms, and a shower room. The expansive rear garden offers privacy with its mature hedgerows and comes with useful outbuildings that could be repurposed or expanded upon. There is significant potential here for renovations or even enlargements, subject to necessary consents. This property is ideally situated just minutes from local amenities in South Molton, making it both convenient and appealing for family living or investment purposes.

Investment Analysis

(EX36 area)
Area Average
£284/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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
7%
Properties sold annually

Local Market Trend (EX36)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -8.1%
5 year growth: 19.8%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,227
Based on a loan of £251,250 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