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Weare Giffard

South West

£295,000
Listed on 03/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
943 sqft

Description

Myrtle Cottage is a charming period property situated in the desirable village of Weare Giffard, presenting significant potential for refurbishment and modernization. This attached cottage features an inviting entrance hall, a comfortable sitting room with a decorative stone fireplace, a spacious dining area, and a versatile snug/study that could serve various purposes, including an occasional bedroom. The kitchen is equipped with light base units and could benefit from updating to enhance functionality. Upstairs hosts two generously sized double bedrooms and a family bathroom requiring modernisation. The cottage is complemented by front and rear gardens, providing outdoor space that can be further developed or landscaped to meet personal preferences. With its south-westerly aspect offering plenty of natural light, this property holds promise for both investors and those seeking to create their dream home in a picturesque setting. Its proximity to local amenities in the charming village enhances its appeal as an investment opportunity in the tranquil South West countryside.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£313/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£311,501
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on EX39 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

Weare Giffard
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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
£1,081
Based on a loan of £221,250 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