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Cooks Cross, South Molton

South West

£150,000
Listed on 08/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
711 sqft

Description

This three-bedroom terraced cottage in the market town of South Molton offers a generous amount of space and presents an excellent opportunity for renovation. The property features a sizable sitting room/dining area, a kitchen, and a convenient ground floor cloakroom. Upstairs, you will find three well-proportioned bedrooms along with a family bathroom. The entire rear garden belongs to this property, shared among four homes but mainly laid out as a lawn with an additional small stone store. A wide side access leads directly to the garden, adding convenience for potential landscaping or extension ideas. With no onward chain, this home is ready for someone to invest their vision into it. Located close to local amenities such as shops, schools, and a supermarket, this cottage has promising potential for those looking to create their ideal living space.

Investment Analysis

(EX36 area)

Below Market Value

This property is priced -25.8% below area average per sq ft

-25.8%
Potential saving
This Property
£211/sq ft
Area Average
£284/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£222,429
10% above area average per sq ft
Potential ROI
+20.2%
After renovation
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

Cooks Cross, 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
£549
Based on a loan of £112,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE